Real Estate in Santander, Spain
Last updated on Aug 17, 2024
Summary: Expats and retirees talk about real estate in Santander, Spain? How do you find a home in Santander? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Santander?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Santander, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a single room in a shared apartment to a full house or luxury apartment. Next, you should research the different neighborhoods in Santander to find one that suits your lifestyle and preferences. Some popular areas include El Sardinero, known for its beaches and nightlife, and the city center, which is close to many shops and restaurants. Once you have an idea of where you'd like to live, you can start searching for available properties. There are several online platforms that list rentals in Santander, such as Idealista, Fotocasa, and Pisos.com. These websites allow you to filter results based on location, price, size, and other features. In addition to online searches, you might also consider hiring a real estate agent. They can help you navigate the local market, arrange viewings, and negotiate contracts. When you find a property you're interested in, it's important to visit it in person before making a decision. This will give you a chance to check the condition of the property, ask questions, and get a feel for the neighborhood. Finally, once you've chosen a place, you'll need to sign a lease and pay a deposit. Make sure to read the contract carefully and understand all the terms before signing. It's also a good idea to ask about any additional costs, such as utility bills or community fees. Remember, finding a place to live can take time, so it's best to start your search well in advance of your move," remarked one foreigner who made the move to Santander.
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What is a typical expat home or apartment like in Santander?
"A typical expat home or apartment in Santander, is often located in the city center or near the beach, offering stunning views of the sea or the cityscape. These homes usually have a modern design, but some also feature traditional Spanish architecture. They are often fully furnished, with a living room, a fully equipped kitchen, one to three bedrooms, and one or two bathrooms. Some apartments may also have a balcony or a small terrace. The buildings usually have amenities like a communal swimming pool, a garden, or a gym. Despite being in the city, these homes are typically located in quiet neighborhoods, providing a peaceful living environment. They are also conveniently located near shops, restaurants, and public transportation, making it easy for expats to navigate the city," said one expat in Santander.
What is the average cost of housing in Santander?
If you are thinking about moving to Santander, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Santander can vary greatly depending on the location and size of the property. As of recent data, for a city center apartment, you might expect to pay around €1,500 to €2,000 per square meter. For an apartment outside of the city center, the cost might drop to around €1,000 to €1,500 per square meter. However, these prices can fluctuate based on the current real estate market," remarked one member in Santander.
Should I buy or rent a home in Santander?
If you have not spent a lot of time in Santander, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Santander, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Santander for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial stability in the future. On the other hand, renting might be a better option if you're not planning to stay in Santander for a long period. Renting offers more flexibility, as you can move more easily if your circumstances change. It also means you won't have to worry about property maintenance and other responsibilities that come with homeownership. If you're uncertain about your future plans or financial stability, renting might be the safer choice. It's also worth considering the current housing market in Santander. If property prices are high, it might be more cost-effective to rent until prices become more affordable. In conclusion, both buying and renting have their own advantages and disadvantages. It's important to carefully consider your own situation and needs before making a decision. Consulting with a financial advisor or real estate professional could also be beneficial," said one expat who made the move to Santander.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.