People looking to buy or sell property in Spain are often unaware of the wide variety of types of
properties available. From small starter
apartamentos to large masias, there is a property
in Spain that is perfectly suited to you.
If you currently own real estate
in Spain, now is the best time in years to move from a smaller property to
a larger one, as the spread between high-end and starter properties is much
smaller than the historical average. You
can sell your current, smaller property and purchase a much larger or more
modern property for a very reasonable sum.
Smaller units may be known as apartamentos, casitas, casa
de pueblos or pisos. Casitas tend to be
older, smaller dwellings and may lack some of the more modern conveniences such
as telephone, central heating or air conditioning. However, prices can be quite low on some of
these, and buyers may purchase with a desire to urbanise the property for
profit. A casa de pueblo is very
similar, but is in a townhouse style. It
often lacks parking space and can also lack some of the modern conveniences,
but may offer a good location. Again, urbanization is often needed and a buyer
should perform a thorough inspection prior to agreeing to purchase. An apartamento refers specifically to a
beachfront flat, and a piso is very similar, but located in or near a
town. Apartamentos often sell for a
higher price because of location, but some good deals may be found if one takes
time to search.
A duplex refers to a two-storey flat, usually located
on the top two floors of a multi-storey building. Many times the building itself will have a
lovely terrace on the roof, so look for duplexes at the top of the building. An
adosado is similar in that it is a multi-storey property, but these are more
modern and are typically located in the suburbs or just outside of a town. They often have very limited outside space,
though, so people who envision entertaining outside may do well to look for
other types of property in Spain.
Larger types of properties include the finca, villa
and masia. A finca refers to a farmhouse. Many of these are older properties, much in
need of modernisation. However, they
often include quite a bit of land and some people feel the investment in the
farmhouse, and some of them are quite lovely, justifies the purchase. Especially for those who plan to live
full-time in the property, this can be a rewarding, if challenging, undertaking. A villa refers to a large property, usually
much more modern than a finca, and without the farm-style atmosphere. These are quite desirable if fully
modernised. Lastly, a masia refers to a
large, well-tended country home. Often
with extensive land and outbuildings, these are quite impressive but also
require an impressive amount of upkeep and maintenance. However, if you want to make a statement, a
masia is the type of real estate in Spain for you.