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Should you buy or rent an apartment or property in Spain? A Tecnocasa and Universitat Pompeu Fabra (UPF) found that it is pretty much always a better financial decision to purchase a property rather than to rent in Spain, both short and long term. However, that doesn't necessarily mean that it is the best choice for you. In this video I talk about the findings of the analyses from the study, what some of the limitations and extra considerations that someone should take into account are, when it makes sense to buy, and when it makes sense to rent.
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Mentioned in this video:
🔹 Tecnocasa - UPF study: www.upf.edu/documents/2597200...
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Chapters:
0:00 - Intro
0:33 - Background of the study
2:45 - Findings - long term (25 years)
3:57 - Findings - short term (1 year)
5:04 - My thoughts
5:31 - Limitations of the study
7:20 - Other considerations
8:45 - When it makes sense to buy
10:11 - When it makes sense to rent
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About me:
Welcome to Millennials With Money!
My name is Jonny, I'm a financial analyst from the UK, currently living and working in Spain.
I created this channel to help and inspire young people to improve their financial situation and live life to the full by sharing my own experiences with money and living abroad.
I upload content on a weekly basis about personal finance, how to invest your money, tips to help you save more money, real estate and property, and travel and living overseas.
Everybody is welcome in the Millennials With Money community! Let's get this money!!!
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Music by Epidemic Sounds: share.epidemicsound.com/o6n1px
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#spain
#property
#rentvsbuy
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DISCLAIMER: The opinions and views shared on this channel are for entertainment and educational purposes only and are not to be taken as financial advice. Always conduct your own research prior to making any financial decision. Millennials With Money cannot be held responsible for any financial loss incurred from any decisions you make following this video.
5 авг 2024