What is one of the most important export goods of Spain? It is wine, of course. The country is full of vineyards and it is producing millions of hectoliters of this drink each year. Purchasing property in one of such areas will allow you not only to live a happy life in the sunny country but also to invest in wine production. You can look for a construction company in Spain using Spain-Real.Estate website and with their help find a perfect project in a great neighborhood.
Why Investing in Spanish Vineyards
Spanish wineries and vineyards are privately owned. They are available to foreign citizens for purchase, and besides, they are promising investment objects. Recently, Spain has been actively attracting foreign capital, encouraging real estate trading and facilitating business start-ups, because this helps to create new jobs. An example of the loyal attitude of the Spanish government is the decision to grant a residence to everyone who invests more than 500 thousand euros in Spanish real estate.
The offer is beneficial to those who are planning to relocate to Spain, because it makes it possible to open their own business and arrange children in Spanish educational institution. It is noteworthy that the residence is issued to all family members of the buyer of real estate.
Spain ranks first in the world in terms of vineyard area. This means that an investor in Spain has the largest choice. There are about 5,000 wineries on Spanish territory. About a couple of hundred of them are now on sale, some even with huge discounts reaching 50%. On the territory of some sites there are buildings with a long history, mineral springs and luxury hotels. It is important to note that the difference in prices for one hectare of vineyard between Spain and France, Italy is about 50%. And the taste of Spanish wines is often more intense.
Wine Regions in Spain
The first place among the wines exported outside Spain belongs to Rioja. This is the name of the drink produced in the region of the same name – the Rioja – one of the oldest in the world.
Spain’s wine regions are not limited to Rioja. The list goes as follows:
- the Balearic,
- the Canary Islands.
Not only these territories are spectacular, but also are highly profitable. Whether you prefer to invest in a busy Catalonia or would opt for the Canary Islands, the cost of real estate will only multiply with the years. If at some point you decide to resell your mansion, you will be pleasantly surprised with the outcome of the deal.
Typical Property in a Spanish Wine Region
The cost of vineyards depends on many factors – it can vary depending on the class of the mansion or the popularity of the winery with which it is sold, from the region, grape variety, plantation area. You can buy an estate with a vineyard and a restaurant. The estate typically consists of the main building with utility rooms and a luxurious land plot half of which is usually occupied by a vineyard.
In Spain you can buy:
- a winery with its own vineyards;
- only vineyards, no equipment for winemaking.
Invest in Real Estate in Spain
Whichever region you would prefer, the specialists from Spain-Real.Estate will help you choose the best region and community with the highest rental yields. Investments in a real estate close to Spanish vineyards are a great option for those who look for property and a pleasant neighborhood as well. The local authorities offer a friendly property and business investment policy towards foreign investors.