Is It Worth Investing in Seville Real Estate?

Seville, the largest city in the south of Spain, is one of the country’s cultural centers. It is the capital of the autonomous community of Andalusia. The city preserves the richest historical heritage and has many architectural monuments. Therefore, there are many tourists here every year who come to see the sights and take part in incendiary festivals. The Giralda Tower and the Reales Alcazares Fortress are its main historical attractions. The relaxed atmosphere and warm climate make the capital of Andalusia leading in the ranking of the most livable cities in Europe. That is why investors from all over the world are interested in real estate for sale in Seville.

real estate investment

Who invests in Seville real estate?

The local housing market attracts both Spanish and foreign buyers. Russians, Chinese, French, and Germans are the most active overseas customers. In this country, the real estate market has become international. Over the past six months, local developers and agencies have noted a rapid increase in the number of transactions with foreign nationals.

How are things on the housing market in Seville?

As in other Spanish cities, the Seville real estate market continues to recover after the COVID-19 pandemic. The security measures and restrictions that have been introduced around the world have changed the mindset of many people and made them realize the need for more space, natural light, and picturesque views outside the window.

It is these advantages that the Seville real estate market offers, so the cost of local properties is gradually returning to the pre-pandemic level. Now the price of a square meter in the city can vary from $2,000 to $4,000, depending on the location, the view from the window, and other factors.

Tourists moving to Seville prefer to purchase apartments, flats, and villas both for living and work. Some say that they buy real estate here to save money. And after a while they sell their property to generate income.

People who can afford to maintain real estate in Seville, buy apartments or villas here. Some who do not have enough money to purchase a property in this city, first rent an apartment and get a job. Subsequently, some of them buy housing with a mortgage.

The best areas to buy real estate in Seville

Most buyers prefer houses in the central part of Seville. It has all the infrastructure necessary for a comfortable stay, and tourist attractions. The center is full of bars and restaurants with local cuisine.

Also, the most popular areas of Seville include:

  • Triana. Triana is considered the soul of the city. This is a prosperous area near the center. Locals have access to all amenities and entertainment facilities.
  • Nervión. Nervión is much quieter than in the center and Triana, but it offers a well-developed infrastructure, including shopping centers, restaurants, supermarkets, schools, bank branches, etc. It is also one of the greenest areas in Seville.
  • Los Remedios. Like Nervión, Los Remedios is a great choice for people looking for a quiet place to live. It is located away from the busy center and the crowds of tourists.
  • La Alameda de Hercules. La Alameda de Hercules is an area for art lovers and vintage shops. Andalusian houses and creative atmosphere attract artists and musicians from all over the world.

There are ancient and beautiful cities of Córdoba and Granada, not far from Seville. In addition, Portugal is located nearby, and the beaches in this country are only about 100 kilometers from Seville.

How to choose a property in Seville?

You can find real estate from the best developers and agencies in Spain in the catalog of the official website of Spain-Real.Estate – Check with the company’s specialists to get details and make the right choice to have a home in the heart of Seville.

Image by Depositphotos

Related Posts

Leave a Comment