For those who have affirmed in their decision to invest in German foreign real estate, it will not be amiss to familiarize themselves with the intricacies of living in Germany. This is especially true of such key social needs as the choice of place of residence, as well as the level of medicine and education. Moreover, if you intend to purchase real estate not only for the purpose of generating income, but also have the intention to move to this country forever.
German medicine has come a long and thorny path from medieval alchemy to reputable universities, whose medical faculties have given the world many famous doctors and scientists.
Many years of successful experience, an excellent technical and intellectual base allow us to achieve the highest rates in almost all areas of medicine. Modern Germany occupies a leading position in the quality of medical services worldwide. Continue reading
In my previous article, we examined the benefits of living in the Spanish capital, Madrid. In this article I will tell you more about the most comfortable areas for living in the Spanish capital. So, the most favorable areas of the Spanish capital are:
Where is better to live and buy property in Madrid?
El Barrio de Salamanca (Salamanca District)
It has always been the best place to stay in Madrid, as it is one of the most exclusive areas of the capital in terms of acquiring housing. In 2019, Salamanca is once again positioning itself as the most expensive area in Madrid, with an average price per square meter of € 4,929, according to an official housing assessment (TINSA).
This is certainly one of the safest areas of Madrid. And, despite the fact that he is sleeping, the proximity to the city center allows its residents to combine living in it with trade and business. Continue reading
Investing in foreign real estate is a reliable investment with an average return. They also attract Russians by the opportunity to earn on savings in euros, since in recent years the rates on foreign currency deposits are extremely low. One of the main ways to recoup the investments made is to lease real estate. In the list of countries that allow you to earn in this way, Spain is one of the first places.
Spanish rental market
Today in Spain, more than 20% of housing is leased. Experts note that most of the young families that previously saved up money for their own homes now prefer to rent housing. Add to this that Spain is one of the most popular tourist destinations, and it will become clear why a rental business, if properly managed, brings a stable income of at least 5% per year.
The most popular among tourists are Barcelona, Mallorca, Murcia. The occupancy rate of real estate in Barcelona reaches 90% throughout the year, since tourists come here not only in high season. Another profitable region for the rental business is Valencia, but here the majority of tenants are students. Spanish universities are actively involved in exchange programs, so there is always a demand for apartments near them. Continue reading