If a real estate property is sold by a physical person, often it is done to save other assets, e.g. residential property. Companies who sell their commercial properties usually are in need of working capital thus ready to sell assets that are not in their line of business. One of the main reasons why some commercial proprieties are sold is mortgage debt.
Often, commercial real estate is sold by banks who got them as pledged properties for unpaid mortgage. And since banks usually do not have resources to manage commercial properties, it leads to more expenses from their side. In such cases it's easier for the bank to sell such properties often for a lower price.
Plus, there are companies specializing on purchasing and reselling commercial real estate. They gain more on reselling the property than they would in case of renting it, so such offers are also nothing to be afraid of.
If planning to by real estate in which to rent out to tourists, it's advisable to find property that is also ideal for permanent living. In this case, if any circumstances arise which prevent touristic business, you can always sell or lease the flat for long term. Investments in apartments that are good only for touristic business are risky. If touristic business drops, so does the price of the property.
In case of purchasing commercial real estate or offices with a long term rent contract that ensures high profit, it is extremely important to study this contract. It is advisable to hire a consulting company to do so. In some cases, the seller will make a fake rent contract in order to increase the attractiveness of a property. However, after the sale the contract is broken and the new owner is left with no guaranteed profit.
In terms of touristic rentals, the most attractive districts of Barcelona are the central and coastal districts. On average they provide more or less the same profitability. Apartments in the city center provide stable annual profit. Prices for seaside real estate are higher, but during the winter season the bookings are lower than in the center of Barcelona.
Since Spanish educational system is known to be a very efficient one, foreign students who come here have a variety of universities and educational programs to choose from. But before you decide to go to study in Spain, if you are from outside the EU you need to apply for a student via first. If you are planning to have a 1 month course it's sufficient to get a tourist visa with a right for a short-time course. For a longer course it is required to apply for a special student visa.
The medical system in Spain is one of the best in Europe. World renown medical institutions and clinics are located here, and visited by many international patients who come here for diagnosis and medical treatment. As is most European countries, the public medical care system in Spain perfectly harmonizes with private services.
Empadronamiento is a document issued by the city council that confirms your temporary registration in Spain. This document serves as confirmation of your stay/residence in Spain, independent from your citizenship or legal situation.
If you are planning a summer vacation in Barcelona with your children don’t worry, you won’t have to sit at home all day or look for a nanny. Gaudi’s monuments, hours in fashion boutiques and refined Spanish cuisine is definitely not the spare time the children dream about, but luckily Barcelona has a lot to offer even for the youngest visitors.
The International schools in Barcelona offer high-quality education in Spanish and English. Many of them incorporate a day nursery, kindergarten, and middle education. Children get a great opportunity to combine wide educational knowledge with additional language skills and other disciplines. Read more...
Barcelona universities are famous around Europe and the world. The capital of Catalonia offers a wide choice of government universities. Other than a general higher education, there is a possibility to get a Masters and Doctors. Read more...
Many people dream of buying real estate in Spain, however, not everyone is able to pay all the money upfront. The question of obtaining a mortgage then arises. Spanish banks are ready to provide mortgage loans for the purchase or construction of a real estate properties of up to 50% for non-residents of Spain.