The first issued Golden Visa has led to a historical turning point for the luxury real estate market in Spain. The Golden Visa grants permission for permanent residency established by the government of foreign real estate investment incentives of the Iberian Peninsula. A Chinese business executive has been the first to benefit from the Golden Visa. According to Pie magazine, the lady in question purchased two properties on Spanish land, one in the capital Madrid, and one in Barcelona along…
There are few people who can afford the luxury properties in Spain, more precisely in Catalonia. Starting with Barcelona, some of the more luxurious spots include Passeig de Gràcia, Sant Gervasi and Pedralbes. The prices in these neighborhoods can be extremely steep. An attic in the heart of the Catalan capital in Passeig de Gràcia, surrounded by the most chic stores, can range from three to five million euro. Pedralbes, on the other hand, offers more space and a higher…