According to Emmanuel Virgoulay, administrative and financial director at Barnes International in Spain, relayed by idealista.com: "The real estate sector is experiencing its best period since the economic crisis." "Now the market enjoys better security and investors looking for luxury villas and properties are retrusting Spain as a country with highly profitable assets."
This is the perfect time to invest in Spain as the prices have reached their lowest level for 12 years and go up again:
According to a study of the idealista.com portal, the yield of a residential property placed in long term rentals is 7.3% in Spain in the second quarter of 2017, compared with about 5.5% a year earlier.
The yield is even higher if one considers only the Costa del Sol and the Costa Tropical. Of course, short-term seasonal rentals allow you to go far beyond these figures.
An important added value:
For 2 years, prices have increased by more than 10% per annum on the Costa del Sol and the Costa Tropical (like Madrid, Barcelona and some other privileged areas).