The Basque Country is located between France and Spain. Its exceptional geographical situation offers landscapes as varied as wonderful. Green hills, sumptuous mountains, caves and ocean, everything is there to delight nature lovers and open spaces. Added to this are historic towns constituting real treasures reflecting the Basque authenticity.
Ideal for investors seeking intense cultural life
In addition, the Basque territory enjoys a favorable climate throughout the year. Autumn and winter are marked by mild temperatures, while spring, often early, gives way to a moderate summer. On the other hand, building a real estate heritage Basque Country is ideal for investors seeking intense cultural life. The life of the Basques is, in fact, punctuated by many events. The South American Film Festival of Biarritz or the meeting of young directors in Saint-Jean-de-Luz will not fail, among other things, to seduce fans of the seventh art. The followers of theaters and dances will also have their account.
Buy in life
The Basque coast attracts many visitors thanks to its sweetness of life and its unique charm. The majority of buyers first invest in seasonal rentals before buying. For you who plan to get started in real estate Basque Country, know that there are various options to build a heritage. Note that more and more owners in the department of Pyrénées-Atlantiques are looking at the transaction in life. This formula is for the buyer, to pay an annuity to the seller who is, in most cases, an elderly person. A certain sum will be attributed to her until her death.
This type of transaction turns out to be beneficial for the future owner, as he will not have to resort to bank loans and therefore will not be obliged to bear the additional cost of borrowing rates. It should be noted that the purchase in life is made with a low initial report, conversely conventional transactions. In addition, another reason to invest in life annuity is that it is a long-term investment that will give you the opportunity to prepare for your retirement.
Buying off-plan: what are the benefits?
Saint-Jean-de-Luz, Biarritz and San Sebastian are some of the Basque towns where life is good. The real estate market is experiencing a real boom. If you plan to invest in real estate Basque Country , know that many new programs are available, whether on the coast or inland.
The VEFA or sale in a state of future completion is one of the most popular legal frameworks in Basque tourist cities. This formula, also known as a “plan sale”, is to buy land on which a developer sees a construction. If you choose this mode of transaction, know that the commitments of both parties must be materialized by a reservation contract.
In addition, the VEFA has certain undeniable advantages. It is surely the most insightful option to get a good match to his expectations and desires. It offers you, in fact, the opportunity to customize the style of your future home. Add to that a wide choice in finishes.