International real estate investing: Spain
Hi,
So I am interested in investing in international real estate, in particular in Spain. There is a growing market of abandoned medieval villages in Spain ( as well as Italy and France) that are for sale for low prices. These villages vary widely in their size etc and almost all require extensive rehab and renovations.
One of my goals is to purchase one of these villages that is on or near the Camino de Santiago and either renovate or build from scratch a youth hostel (albergue juvenil). Anyone that has done the Camino de Santiago will know what I mean. These are essentially cheap hostels for pilgrims walking the Camino.
Does anyone have advice on purchasing these villages and how to go about it? What kind of professionals do I need on my team to guide me through this process? I know next to nothing about international real estate lawyer etc and want to learn as much as possible. Any information and or contacts will be greatly appreciated. Thank you.
William