First of all, put your savings on a savings account with interest (I know several, pm me if interested, happy to share with you the ones I have, I don't get any commission, I promise ).
Where in Spain do you live? With that rent you pay I assume in a smaller city, right? I would not discard the idea of an investment property with a mortgage (now that interest rates are super low you can get amazing conditions at a fixed rate), and with a tenant pay the mortgage and even make a profit, then, worst case scenario you own a home and will have a roof over your head.
Depending where in Spain you buy them you wouldn't need to use all your savings.
Maybe a good option would be buying a small investment property (and potential home if things go south) with half of your savings, then leave a small amount in savings account for emergencies and invest the rest in scaling your business.
Considering your age, that you value security and that you don't own a house, getting one sounds like a good idea, even if you use it as a home, as in Spain, (with very few exceptions) is way cheaper buying with mortgage than renting.
Just some thoughts, hope you find them useful
Where in Spain do you live? With that rent you pay I assume in a smaller city, right? I would not discard the idea of an investment property with a mortgage (now that interest rates are super low you can get amazing conditions at a fixed rate), and with a tenant pay the mortgage and even make a profit, then, worst case scenario you own a home and will have a roof over your head.
Depending where in Spain you buy them you wouldn't need to use all your savings.
Maybe a good option would be buying a small investment property (and potential home if things go south) with half of your savings, then leave a small amount in savings account for emergencies and invest the rest in scaling your business.
Considering your age, that you value security and that you don't own a house, getting one sounds like a good idea, even if you use it as a home, as in Spain, (with very few exceptions) is way cheaper buying with mortgage than renting.
Just some thoughts, hope you find them useful
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