Political and Social Stability in Spain
Buying a home – anywhere, but here I´ll be talking about Spain, specifically Galicia in northwestern spain – is a dream for many. But when getting serious about a decision, specific questions and doubt arise. Here I will share the top ten issues home buyers in Spain start sweating about and give you my view and experience on them.
Fortunately, there is no one perfect spot on earth that suits everybody. Spain or Galicia may or may not be your spot – I will help you fin out!
Spain is a stable democracy...
… ranking 20th in the Global Peace Index. The northwestern regions have a low crime rate and high quality of life.
“I have been living in Spain for 20 years now. One of the main things I enjoy after having lived in and travelled many parts of the world, is safety – for myself and my family.”
We keep you informed about regional developments and their potential impact on your property.
Invest with confidence, knowing you’re backed by a team dedicated to your security and success when consulting with us!
Spain is known for its welcoming communities and rich cultural heritage
Our clients feel welcomed and enjoy food, festivals and the moderate climate a lot.
However, you have to do your part. On’t expect to replicate your lifestyle at home and have people applaud you. Integration is based on mutual respect. If you move to Galicia or anywhere else in Spain, you are the guest or – this may be a word you do not identify with – immigrant. So respect local customs, show interest in traditions, food and obviously the languages spoken in your region; yes, galician is also a language, not a dialect and learning it will open doors for you!
Spain boasts excellent transportation
…with major highways and rail connections.
The region is served by multiple airports, including Santiago de Compostela and A Coruña, facilitating easy travel. If that is what you are looking for, there are many possibilities of properties with access to top-notch healthcare, schools, and high-speed internet. Enjoy the perfect blend of rural charm and modern convenience.
Northwestern Spain enjoys a moderate climate
… with average summer highs of 25°C and winter lows rarely dropping below 10°C, depending if you are on the coast or inland (where it can snow 🙂 ). The area receives an average of 1,000 mm of rainfall annually, ensuring lush landscapes without extreme weather. Many of our clients are seeking less heat and more rainfall specifically.
We check properties taking the local climate into account, to ensure comfort and durability. Discover with us why northwestern Spain is an ideal location for your new home – especially if you do enjoy rainfall and lush, green landscapes!
Spain speaks Spanish, plus Catalan, Euskera and Galician
Language barriers holding you back?
Our team bridges the gap, making your property purchase seamless. We are fluent in English and Spanish, and we also offer services in French, German and Galician. From negotiating with sellers to understanding local regulations, we ensure clear communication every step of the way. Join our community of satisfied international clients who’ve successfully integrated into Spanish life.
Once you have arrived, however, you need to do your share and learn the local languages! 😉
Spanish property taxes
Our advisors clarify all costs so you can plan better. Spain has a range of property taxes, including ITP (6-10%) and annual property taxes (0.3-0.5%). We provide a detailed breakdown of all taxes and fees, ensuring you’re fully prepared. Our tax planning services have helped clients reduce their tax burden and above all, their insecurity. Don’t let hidden costs catch you off guard—let us guide you through the financial landscape.
Financing and exchange rates
We help you secure the best mortgage deals and manage currency risks.
Did you know non-residents can get up to 70% LTV on Spanish mortgages? We work with top banks to find you the best rates and terms. Get a first calculation online for free at: Wypo
The economic future of your investment
Our market insights keep you informed and confident! Spain’s property market has shown resilience, with a 5% annual growth rate in property values over the past five years. We monitor economic indicators and provide regular updates to help you make informed decisions. Our clients have seen an average ROI of 7% on their property investments. Let us guide you through a stable and profitable investment journey in Spain. Location is the number one rule in real estate and northwestern Spain is showing clear signs of being a future favorite!
Renovating your dream home
Let our restoration experts handle it for you! Older properties in Spain can hide structural issues, with 70% needing some form of renovation. We conduct thorough inspections and provide detailed renovation plans. Our team has successfully renovated over 200 homes, maintaining a very high client satisfaction rate. We offer transparent cost estimates and timelines, so there are no surprises. Transform your new property into a perfect home with our professional services.
Spanish property laws
Our expert team ensures a smooth, stress-free buying process!
Did you know that over 60% of international buyers in Spain encounter legal challenges? We provide comprehensive legal support, from verifying property titles to handling all paperwork, ensuring you avoid common pitfalls. With our expertise, over 95% of our clients complete their transactions without legal issues. Trust us to make your Spanish property dream a reality.
Do you have other concerns?
Or do you have questions about one or more of the discussed issues?
I will not tell you that I am the expert on all of them, but I am more than happy to give you my views and find the best contact for your situation.
Drop me an eMail at hoffmann@iNMOspector or WhatsApp at 0034 687697516 anytime!