How To Find Your Dream Home in Spain (+ How Much We Paid 💵)

Рет қаралды 159,435

Күн бұрын

Buying a home in Spain can be overwhelming. What's the process? What should you look out for? What are the traps? Can non-residents buy a house? How much did we pay for our apartment in Madrid? We're answering all your questions from our new kitchen. Venga, let’s go! 🥝
🔥Watch part 2 where we cover the purchase process: • How To Buy A House In ...
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Hola, Spain lovers! We're James and Yoly. James is a New Zealander, and Yoly is from Spain. We both live in Madrid. Our channel gives you a local insight into life in Spain and helps you experience this country like a local when you come to live (or visit!).
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00:00 Intro
02:16 Can Non-Residents Buy a House in Spain?
02:41 How Much Money Do You Need?
04:33 When Is the Best Time To Buy?
05:14 Where Should You Buy?
07:04 What Kind of Property Should You Buy?
09:18 What Features Are Important To You?
13:35 Where To Look For A Property?
17:02 What To Look For When Visiting A Property
19:34 How Much Did We Pay?
MORE INFO ABOUT THE VIDEO 😃
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The topics we cover in this video are:
1. Can Non-Residents Buy a House in Spain?
Yes they can. But there are a couple of extra steps. And the mortgage deposit will be a little higher than a resident.
2. How Much Money Do You Need?
Generally for residents you need about 20% in cash for the deposit, plus 10% for taxes and fees. For non-residents the deposit amounts can be up to 50%
3. When Is the Best Time To Buy?
It looks like property prices are going to fall due to COVID about 6-9%. And they may not recover until about 2024.
4. Where Should You Buy?
This is a personal decision - village or city. But we'll cover our experience of how we chose where to buy in Madrid.
5. What Kind of Property Should You Buy?
Should you buy a chalet, piso, apartamento, ático? We'll cover what all the terms mean here.
6. What Features Are Important To You?
Terrace, what floor, how many bedrooms, interior vs. exterior? We'll discuss what features you might want in your home.
7. Where To Look For A Property?
Should you look online (and where online) or go via estate agents?
8. What To Look For When Visiting A Property
All those things you need to check to make sure you don't wind up with a dud.
9. How Much Did We Pay?
We'll let you know how exactly much we paid -- to help give you context for your search.
*This description contains affiliate links which means we may earn a commission if you use them 🙏🏻

Пікірлер: 480

@essanniadahi8236 3 жыл бұрын

I’m buying no house in Madrid but I’m watching this because I watch all your videos 😆

@spainrevealed 3 жыл бұрын

Thank you for watching!

@CHill-cj2pq 3 жыл бұрын

Same! I’ll never live in Spain but I’m watching anyway because who doesn’t love Yoly and James! 🙂

@MyFavourites1 3 жыл бұрын

😁👍🏾

@BibTheBoulderTheOriginalOne 3 жыл бұрын

You guys are really informative, and as I am hoping to move to Spain in a few years this has certainly fired my optimism. Thank you.

@spainrevealed 3 жыл бұрын

Thank you - I'm glad!!

@angelabaron3249 3 жыл бұрын

Love tuning into your vlogs and I was super excited as this is our hot topic at the moment 👏👏👏 waiting anxiously for part 2 ❤️🇪🇸❤️ x

@TheEkblog 3 жыл бұрын

Thank you James. Great video!

@balazsjozsa4301 3 жыл бұрын

Great video, keep up the good work! Looking forward the second episode!

@amylambton8516 3 жыл бұрын

So informative thanks guys! And also ¡felicidades! on your new home it looks beautiful! 😊

@laurennyambura9174 3 жыл бұрын

Felicidades Amigos! Best wishes for great memories in your new home!

@cassiesulbaran4504 3 жыл бұрын

Very helpful for our (hopeful) move in the next few years, thank you for your content as always!

@sunnyta619 3 жыл бұрын

You guys are so adorable!!!! Love all your information!

@pdb93 3 жыл бұрын

Thank you!! Very useful video! Curious for part 2!!!

@trinityvintage9865 3 жыл бұрын

Hey GREAT video! You two are the BEST.

@labitcoineragt3596 8 ай бұрын

Excellent info guys thank you!!!

@therealpleo Жыл бұрын

Lol always fun to go back to 2020 and watch/listen about housing prices falling due to covid! Our banks were saying 30% decrease but prices increased 100-300%

@johnmcallister623 3 жыл бұрын

Congratulations to you both .May you have many years of happiness in your new home.

@vanessapakohn 3 жыл бұрын

You guys are awesome! Love watching your videos!

