Negative interest is an invitation to invest, do so (in a home) at the Costa Blanca.
People with more than € 100,000 in their bank accounts are currently receiving less interest. Of course, a passive income is fantastic, but what if you were able to invest this money in happiness for the upcoming years? Large European banks are trying to get money to move and persuade investors to withdraw their money. Continue reading, because the Costa Blanca is the perfect place for investing money. And now is the time to do it.
The European Union wants to pull money out of the banks
After the big financial crisis of 2008, many banks have taken protectionist measures to rebuild their asset value. The crisis passed, but the results can still be felt all over the world. The global economy has led to an uncertain investment situation. Which lead to people leaving their assets in their bank and savings accounts, thus not moving it economically. The strategy of the European Central Bank was to entice the depositors (the owners of the money) to bring the money back into the economic flows. To do so the interest was made as unattractive as possible --- even up to a negative interest…
Moreover, the loan rate is also at an historical low. That is why you can now use this absurdly low interest to fulfil your dreams. There is no better moment to make your dream of a house at the beach come true.
Leaving money unused is a waste
This is a golden rule when it comes to money: if your money doesn't bring you happiness or more money, then your strategy is wrong. Unspent money is a big mistake in a world that moves so fast. The thing that never loses its value, and even only increases in value, is real estate. This increase in value is exponential, if you buy a house in a place of such natural beauty, where demand will increase, and supply will decrease. Moreover, prices are relatively low now, but we'll talk about that later.
Natural beauty and historical heritage
These are the most important criteria for the assessment of the place you are at: nature and history. And in this part of Spain they are at their best. You can drive to the Mediterranean Sea and enjoy the sun in one of the most picturesque places in the world. You can also climb a hill and enjoy a breath-taking view of the bluest blue amidst lush natural beauty. There are literally hundreds of roads and paths to explore and to dive deep into the gorgeous nature.
On the other hand, you can end the afternoon in this magical place in your bathing suit, sipping from a beer. Most villages along the Costa Brava are true gems that have been valued in time. Enjoy the best of two worlds: First class European comfort and the narrow streets and ancient old buildings. Besides, the hospitality and nightlife here are fantastic and vibrant. That is why the Costa Blanca is one of the most popular holiday destinations in Europe. What would it be like if you could experience this as someone who lives there? Continue reading.
Conclusion – why now exactly?
Right now, prices are at their lowest. Your unused money, for which European banks don’t give you anything, can give you a better life. Happiness cannot be bought, but you can create the perfect setting to let it flourish. Honestly, there has never been a better moment than right now, to invest in a house at the Costa Blanca. All it takes is a decision and your life can change forever. You don’t have to settle for average, instead, enjoy the starry sky of this gem by the Mediterranean Sea. Move into a villa at the Costa Blanca today and do the best thing with the money you’ve worked so hard for.