My wife and I are looking to sell up in the UK and purchase a property in inland Andalucia with guest house(s) , in order to start an Air bnb business.
Where do we start?
We would be looking to spend around €250-300k. I think a golden visa requires 500k investment. Is this flexible?
The guest house(s) would be our main source of income, although I do have a small website development business which I would continue to grow in Spain. Maybe offering English speaking website development to expats.
We can't buy before we know if we would qualify for a visa and there is no point applying before we have a property? How does the timeline work?
My Father has lived in Spain for the past 20 years and has residencia, but obviously everything has changed since Brexit.
Any advice from guest house owners would be much appreciated. Also anyone looking to sell a going concern, please let me know.