@gereshomeE 2 жыл бұрын

This is SO useful! Thank you! ☺

@jlgesteira9288 3 жыл бұрын

Un video muy interesante. Felicidades por la compra del piso!

@verab5852 3 жыл бұрын

Thank you for being informative and sharing your experience. I find it super valuable! Hopefully in the future i could practically use the guide which you have prepared. Thank you very much!

@aliali22b 3 жыл бұрын

Thank you for your video! It is exactly what I was looking for 🤠

@acidofil 3 жыл бұрын

Hello from Prague, love your videos, this one was very helpfull :)

@NewPhone-jg4cl 3 жыл бұрын

Pueblo Nuevo was where I stayed for a night when I first went to Spain!!! Love that neighborhood. Thoroughly enjoyed this video. Thanks for posting!

@dermaamore1186 3 жыл бұрын

I love your chemistry guys!!! You're awesome and thank you for information 👍

@dialiaga 3 жыл бұрын

I"ve decided I want to move to Spain and I"m so glad I found your channel! This is all so helpful!

@walkingthrulife2296 3 жыл бұрын

That was brilliant.....thank you! While we are largely looking to rent in Spain this video certainly provided a wealth of information 👍

@ToyAndGoy 2 жыл бұрын

Fantastic video! Thank you for doing this.

@GLENNHERMANPARKER 3 жыл бұрын

Excellent video! Great insight into home buying. Thank you!

@spainrevealed 3 жыл бұрын

Thanks Glenn!

@qualitygoldfish2198 3 жыл бұрын

Great info ,nice job the two of you.

@johnnymathis4044 3 жыл бұрын

Outstanding video, just what I wondered about

@livinglife_after50 3 жыл бұрын

What a wonderful video!!! I am in the processing of starting this adventure in my life. Wish me luck!!! Looking forward to more videos

@MALDAVIN 3 жыл бұрын

Thank you guys, great video, so much information, and great advice.

@JR-sr3es 3 жыл бұрын

Love your videos!❤️ thanks for the info !

@edwinlove2908 3 жыл бұрын

Thanks guys I’ve watched a lot of these videos and this is the best hands down. Very informative and easy to understand, really appreciate it. Look forward to part 2.

@spainrevealed 3 жыл бұрын

I'm pleased it's been helpful :)

@kevinrichards1253 3 жыл бұрын

Great information in this video, keep them coming

@rares1966 3 жыл бұрын

My parents have recently bought a house in the Valencia region (not the city but the region) and its brilliant. You just get so much more for your money if you know what to look for and especially if you are willing to maybe find a property that needs a bit of doing up. Writing this comment from my parents' new place, I really can see myself live in Spain and everything here attracts me. It is the only other place I've felt at home than my home country. This video will for sure help me out in the coming years once I gather the money to by my own place in the area. Congratulations on your new property and hope to see many new and awesome videos (I'm guessing a lot more cooking videos too 😁)!

@spainrevealed 3 жыл бұрын

Glad it was helpful. And yes, more cooking videos coming :)

@Frank-wo3qm Жыл бұрын

Thanks James and Yoli! very informative. Looking to buy a place in Malaga, Marbella or Almeria, so excited! Just found your channel recently and have been going through your videos, love them!

@Nordkapp65 3 жыл бұрын

Coolio, so happy for you both, very informative video, you have done your research well, looks great

@NicoChapman 3 жыл бұрын

Great video guys - such a great topic to get into! Looking forward to watching video number two now :)

@spainrevealed 3 жыл бұрын

Glad you liked it!

@sarahypardo840 3 жыл бұрын

Hi James. I can't thank you enough for that 18 pages PDF guide. It is super detailed and easy to follow. I bet you put a lot of time and effort on it, so thanks again. We are planning to buy in Spain by 2022, but need to start researching early. You guys are great! 🥰

@omgaction8883 3 жыл бұрын

Thank you both so much for your informative and honest sharing experience, it's very helpful and you really changed my plan from buying house in my home country to really considering buying a second home in Spain instead, what a great dream I wish to come true starting from your part 1 video, am looking forward to watch 2nd part to finalise my future plan 😀 You are a great couple as always, wish you both all the best in your new house 👏👌😃

@minicooper2572 7 ай бұрын

Thank you for the extra info 🙏🏼

@farrahsinkey2082 3 жыл бұрын

Hey! We discovered your channel a while back, as I am an American and my boyfriend is Spanish. We love your videos and I particularly find them comforting to know I am not alone in all my foreign-ness. Then we were watching this video and were like "what! That's our neighborhood they are showing photos of! Do they live in PN?" And a few seconds later of course you confirmed it. We were delighted. I hope we run into each other sometime around the neighborhood. We would love to have a caña sometime.

