Although in 2020 the number of transactions fell due to the health and economic crisis caused by Coronavirus, in 2021 interest in buying homes has returned. This interest comes particularly from foreign investors, who continue to view our country as one of the best places to invest, not only because of our quality of life and the good connections between our country and the rest of Europe and the world, but also because of the prices, seeing as foreign investors usually have much more economic bandwidth when buying a property in Spain.
Profile of the foreign investor
Although in the past the profile of foreign investors was normally someone over 60 years of age and looking for a place to live once they had retired, nowadays there are many young families and digital nomads who choose our country to live in.
Steps to sell a property to a foreigner
- Speak the language: the most common thing that foreigners prefer is to carry out transactions and resolve any doubts and questions in their own language, in order to avoid misunderstandings.
- Publish advertisements in several languages: the first point means that if we want to sell to a foreigner, we should publish the advertisement at least in English and if possible in several languages. It is also advisable to include as much graphic information as possible, including virtual tours, so that potential buyers can get a more realistic idea of what the property is like.
- Gather the necessary paperwork: the documents needed to sell a property to a foreigner are the same as those needed to sell a property nationally.
At Lasose Properties & Investments we specialise in buying and selling property internationally. We have a team of professionals who can carry out the transaction in different languages and help you to sell your property, assisting you from the very beginning and resolving all your doubts during the process.
