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Spain Facts & FAQ's
 
 

CAPITAL: Madrid

POPULATION:
40.397.842

LANGUAGE
: Castilian Spanish 74%, Catalan 17%, Galician 7%, Basque 2%; note - Castilian is the official language nationwide; the other languages are official regionally

RELIGION:
Roman Catholic 94%, Other 6%

AVERAGE TEMP:

Spring 21ºC - 30ºF
Summer 29ºC - 84ºF
Autumn 26ºC - 79ºF
Winter 18ºC - 64ºF

LAND: 499,542 sq km

WATER:
5,240 sq km


COASTLINE: 4,964 km

TOTAL:
509,746 sq km

NATIONAL AIRLINE: 
Iberia Airlines

GOVERNMENT TYPE: 
Parliamentary Monarchy

CURRENCY:
Euro

Why choose Spain?

• Spain still has a lower cost of living than most other holiday destinations
• Over 330 days of sunshine per year-winter still warmer than most European countries
• Low cost flights
• Accessibility – approx 2.5 hours away
• Booming property market
• Mortgages up to 80%
• Lower rate than the UK
• Golf capital of Europe
• Relaxed lifestyle
• English widely spoken


Frequently asked questions:

Who can buy
Any investor, overseas or resident, can purchase in Spain’s luxury property developments.





Leasehold or Freehold
All properties for sale with Brighthouse Overseas SL are freehold.

Mortgages
Mortgages up to 80% of the value of a property are available to all our clients. This will vary and will depend on an individual client’s status and age.

Payment Terms
Deposits on Off Plan properties will vary from 20-30% of the buying price and is required at the contract-signing stage. There are no payments between deposit or completion. Deposits on a resale property vary.

Bank Accounts
Buyers do not need a local bank account to arrange purchases, though these can easily be arranged through Brighthouse Overseas SL banking partners.

Legal/Tax Advice
We recommend that all clients take independent tax and legal advice.

Re-sale
You can sell your property or assign your agreement to anybody. This can be done at any point throughout the build period or after.

Appreciation
Property prices in Spain have experienced considerable growth, and are forecast to remain this way for some time. This can be clearly seen if comparing current prices with those of 6 months ago. Like all investments, however, property prices can go down as well as up.

How do I arrange a viewing visit?

You can contact us 0034 952577436 or email us at enquiries@brighthouseoverseas.com