By investing in a property worth €500,000 or more, you can apply for a Spain golden visa. This enables you to stay in the country beyond your 90-day limit. But what kind of property can you buy for €500,000? From a new build penthouse to a five-bedroom country home, discover the home for you.
Find homes in Spain via our property portal.
Why is a golden visa such a great investment?
As it stands, even if you own a property in Spain, as a non-EU citizen, you are only able to stay in the country for 90 days out of every 180. If this does not sound like long enough, you might want to think about purchasing a property worth €500,000 or more, as this will enable you to apply for a Spain golden visa. As well as allowing you to enjoy your Spanish home without a 90-day limit, the other benefits of a Spain golden visa include:
- Visa free travel throughout the Schengen Area.
- The right to live, work and study in Spain.
- Your spouse and dependent children can join you.
- Plus, you can extend your residency and eventually pay for residency.
Moreover, the application process is fast. To apply, you have to be over the age of eighteen and without a criminal record. If you are still mastering your Spanish, not to worry, as there is no Spanish language requirement. Additionally, if you can’t commit to spending heaps of time in Spain, that is not an issue either, as there is no minimum stay requirement.
What kind of property can I buy for €500,000?
If this sounds like an exciting prospect to commit to, you might be curious to know what kind of properties you can purchase for €500,000. We have over 10,000 properties for sale for over €500,000 over on our property portal. The options for a €500,000 are really varied: from large villa houses to new builds to city apartments. With my choice of just five, I hope to give you a flavour of what you can buy for €500,000.
1. New build penthouse, €500,000
Click on the image to see more of this gorgeous new build.
Bang on €500,000 is this is an incredible three-bedroom penthouse on the beachfront. Part of a new development, it boasts of high-quality finishes. The property has a BREAM certificate, which guarantees construction quality and reduced environmental impact. Plus, it has a domestic hot water system by aerothermics. It has two terraces, from which you can admire the Mediterranean. In addition, the complex has a community pool, garden areas, a gym, a spa and children’s play areas.
Interested in new build properties? Read up on why they can be a good choice for some buyers.
This home is best suited to: Investors.
2. Beautiful villa with a pool, Los Gallardos, Almería, €545,000
A place for all your loved ones to enjoy.
This stunning four-bedroom villa is south-facing and has its eyes on the Sierra Cabrera mountains. In addition, there is also a grand open-plan dining room and a feature fireplace in the living room. Other features are as follows: water purifier, air conditioning, alarm system and mosquito blinds.
Location wise, the villa is a five-minute drive from two towns, Turre and Los Gallardos. The beaches of Mojacar are just a twenty-minute drive away. Golf courses are also nearby. While Almería airport is thirty-five minutes by car.
Curious about Almería? Known for its desert, its film sets, its warm climate…there’s a lot to love about Almería. Learn more here.
This home is best suited to: families.
3. Traditional vibe, Vélez-Málaga, Málaga, €550,000
With this home, you’ll have the loveliest countryside walks.
This a holiday complex of four holiday houses and one main building, nestled in the picturesque mountains, just outside of the village El Borge. It is by the Mount Cerro de Cutar, known as the “raisin capital” for being one of the biggest producers of the sweet snack. On the Ruta de la Pasa “the raisin route”, you’ll see lots of grapes being dried out in the sunshine. Inside the property, you’ll find beautiful wooden floors and authentic Spanish tiles.
Discover more on buying in Málaga.
This home is best suited to: Airbnb targeted at those looking for an authentic Spanish getaway.
4. City apartment, Barcelona, Barcelona, €515,000
Your new work from home spot?
This is a three-bedroom apartment is in the Sant Antoni neighbourhood, just a few minutes from the market and Enric Granados Street. It has a cosy terrace from which you can take in the gorgeous city views. The terrace even has a mini garden. Plus, the main bedroom benefits from direct access to the terrace.
Plus, this could be an amazing place to work from home – imagine bashing out emails with Barcelona as your backdrop.
Barcelona named ‘the best city on Earth’
This home is best suited to: city living.
5. Bungalow, Las Palma, €589,000
Your new beachfront place.
This is an amazing three-bedroom bungalow just a few metres from the sea. This property benefits from two living rooms. Moreover, the terrace benefits from near 360 views, you can see Lobos and Lanzarote. You also get a barbeque and a terrace. In addition, you can hop from pool to sea as there is a communal pool on the beach.
This home is best suited to: a couple.
