Giorgio, I'm a digital nomad and have watched many of your videos. If you'd like to entertain the thought of where a digital nomad should go for a lifestyle purpose that also has *some* investment potential, which cities/villages would you consider in Europe (where a European can easily get a mortgage)? I've so far been to: Lisbon, Berlin, Valencia. I'm currently at Koh Phangan in Thailand. Sofia and Varna are definitely on the list. Come to think of it, your RU-vid channel is heavily influencing my itinerary 😂 Thanks for the beautiful influence, Valencia was really amazing!
Giorgio - I found your channel this evening and very much enjoyed your perspective. We are seeking to relocate to Southern Spain and wonder if you can point me in the right direction. We wish to purchase acreage for a fruit tree orchard, a nut orchard, a garden and 3 bedroom home. We are thinking that 5 acres of fertile land might be ideal, but I am not sure as I have only been vegetable gardening on 1/4 acre during the past 7 years. We would seriously consider an off-grid location, but would like to be within 20 minutes of a town that has a hospital, a hardware store, a grocery store and a nursery. It would be nice if the location were not more than 40-60 minutes from the sea. We understand that southern Spain only enjoys about 20 inches of precipitation annually and assume that every finca well in Southern Spain must be receding with the hot climate. Based upon our research, thus far, it appears as though the area, inland, between Valencia and Alicante sounds ideal. The land appears very affordable for us, but the home construction costs may not be as competitive as we imagined. Would it be possible to WhatsApp with you or could you provide any tips regarding where we might be a good fit geographically. I have your number from your replies in the Comments Section below. Alternatively, could you recommend any real estate brokerage contacts? Thank you for your kind consideration Giorgio.
According to a recent Idealista article foreign investment has been dropping in Spain particularly in Andalucia yet real estate prices there have not dropped.
I think sometimes we wrongly do not take inflation into account. There are many parts of Spain and indeed the rest of Europe where in effect prices have fallen when you take inflation into account.
📌Apart from the USA where real estate law has been the strongest in the world for more than 200 years, yes there is real property law in Spain, France, Italy, Portugal, Belgium even if every 100 years on average for more than 800 years, people who do not have the right "religion" are being robbed. But let's know about 220 countries, there are less than 20 countries in 2023 that have real property rights for "foreigners". In China, Russia , Morocco, Algeria, Tunisia, Thailand, Singapore ... etc ... you are never "really" owner. 📌See even in Canada, after 1970, in Quebec, Anglophones were taxed on properties at the rate of 1.5% of the value while "French-speaking Quebec Christians(Québécois)" paid 1%. The method of evicting in peace with a simple increase in the property tax has been effective..
