Is affordable real estate in Spain a good idea?

I took the leap with real estate in Spain a few years ago, and I haven’t regretted it. I bought a budget apartment in Granada, and while it isn’t the fanciest place, it has been a steady rental income generator. The great thing about affordable properties is that the risk is lower, and you can enter the market without draining your savings. However, don’t expect luxury; these are more about utility and practicality. It’s crucial to pick a location that still has tourist appeal, like the outskirts of popular towns or near universities. My place mainly attracts students and budget-conscious tourists, and the rental rates aren’t huge, but it’s enough to cover expenses and gives me a steady income stream. If you’re okay with a modest return and looking for a low-entry investment, these properties can be quite rewarding.