@estherpaez6426 3 жыл бұрын

😍😍😍 big congratulations guys! Wishing you lots of happiness in your new home 🏡❤️

@spainrevealed 3 жыл бұрын

Thanks Esther :)

@charlottetummillo9198 3 жыл бұрын

Great video. We are currently living in Spain and have spoken about buying. Its so good to see "real" people, giving "real advice" and honestly. Can't wait to see more.

@MsMissBarry 3 жыл бұрын

This video helped a lot I am currently looking into buying an apartment in Madrid. Thank you love you guys energy 💕

@mattoneill1272 29 күн бұрын

you guys are the best. sending thanks from australia

@charlimarieTV 2 жыл бұрын

So helpful!

@88KeysIdaho 3 жыл бұрын

Comunidad = the equivalent of "HOA Dues" (in the US) for common areas, such as maintenance on the landscaping, shared amenities (pools, tennis courts, etc)

@sasikumar0711 3 жыл бұрын

hola mira esto importante shrinkme.io/H5rzkMV

@amartins02 3 жыл бұрын

Yep. HOA = Home Owners Association.

@Tavinho502 3 жыл бұрын

@@sasikumar0711 Vete a la mierda

@mailfergal 3 жыл бұрын

Thanks guys - good info for renting as well. Looking forward to moving from London to Palma in April '21!

@erijeh 3 жыл бұрын

Great video! Many thanks

@Emy53 2 жыл бұрын

I love where you chose to live. It's very lively and I love people and hearing laughter and talking. I love the feeling that people are in touch with enjoying life without being disrespectful for the peace and comforts of others.

@ruup2it96 3 жыл бұрын

Thank you so much for the amazing and resourceful videos you make

@jessicaruby1ify 3 жыл бұрын

Wonderful and informative video. Thank you 😊

@MrLatinDrums 3 жыл бұрын

Thanks for the video. Cheers mate.

@catherinemori4539 3 жыл бұрын

Wow! I’ve never heard you speak so quickly, James! :) Yoly spoke beautifully, as usual. :) Fascinating video. Madrid prices are much, much lower than Vancouver area’s....of course! We have some of the highest priced real estate in the world and in Canada. From what I’ve seen of your ap’t, it’s beautiful and spacious. Can’t wait to see the next video. Good luck on all your endeavours.

@ManiPerez 3 жыл бұрын

And for me, who live in the north of Spain, the prices in Madrid seem high. xD. A house like that in a city without a beach in the north costs about € 70,000.

@andyhopkins4901 3 жыл бұрын

Excellent information hopefully in the next 5 years we will be purchasing a home in Spain thank you!

@stefanhansen5882 3 жыл бұрын

Thank you so much for this! I am moving to Spain this year, and want to buy a place. This was super helpful! :)

@leticiahernandez-torres8546 3 жыл бұрын

I love your videos and I am so excited about this particular video as I would like to move to Spain in about 5 years! I’m not a resident but hope to gain residency eventually! I’ve been saving $$ though! Keep up the good work!

@JoseOchoa-dw9vk 3 жыл бұрын

Awesome video Thank you 🙏

@penny1871 3 жыл бұрын

Good info guys 👍

@mannyme2986 3 жыл бұрын

Hola, best video on the subject by far!!! Thanks a lot lot for sharing a lot of personal information like how much you paid for your place. I am considering buying a property in Spain and you video was helpful beyond words. Gracias

@Malecare 3 жыл бұрын

Gracias. Very helpful

@WFTA 3 жыл бұрын

Well done James!

@irinamurmur 7 ай бұрын

I like your videos. It's interesting to watch them due to you obviously have a plot and know what to say without any "water" and you both are examples for other youtubers ❤

@mistreated 3 жыл бұрын

Thanks for another great video. My wife has been looking at houses in Spain for years. We hope that one day it will happen. Good info here. Cant wait till next weeks vid.

@spainrevealed 3 жыл бұрын

Glad you like it!

@markgwinnell7259 3 жыл бұрын

Hi guys. Just the video I was after. Thanks x

@TheAnactoria 3 жыл бұрын

THIS IS AWESOME!!! I'm super excited about this series of videos. It's my dream to live in Spain. I want to run an albergue there for pilgrims somewhere along the Camino Frances. :) Thanks for doing these!

@spainrevealed 3 жыл бұрын

That sounds awesome Susan!

@bkm2797 3 жыл бұрын

James and Yoli, what a great idea helping those who are considering a move to Spain. My sister is in real estate in Florida, and I'm sending her a copy. Enjoyed learning about what it takes to purchase a home in such a beautiful country, and looking forward to part 2.

