The goal of any investment is financial profitability. In the real estate market, this depends on several factors, but the location is one of the most important. Not all areas have the same characteristics and development prospects.
Rushing when choosing the location of a real estate investment can have a high economic cost. Therefore, the essential advice is to take the time to assess what type of property and where to invest. The list of criteria to be taken into account is extensive, but the following are worth highlighting:...continue reading "How to choose the location of a real estate investment: what factors to consider"
The 2008 crisis and subsequent economic difficulties had countless consequences, including the fact that many individuals couldn't pay their mortgages and suffered foreclosures. Also, numerous developers with buildings already built went bankrupt.
All these homes passed into the hands of financial entities. Today many of them are in the hands of investment funds or Sareb (Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria), the Management Company of Assets from Bank Restructuring, in charge of bringing them back to the real estate market....continue reading "Buying bank repossession properties: pros and cons"
2020 has been a tough year at all levels. The world economy, and also the domestic ones, have suffered the consequences of the health crisis. However, the savings of Spaniards in the pandemic have been higher than in the immediately previous months....continue reading "Spaniards’ savings in pandemic: tips to avoid long-term losses"
Buying a home can be one of the higher investments you have to face. Therefore, it is a decision we shouldn't take lightly. In general, the search starts from a simple question: what is better, buying a new or second-hand home.
There is no perfect answer. In the end, the choice will depend on several factors that we should consider calmly since both options have their advantages and disadvantages....continue reading "What is better, buying a new or a second-hand home?"
Many people, especially young people, choose to rent a home instead of buying. Predictable expenses, savings in taxes and maintenance, as well as job instability, are factors that tip the balance. But once the decision is clear, the big question comes: How much rent can I afford? Figuring it out is essential to search for a home according to your actual circumstances....continue reading "How much rent can I afford: calculate your max budget"