Hi all,
This is my first post and I'd like to take this chance to thank you all for contributing useful information here on this forum.
I am now considering to invest in property in Spain to get residency and toward citizenship. The so-called "Golden Visa" requires that I need to invest at least 500 K Euro to get resident permit. I wonder if I buy 400 K Euro property for rent, (100K will be for my accommodation), how many % ROI can I expect to get from rental (after tax, of course), and which region/city is good for that kind of investment?
Is 3.5% ROI reasonable, or too high/low?
Any thought will be welcome! Thank you!
This is my first post and I'd like to take this chance to thank you all for contributing useful information here on this forum.
I am now considering to invest in property in Spain to get residency and toward citizenship. The so-called "Golden Visa" requires that I need to invest at least 500 K Euro to get resident permit. I wonder if I buy 400 K Euro property for rent, (100K will be for my accommodation), how many % ROI can I expect to get from rental (after tax, of course), and which region/city is good for that kind of investment?
Is 3.5% ROI reasonable, or too high/low?
Any thought will be welcome! Thank you!