@bkm2797 3 жыл бұрын

@@brysonsutton2069 why are you placing this information under my comment? Why would you hack into your girlfriends instaPortal, don't think that is very nice of you.

@SmallWonda 3 жыл бұрын

Very helpful & honest - good advice, I think, whether you'd be buying in Spain, US or Tasmania... You've been in a while, hope it really feels like home. Happy New Year! 🥂🦘🐾👍😎

@impartial.observer 3 жыл бұрын

Thank you so much for posting this!! We will be buying a property in Spain in the (near?) future and have so many questions - especially when you read about all the shenanigans that can go on. This is super helpful!

@spainrevealed 3 жыл бұрын

I'm glad it helped! Also, thank you for sharing the video in the American's FB group. Yoly mentioned it to me :)

@sammiesmith6690 3 жыл бұрын

Very good and informative video on buying a house in Spain.

@milenisl6439 3 жыл бұрын

Love your videos!!! Me encantan los dos!!!

@powertrip1050 3 жыл бұрын

James, Yoly, this is great...like your food videos.!! Fellow antipodean here (from oz), living in germany. Looking forward to a spanish property in coming years. Wish you all the best in getting through this bloody 2020!! :)

@perrinerik2793 3 жыл бұрын

Another great video ! Thanks ...

@lizcoleman5229 3 жыл бұрын

You guys are great! I used to live in Madrid and planning to move back to Spain in a couple of years and buying a house in Costa blanca.

@daniellesallee3906 3 жыл бұрын

Great video👍Very interesting, informative and helpful! Thanks a lot.😀☀️

@spainrevealed 3 жыл бұрын

Cheers Danielle - glad you enjoyed it :)

@lmb0123 3 жыл бұрын

Considering living in Spain in 6 yrs! Thank youfor the info :)

@charmaineschuler4765 3 жыл бұрын

Thank you very much you guys are great I’m looking forward to watching the next video

@libbyjoyful1 3 жыл бұрын

Great video and congratulations on your new home. I would also add when looking for a piso in Madrid that buyers would want to keep in mind about wanting or not wanting central heating, north/south or east/west facing pisos, noise levels on busy streets with cafes/bars vs. side streets that are more residential, that it's not so common to find buyer's agents only representing you (you guys did which is great) but often when a buyer calls a listing, the agent doesn't explicitly state that they are representing the seller, so buyer beware and be careful of who the agent is representing and to understand this. If you want an elevator in the building as well. You can ask about the HOA budget to see if the building finances are in good order so you won't be hit with additional HOA (homeowner association) bills for a new building roof etc down the line. That there is enough savings in the HOA find for upcoming building expenses and that the building is up to date on codes etc.

@37Raffaella 3 жыл бұрын

Congratulations Yoli y James.....Tenerife....❤️

@Nicla-casas 3 жыл бұрын

Good info for new buyers although it can be different in other parts of Spain. Good luck in your new home!

@taritamily 3 жыл бұрын

Very nice couple, and vey good advices. Gracias!!

@emlyngriffith5846 3 жыл бұрын

We bought our “casa rural” here up a mountain in Murcia nearly 18 years ago.....never regretted it❗️👍🍷

@evanalejandrorodriguez2654 3 жыл бұрын

Emlynn hi I’m interested in moving to Spain I’m 24 born in Miami Florida USA Europe has always fascinated me and Europeans have always been the most kindest beautiful people. The love in European countries is indescribable, what can you tell me how Spain is like?

@fullyautomaticall 3 жыл бұрын

@@evanalejandrorodriguez2654 Im from Spain and I can tell you there is no city in Spain that compares to miami, i spend my summers in FL! I have a place in Alicante spain and St pete Fl. also people are much nicer in Miami than Spain. that being said if you want to retire Spain might be a little better because life is a lot cheaper! but Europeans are like new yorkers or worse. I recommend spending a while in spain to test the waters befor you go full in! all the best

@evanalejandrorodriguez2654 3 жыл бұрын

@Seijo you are one of the few that told me people in Spain and Europeans are not friendly than in the USA. Thank you for sharing your experience with me but I do disagree with you, my experience is yes Europeans and Spaniards are much friendlier. Thankyou for your honesty and sharing with me.

@evanalejandrorodriguez2654 3 жыл бұрын

@maria Hi Maria, yes I’ve heard Norway and the Scandinavian countries are very friendly. I was thinking about living in Norway for some time as the culture mends well with my personality but, it seems spain is where I have been focused on moving to. Your very pretty by the way! Do you live spain still?

