Real Estate in Spain. The Best Places to Buy in 2024.

[@AbdallahBelaouchi-n1r]

One of the very few straight to the point videos on this subject. Thank you.

[@saveandinvestwithgiorgiolo8375]

My pleasure Abdallah

[@cartagenapirate]

I have just built my own house in the countryside between Alicante and Murcia. Modern bungalow, 180 sqm, 12 meter pool, aircon, all tiles in and around the house, fully equiped bathrooms and 8063 sqm of ground for under 300.000 Euros. Nowhere in the EU could I have gotten it cheaper.

[@saveandinvestwithgiorgiolo8375]

Many congratulations. This area of Spain is the best in my opinion.

[@user-tz4ql8ob1q]

Alicante needs separate video, Georgio you the best!!

[@saveandinvestwithgiorgiolo8375]

Many thanks for your kind words. I did a video a while back on Alicante but another one is needed.

[@user-gh8kf2sr3d]

What does it have with the airport, why do you include it as a defining factor? There are much more valuable things unless you have to fly a few time each month which makes it worth it. Also, I can see that you include a lot of Andalucian cities. Did you try to live there by yourself for a certain period of time? In summer? What is the ocupas rate there?

[@lzj6739]

Real estate price went up a lot since last year, such as Malaga. IMO comparing to their salary, it’s way overvalued. However, on the rent market, it seems quite tight. So not sure the real supply and demand.

[@robklein1981]

Curious to learn more about Alicante and areas you would suggest buying with sea views.

[@saveandinvestwithgiorgiolo8375]

I have in the past made a video Alicante but perhaps time to make another one. Thank you for your feedback.

[@Rovena_]

Hey, you mentioned many cities that are in the south. I really like the south but I am not sure how the region will handle the heat and water shortages because of the climate change. What are your thoughts about it?

[@0007tad]

Climate...lol...its fake,,you must be a liberal..

[@Mlhm777]

Which is best for pure property investment?( not for living or the view) Where is reselling the property easier? Thank you

[@vitaliikonovaliuk7747]

Lovely. Jerez is a gem for 1,400 euros, close to lovely beaches and great parks. I wonder what the weather is like in Jerez in the summer. Maybe the ocean makes it not so hot, because Alicante in the summer is hell on Earth. And you didn't mention anything about the prices in Valencia. If the prices are not much higher than in Alicante, it makes Valencia my number one choice. The quality of life in Valencia is amazing, and it's so international. It makes life much easier for expats.

[@saveandinvestwithgiorgiolo8375]

Thank you for your feedback. The prices are around 400 Euros per sqm higher in Valencia compared to Alicante. Jerez does get very hot during the day in summer but the breeze from the ocean means evening/night temperatures are more bearable.

[@phoenix0477]

How about showing the real interior of spain? Im in Zaragoza, but everyone overlooks cities like these. Maybe not everyone wants 24hrs a day sunshine, but acceptable travelling times to beach locations. This isnt meant to sound negative, just more people should know that there are more cities in Spain apart from the coast and the south.

[@saveandinvestwithgiorgiolo8375]

Thank you for your feedback. I did a while back make a video on the best places to buy property in Northern Spain and Zaragoza made it on the list. I have also done a video on Galicia. Perhaps time to do a video focusing solely on the interior regions of Spain.

[@mjfletch5737]

This is a good mix of smaller towns and larger cities, all at decent value for the money. I agree with you on #1 and #2 placement for Valencia and Alicante. These two are on my top 5 list of retirement destinations. Thanks, Giorgio!

[@saveandinvestwithgiorgiolo8375]

Thanks again Mike. Spain offers so many towns and cities to choose from. Alicante and Valencia both offer a great quality of living.

[@jobird354]

What beautiful cities Giorgio. Granada sounds nice to me. I like to live in the mountains

[@saveandinvestwithgiorgiolo8375]

Granada is indeed a beautiful city and underrated. Thank you for your feedback.

[@tomjoconnally3733]

Almería city, very nice and under rated, bit cut off at the moment but high speed rail on the way... slow burner but great for those playing the long game or like you say Giorgio.. those just wanting a fair cost of living.. the tapas scene is also very interesting.. Casa Puga! top stuff.

[@saveandinvestwithgiorgiolo8375]

Tom yes a huge advantage of Almeria is the cost of living.

[@MrJeffHead]

You said Canaries was lifestyle purchase but since then properties have sky rocketed in price.

[@saveandinvestwithgiorgiolo8375]

This is not true. In certain places like Candelaria and Santa Cruz prices have actually gone down taking into acoount inflation. Playa de La Americas has gone up around 20% in the last 2 years but this must be set against high inflation although one must be fair and say this is still above inflation.

[@dennynisevic7848]

New subscriber here, hugs from Serbian fan. Are you realistate agent. ❤❤❤ videos, thank you.

[@saveandinvestwithgiorgiolo8375]

Thank you for your kind words. I am not a real estate agent.

[@londonbabe2467]

Could I ask where is the best place to buy a property walk in ready with garden or a bit of land to grow food. I am a senior woman and I’m looking for areas that are safe. Something under 100.000 if possible

[@Isabella.7851]

Giorgio, I am looking to buy cheap property in italy for up to 40 thousand euros, i am considering Turin, Genoa or Perugia. I am seeing incredibly cheap property in Turin and Genoa especially and am wondering if you could review it (the cheapest options for those cities) and also, could some of them be scams? Some of them seem too cheap even, so I am concerned...

[@saveandinvestwithgiorgiolo8375]

Isabella for Turin and Genova at those prices it is likely that the properties are in bad areas of the cities. I would be careful. Generally in Italy there are not many scams when it comes to buying real estate. Always use a lawyer but anyhow a notary should pick up on title ownership.

[@yeomanie]

Great video, wealth of knowledge. Thanks a lot

[@saveandinvestwithgiorgiolo8375]

My pleasure.

[@slowcal4]

Giorgio, which country in EU would you choose to buy a property

[@saveandinvestwithgiorgiolo8375]

slowcal4 for investment or lifestyle?

[@acc2mdk1]

Hello channel operator, Could you do a video on the some of the islands, for example Las Palmas (city) ?

[@saveandinvestwithgiorgiolo8375]

Thank you for your feedback. Will definitely consider it.

[@DJBILINGUAL]

⁠I want to move here so bad but the fact they would take up to 50% of my foreign income for living there is insane!

[@saveandinvestwithgiorgiolo8375]

Unfortunately taxation is high. You could spend part of the year instead and not become a tax resident.

[@DJBILINGUAL]

@@saveandinvestwithgiorgiolo8375 don’t you automatically become a taxable when you invest in RE in Spain? Good point though I would think that would be possible

[@saveandinvestwithgiorgiolo8375]

If you spend more than 183 days in Spain in a calender year then you become a tax resident and you you will be taxed on worldwide income. Of course if you buy a property in Spain and live in it for lets say 4 months of the year and rent it for 8 months you will have to pay rental income tax in Spain.

[@MrJeffHead]

Can u turn your income into dividends? Canaries is 0% on foreign dividends

[@arnonuhm4867]

You can combine the last 6 months of the first calendar year with the first 6 months of the following calendar year thus potentially stay 360 days in a single term..​@saveandinvestwithgiorgiolo8375

[@Netssa1]

👊🏻🇨🇦

[@saveandinvestwithgiorgiolo8375]

Thanks