Interest in the Spanish property market is increasing on a monthly basis. We can see new investors coming to market ready to develop those sites that might have never been finished or land that has laid dormant since 2008!
Our clients tend to be funds, developers or hotel chains looking to increase their portfolio's, seeking city centre commercial buildings with AAA rated tenants for a commercial property yield or construction companies ready to build new villas and apartments in Spain.
Currently we are seeking resorts with golf courses or leisure facilities as we several clients waiting.
Small to medium apartment blocks in areas like Benidorm, Calpe, Valencia and Marbella are all sought after from investors up to the 10 million euro level. They can be fully let or requiring some upgrading.
Currently in 2021 with the effects of Covid and Brexit it is a different market. The buyers have changed into European, American and Middle Eastern Private companies, Funds and Family Trusts.
There is a strong demand for the Balearic Islands at present.
Any buyers must comply with transactions legally and be able to pass and prove any money laundering questions. Having a "know your client" code from the bank will certainly help.