@calmerthanyou6180 3 жыл бұрын

I am moving to Murcia(Santiago DeLa Ribera) in March. We already own two homes there but would like to buy something in a more rural area. Which mountain are did you buy your home? I would love to check the area out before buying.. Thank you.

@deborahkay7819 3 жыл бұрын

Very enjoyable! You have a lovely place !

@thomasdoughty9639 3 жыл бұрын

Thanks for this VERY helpful video and telling us how much you paid. I confess, for that terraced apt. in Madrid, I was expecting it to be higher. Great stuff!

@cindiekennedy1092 3 жыл бұрын

Thank you so much for this video, I can't wait to see more. We are planning on moving to Spain as soon as we get a vaccine . Can't wait to start a new adventure.

@feelgoodwithme 3 жыл бұрын

You guys are great!

@giglegab 3 жыл бұрын

Wow, I was wondering what happened to you guys. Congratulations on your new home. Good info about buying a home. Good luck and all the best. ❤️🤓

@spainrevealed 3 жыл бұрын

We took a week off :) More videos coming!

@JacquelineTheGreattt 2 жыл бұрын

Hopefully I can convince my husband and we can move out there in Spain one day. It sounds like a dream. Homes in the states are rising at an exponential rate, and since we also work from home and speak Spanish, living in Spain seems like the quality of life looks much brighter...thank you for this video and your excitement excites me!

@irinazuykina2666 3 жыл бұрын

Guys, thank you soo much for so detailed information!!! I thinknyou ate the best source of information!!!! I am going to relocate to Spain 🇪🇸 😄 and only your information was so comprehensive and detailed!!! Thanks!!!

@ProBioMech 3 жыл бұрын

This was really interesting. We’ve bought an apartment in Barcelona. We couldn’t finalise the purchase during lockdown so we stayed in a smaller apartment but it had a terrace and we loved it. Of course the place we purchased doesn’t have one 🤦‍♂️. We’re thinking of buying a second apartment later that has a terrace and we’ll rent out the current one. Lesson learned but I don’t think we would have noticed if we hadn’t had one for several months!

@ninasalazar3635 3 жыл бұрын

This is great and just what I needed! Thank you Yoly and James :) I'm hoping to buy a house in the Cantabrian countryside once this COVID craziness is over, but the thought of doing it alone and as a foreigner, was so intimidating that it kind of scared me away... but this video was more useful than you will know! :) Can't wait to see the next video. Serious question, once I'm in Spain, where does one procure a tiger, does it come free with the hot tub? :)

@lilang7406 3 жыл бұрын

Wow! so informative. I have been curious about buying a place in Spain but trying to figure how to get started is so daunting. The tips, links and explanations are so helpful. I’m really interested to see what kind of renovations were done for $25k. Muchas gracias!

@reidelnord 3 жыл бұрын

Good luck with your new home! Can’t come home To Spain this year....😪

@MrFerdy1966 2 жыл бұрын

great stuff!

@DeadTalkLive 3 жыл бұрын

Very interesting video 👍👍! As a current KZfaqr, I am always looking for fresh ideas! Excellent Job!

@andreamaronn4510 3 жыл бұрын

Never fear, the housing market will recover. It may take a while, but Spain is a "Destination" for a reason. Investors will drive up the market waiting for the inevitable return to tourism (which will, of course, create it's own issues...). I know I can't wait to get back to Spain! Congratulations on the purchase of your home! I hope it gives you wonderful moments and memories. 🥂 ♥️

@spainrevealed 3 жыл бұрын

thank you Andrea :)

@h.sinclair 3 жыл бұрын

queridos Yoly y James - this may be your best video EVER!!!! Especially for those of us who are fantasizing/researching possibly retiring in Spain. besos!

@spainrevealed 3 жыл бұрын

So glad it was helpful. Enjoy next week as well!

@discoverlondon9881 3 жыл бұрын

Muchas gracias guys next year buying my first property in Valencia.

@janetlombardi2314 3 жыл бұрын

Also forgot to say congratulations on your new home. Not a bad price considering your in Madrid you would pay a hell of a lot more than that in some other capital city's take London for instance shocking prices! All the best for you both

@davesaunders7080 3 жыл бұрын

So happy for you and Yoli showing in part your new home. Look forward to the next cooking video too. In Canada usually the selling owner pays commissions to your agent as a seller. Now if another real estate agent provides the lead to the buyer of your home then the selling agent will split the commission and give half of the selling commission to the buying agent. About 5% to start with for selling agent but can be negotiated down sometimes.

@spainrevealed 3 жыл бұрын

Interesting!