Spain beckons with its unique flavor. Warm climate throughout the country, where there are no cold winters, drifts and the need to dress in several clothes. Beautiful nature, high standard of living, which manifests itself in decent wages, good medicine and education, as well as low crime are the main characteristics of Spain. In general, it is the country where many people from all over the world dream to live. Many cities of Spain boast of extreme popularity among foreign investors. Alicante is one of such destinations. Villas prices for sale in Alicante resonate with the outstanding quality of housing units and their comfortable location.
The overview of Alicante in Spain
Sunny Alicante is located in the eastern part of the Iberian Peninsula and is the center of the province of Alicante. It is located on the coast, between Benidorm and Elche, in the best climate zone of the Mediterranean. Alicante has a mountainous landscape, with a significant height difference between the quarters. The Benacantil and Tossal mountains, the San Julian and Grossa ranges dominate the city.
It is home to about 335,000 people, among them many immigrants from Argentina and Colombia. Spanish and a Valencian dialect of the Catalan language are most commonly heard in Alicante. Most of the city’s population is employed in commerce and the tourism industry.
Residence permit for the purchase of real estate in Alicante
One of the simple steps of obtaining a residence permit in Alicante is to buy real estate: an apartment, a house, a villa or a commercial property. Ownership allows you to apply for a temporary residence permit, then permanent residence (permanent residence) or even citizenship.
However, not every housing unit is suitable. To qualify for permanent residence in Spain when buying property, you must:
– purchase an object more expensive than €500,000 euro, which will allow you to get a “golden visa” of the investor.
Such a residence has many advantages: there are no requirements for a minimum annual residence in Spain, and together with the investor himself, all members of his family can obtain a residence permit. Resident status is valid for 2 years, it can be extended immediately for 5 years.
– buy an object for less than €500,000 euro, but at the same time prove financial security: a stable income outside the kingdom and bank savings to cover living expenses.
The residence permit issued in this case will be valid for 1 year. It can be extended for 2 years, then for another 2 years, and then apply for a long-term residence in the country.
Process of getting a residence permit for real estate purchase
Any investor in the sector of real estate in Spain has the right to get a residence permit. To obtain a residence permit card, it is necessary to perform the following steps:
1. Purchase of real estate worth at least €500.000.
2. Preparation of documents according to the requirements of the program.
3. Trip to Spain. No personal presence is required to submit the documents.
4. Approval: From then on, the residence permit is officially valid.
5. Registration in the Spanish police.
6. Visiting Spanish police for applying for a residence permit card.
7. Visiting Spanish police for the issuing of a residence permit card.
Benefits of getting residence permit in Spain
Having obtained a residence permit in Spain, you get the list of certain rights.
1. You do not have to obtain a visa to enter any country of the Shengen zone.
2. Permanent living inside the country is not obligatory.
3. You can stay in the country all year round.
4. Your family can get a residence permit as well.
Peculiarities of applying for a residence permit in Spain
To perform the procedure of applying for residence permit successfully, it is advisable to address a trusted real estate agent and gather all the necessary information.
It is important that the application and all required documents are submitted to the Spanish Consulate in the country of your permanent residence.
All documents issued in a foreign language must be translated into Spanish and legalized (both consular legalization and translation certified by a sworn translator in Spain is allowed).
As we have already said, the initial residence permit is issued for a period of 1 year. Then, if certain requirements and conditions are met, it is extended for 2 years, then another 2 years, and then you become the happy owner of a permanent residence permit, which involves only renewing the resident’s plastic card every 5 years with the police.
Buying real estate in Alicante
People who want to live on the Mediterranean coast, without much difficulty can find real estate at affordable prices in Alicante. The buyers often choose the destination as a favorable area for permanent stay as well as for renting out their properties.
Villas in Alicante are the symbols of luxury and richness. Usually they satisfy the needs of future residents to the fullest. They feature a big number of bedrooms, a swimming pool in the yard, parking places, areas for relaxing, and many other crucial options.
Factors that influence the cost of a villa in Alicante
The costs of villas in Alicante vary from €200,000 to several million euros. It is explained by plenty of factors that make a villa more or less profitable. As a rule, foreign investors need to pay attention to the next peculiarities:
– proximity to the sea, crucial infrastructure, and popular attractions;
– footage of a villa and a land plot if available;
– quality of materials and existence of necessary repairs;
– typical development or a project from a famous developer.
The bottom line
A villa in a resort city is always a prospective investment. The purchase appears even more worthy when it provides a chance to get a residence permit in a European country. Spain-Real.Estate is a major aggregator that introduces the collection of outstanding objects from talented developers. Choose the desired housing unit, contact the real estate agency and become an owner of a Spanish property.