Pam Golding Properties is marketing high quality, investment yielding residential property in prime locations in Spain to the South African and international markets. “Spain joins other destinations such as Mauritius, Seychelles and Portugal in offering residency programmes to foreigners acquiring property at prices in excess of €500 000,” comments the CE of Pam Golding Properties, Dr Andrew Golding. “A key attraction, particularly for South Africans, is that investors will have unrestricted access to move within the Schengen zone.”
Non-EU citizens who invest €500 000 in property in Spain are granted automatic residency and will have access to European countries like France, Germany, Belgium, Greece, Italy, Malta, Netherlands and other countries in the Schengen zone.
Pam Golding Properties focuses on quality property in prime locations like Barcelona, particularly for investment yielding property, and the Costa Brava - an appealing and upmarket holiday destination home to picturesque villages and cove beaches just north of Barcelona. The islands of Mallorca and Ibiza are also showing strong rental returns and capital growth.
Chris Immelman, MD of the International and Projects Division says, “We have visited Spain to meet with lawyers, reputable developers and real estate companies to ensure we fully understand the intricacies of the new law and how it will be applied, and to establish partnerships to source sound investment opportunities to offer potential property buyers.”
He adds: “With our success over the past 10 years in marketing prime located property in sought after leisure, we anticipate high interest from South African investors in specially selected properties in Spain.”
Spain’s long beaches and hidden coves, famous throughout Europe; its Mediterranean climate, diverse landscapes, unique café culture and excellent infrastructure only scratch the surface of all that Spain has to offer.