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Is Buying Property in Spain a Good Idea?

Published on  

October 8, 2024

For many, the dream of owning a property in Spain is an exciting prospect with its vibrant culture, breathtaking landscapes, sprawling coastlines and dynamic cities making it well-suited to those seeking a second home. But is buying a holiday home in Spain a good idea? In this August guide, we unpack the many aspects of second home ownership in this Mediterranean mecca, and introduce you to our unique approach, which might make your dream of owning a slice of Spanish real estate even more attainable…

Why Buy a Second Home in Spain?

A melting pot of vibrant culture and breathtaking landscapes, whether you seek the flair of cities like Barcelona or rustic appeal of Mallorca, here are some key pointers to consider when looking to buy real estate in Spain.

1. Location, location, location

Spain offers a wide range of enviable destinations, each with its unique character, whether you prefer the enigmatic energy of Barcelona, or the tranquil beaches of the Balearics. Buying a holiday home in Spain means you have year-round access to a retreat in a location that perfectly aligns with your lifestyle and travel preferences.

2. Warmer climes

Spain is renowned for its balmy climate, especially during the high season which runs from May well into autumn. With over 300 days of sunshine per year, it's an ideal location for those looking to escape colder climates - whether seeking a regular weekend escape or spot for longer vacations with family and friends in tow.  

3. Cultural kaleidoscope

Spain boasts a rich cultural scene, with a plethora of festivals, world-class cuisine, and historical landmarks waiting to be discovered. Buying a property in Spain means immersing yourself in a locale that values family, food, arts and tradition. These values run throughout the country - whether you decide to purchase a townhouse in a rural village or apartment in the heart of the city. 

Town square in Soller Mallorca with Colourful canopy

4. Smart investing

The Spanish property market has shown resilience and growth since the Covid-19 pandemic, making it an attractive option for those seeking investment with the prospect of capital appreciation - another benefit to owning a property in Spain. 

The Unique August Approach

While buying a property in Spain is a dream for many, the costs and responsibilities can be daunting. This is where August can help, with its unique co-ownership model that makes owning a holiday home in Europe all the more accessible. Here’s exactly how…

1. Five homes for the price of one

With the August fractional ownership model, you can own a share of a holiday home in Spain, and up to four other destinations, for the cost of one. This approach sees August create Collections of homes in Europe’s most enviable destinations (including Barcelona and Mallorca) and curate groups of like minded individuals to become co-owners of those properties, giving them all the benefits of five second homes, without the hassle of finding, renovating or maintaining them.

2. Source, renovate, maintain 

Significant challenges when considering purchasing real estate abroad include finding it, renovating it and managing any maintenance and upkeep of the home. August handles all of these aspects - from purchase paperwork, to design, renovation and property management - ensuring both your journey to second homeownership and your holidays are hassle-free. 

3. Year-round access

Co-ownership with August means access to a bespoke booking platform with owners able to schedule their stays throughout the year, ensuring they get the most out of their investment - an average of 12 weeks a year. 

4. A sense of community

Becoming a second home owner with August means becoming part of a curated community of like-minded individuals with a shared love of travel. This growing, global network can enhance the holiday experience, with co-owners often sharing travel tips and their knowledge of the area

So, is buying a property in Spain a good idea? At August, we think so. Not only does it offer a warm destination to escape to all year round, but a solid investment that can be of benefit for generations to come. 

With the innovative August co-ownership model, the dream  becomes all the more achievable, offering a cost-effective, flexible, and stress-free pathway to owning real estate in Spain and across Europe. Explore the unique benefits of co-ownership with August by requesting a brochure, and start your journey to owning a property in Spain today.

ENTER THE AUGUST WORLD

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Get to know August, our destinations, homes and homeowners by requesting a brochure

Book an individual consult and get expert, bespoke advice in your language, at a time that suits you

Join a guided presentation with other prospective owners, participate in a live chat and hear directly from an August Homeowner

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join us at our next WEBINAR:

Wednesday, 20th November
7:00 PM (WET/GMT)
8:00 PM (CET)
2:00 PM (EST)
11:00 AM (PST)
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Discover August, the concept and how you can become a Homeowner.



Learn about our Collections and experience some of the homes

Understand the process to join

And all of your questions answered

RSVP to save a spot. The details to join the virtual event will be sent to you shortly.

what to expect
1.

Introduction to the August
concept

Discover more about August, our unique co-ownership model and how you can become a Homeowner

2.

Homes & Collection

Learn about our unique types of Collections, our homes and which Collection suits you

3.

From a house to a home

Hear from Homeowners, who will be sharing their experience and help to answer your questions

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Thank you for registering for a webinar in selected region.

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AUGUST RECOMMENDS

Discover even more inspirational content from our iconic destinations

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join us at our next WEBINAR:

Wednesday, 20th November
7:00 PM (WET/GMT)
8:00 PM (CET)
2:00 PM (EST)
11:00 AM (PST)
01
rsvp to save a spot!
By registering you agree to the terms and privacy policy.

Discover August, the concept and how you can become a Homeowner.



Learn about our Collections and experience some of the homes

Understand the process to join

And all of your questions answered

RSVP to save a spot. The details to join the virtual event will be sent to you shortly.

what to expect
1.

Introduction to the August
concept

Discover more about August, our unique co-ownership model and how you can become a Homeowner

2.

Homes & Collection

Learn about our unique types of Collections, our homes and which Collection suits you

3.

From a house to a home

Hear from Homeowners, who will be sharing their experience and help to answer your questions

close

thank you!

Thank you for registering for a webinar in selected region.

02
thank you
Your spot is saved!



We’ll send you further information via the email you provided.
Oops! Something went wrong while submitting the form.
close
Back

contact us

Have questions or need assistance? Fill out the form below and we’ll get back to you promptly.

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tell us about you
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Thanks!

Begin your journey to second homeownership by arranging an introductory call with a member of our expert team.

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Last question!

Would you like to book a call with out expert advisors?



This is a 30 minute discovery call with one of our expert advisors to determine if August would be a good fit for your needs. You can select a date and time that work best for you in your time zone.
Oops! Something went wrong while submitting the form.
close
Back

contact us

Have questions or need assistance? Fill out the form below and we’ll get back to you promptly.

01
tell us about you
close

Thanks!

Begin your journey to second homeownership by arranging an introductory call with a member of our expert team.

02
thank you
This
Last question!

Would you like to book a call with out expert advisors?



This is a 30 minute discovery call with one of our expert advisors to determine if August would be a good fit for your needs. You can select a date and time that work best for you in your time zone.
Oops! Something went wrong while submitting the form.