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10 reasons to invest in Sotogrande

Sotogrande has been and will always be one of the most important luxury residential developments in Andalusia and throughout Spain. Located in the municipality of San Roque, Cádiz, and in the middle of the Campo de Gibraltar, it offers an infinite number of investment possibilities. Here we want to take the opportunity to explain the 10 reasons that can convince you to become a franchisee of Engel & Völkers. This is without a doubt a business opportunity that doesn't come round every day. 

1. Price Growth 

During the economic crisis, the prices of Sotogrande homes fell, but they are now rising again. In particular, it is estimated that the price growth will be an average of 6% per year. However, this increase is expected to accelerate even sooner. 

2. It's the Perfect Time to Invest 

Buyers are aware of the fact that when the real estate market is on the up, it is time to invest. So in case you choose to open your franchise with Engel & Völkers, you can be sure that you will not have a lack of customers. 

3. Holiday or Seasonal Rental 

In Sotogrande there is a census population of 2500 inhabitants. However, during the summer months, it grows to 12,500. This means that many homeowners rely on real estate agents in the area to rent out their properties to foreigners who want to spend their holidays there. 

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4. The Majority are Foreign Customers 

The majority of those who are interested in buying a home in Sotogrande come from other countries and are people with a high purchasing power. In addition, to obtain a residence permit, they usually make investments in excess of €500,000 and, in many cases, they are cash buyers who don't need to get a mortgage. 

5. A Growing Development 

A little less than a year ago, the construction of 1,000 new homes within the residential development of Sotogrande was approved. This is a sign that the area is re-emerging and that better real estate opportunities will come by. 

6. Greater Ease of Access to Mortgages 

Banks have now turned on their money lending tap and are increasingly granting a greater number of mortgages to borrowers. This means that more and more customers are choosing to buy a house in an area as exclusive as Sotogrande as they can obtain the financing they need more easily. 

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7. Tranquility and Relaxation 

Sotogrande is known for its beautiful nature and the sea views. As the beach is very close, it adds value to properties. In addition, it has all kinds of services, with excellent connections with the rest of Andalusia and a wide variety of amenities, such as schools, medical centres, sports facilities ... 

8. Excellent Network Coverage 

If you open your franchise with Engel & Völkers you can enjoy a network of international clients from all the offices we have. This will make it easier for you to find the ideal buyer no matter where you are. 

9. Great Prestige and Reputation 

At Engel & Völkers we have 40 years of experience in the European high 'standing' sector. Therefore, our brand will serve as your support when it comes to convincing your customers to trust your services. 

10. Ongoing Training 

As a franchisee, you can enjoy continuous training in sales, management, etc. In this way, you will always be aware of the latest happenings in the real estate market. 

These were the top 10 reasons why you should invest in a franchise in Sotogrande through Engel & Völkers. However, if you contact us, we can give you many more great reasons. Do not miss this opportunity!

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