Spain is one of the leading countries in Europe when it comes to building houses, despite being relatively small in size. This has made Spain a popular destination for people looking for a second home or settling down for good. However, there are many myths that you should be aware of regarding buying houses in Spain and why this might not be such a good idea after all.

A Few Myths About Buying Houses in Spain

It’s hard to get a mortgage in Spain

The truth is that it’s not that difficult to get a mortgage in Spain, but you will need to be ready to jump through some hoops. This may include having a good credit score and being able to prove that you have enough money saved up for the down payment. You may also want to check out some other articles that talk about how to finance a house purchase in Spain.

Property is expensive

This is a common myth, especially among first-time homebuyers who are looking at property as an investment. The reality is that property prices have dropped significantly over the past few years and are now more affordable than ever before. There are many different types of properties available for sale, including apartments and villas, so there should always be something within your budget range!

Spain is only for ex-pats.

No, it’s not. Although many people choose to live abroad, this is not a requirement. You can find great deals on houses in Spain if you are looking for property outside of the city and not just for ex-pats. In fact, there are more than 3 million ex-pats living in Spain, yet there are also many local people who have been living here for decades and still own property.

Real estate agents are a thing of the past, and you don’t need them anymore.

Real estate agents have been around since land was first sold in Spain; however, their role has changed over time as technology evolves so much faster than the market does. While there are still some real estate agents who work with individual buyers or sellers of homes and apartments, many now work as intermediaries between both parties without ever meeting them directly face-to-face due to online platforms like Makoo that allow buyers and sellers to communicate directly with each other and they can get best deals on houses for sale in Spain.

The process of buying a house in Spain is difficult

A lot of people think that the Spanish real estate market is quite complicated, especially when it comes to buying a house. In reality, though, this is not entirely true. There are plenty of steps involved and many things that you need to do before you can buy your own home. However, if you are willing to put in the effort, then this process can be very smooth and relatively stress-free.

You need to be a resident of Spain to buy a house there.

This is another myth that many people believe about buying houses in Spain. While it's true that you will need to become a resident of Spain in order to buy property there, there are ways around this requirement if you want to purchase your own home here as well. You can apply for residency after you have already purchased your first property here and even then, there are still ways around this requirement as well.

Conclusion 

Overall, there is no perfect time to buy a house in Spain. The only definite truth is that prices will never be as low as they are now. However, buying a house in Spain still has many advantages: with the right expectations and approaches, you should be able to have a great time and experience the authentic Spanish lifestyle while saving money. In the end, it's all about planning and choosing the right property and location. If you don't want to fall up into the trap of these myths and want to buy the best house for your self then you should have a good property agent, in this case, you can trust makoo for your help. Makoo provides a variety of unusual and intriguing houses for sale in Spain. Users can search for houses in their desired area and examine various detailed information such as images, descriptions, and prices. Pricing and other taxes that must be paid upon purchase are also covered.