Spain offers a warm climate all year round, with plenty of outdoor activities to indulge in, such as the beaches, 26 golf courses, rambling, skiing, water-sports, breathtaking countryside, and attractive Spanish culture.
Property prices in Spain being much lower than in their home countries, people are ready to afford a holiday or second home, or are seeking to relocate to the country on retirement.
The Spanish property market continues to be at the top of the list for investment and holiday homes.
About Spanish property market Spain offers a wide range of properties from city apartments in Seville to luxury villas in Costa Blanca and stone farm houses in Galicia.
Spanish property also offers investors great "Buy to Let" opportunities in an already established market.
With about 2.
8million foreign residents in Spain, apart from growing tourism figures, Spain is a top destination for foreign property investment.
According to Spanish Ministry of Tourism, more than one million foreigners are likely to buy homes on Spanish coast in the next six years, and this figure is likely to triple by 2025.
Off-plan purchases are a popular investment option in the Spanish realty market, due to vast profits associated with off-plan investments.
Spain offers a large flourishing rental market, with good rental potential, achieving excellent returns.
Spain is a top choice for tourists enjoying a variety of accommodations, such as private villas and apartments.
The property can be rented out for six months of the year to cover costs and can be used on one's own free of charge for rest of the year.
There is an increasing tendency seen among youngsters below 30s to buy a property in Spain.
The Costa Blanca and The Costa del Sol are the prime investment areas, and the most popular tourist spots too.
Spanish property investment has been quite popular among investors for a long time now, and continues to be the favorite, particularly for UK investors due to numerous low budget airlines connecting UK and Spain.
Most investors buy properties in Spain seeking a secure rental income from their investment, as Spain is a safe option for rental yields, with reliable tourist industry having proved it several times.
Current Property trends in Spain The Spanish property market is cooling off and it is yet to be determined whether it is a bubble ready to burst or if it will continue with its positive and milder increases.
Although in some aspects Spanish property market is deteriorating with transactions dropping by more than 40 percent this February, as against February 2007, in major regions such as Catalonia, the construction works are proceeding normally, with property continuing to be the best form of investment.
Despite the fact that newly built properties are having a better resale values, developers are facing a terrible time with sales down by 60 percent since September 2007, with unsold properties and a growing stock.
But, that is only a vague overview of a complex situation with several other exceptions.
Spain has a stable and mature property market, with prices of properties having increased by 48 percent during past three years.
However, an increase in price has been predicted in near future, in both popular coastal resorts and in inland regions, according to experts.
Property experts suggest that this is the ideal time for an investment in Spanish property, as the interest rates are low, and the economy is strong, and there is huge demand for rental accommodation, which is further fuelled by revolution of internet bookings.
Property prices in Spain being much lower than in their home countries, people are ready to afford a holiday or second home, or are seeking to relocate to the country on retirement.
The Spanish property market continues to be at the top of the list for investment and holiday homes.
About Spanish property market Spain offers a wide range of properties from city apartments in Seville to luxury villas in Costa Blanca and stone farm houses in Galicia.
Spanish property also offers investors great "Buy to Let" opportunities in an already established market.
With about 2.
8million foreign residents in Spain, apart from growing tourism figures, Spain is a top destination for foreign property investment.
According to Spanish Ministry of Tourism, more than one million foreigners are likely to buy homes on Spanish coast in the next six years, and this figure is likely to triple by 2025.
Off-plan purchases are a popular investment option in the Spanish realty market, due to vast profits associated with off-plan investments.
Spain offers a large flourishing rental market, with good rental potential, achieving excellent returns.
Spain is a top choice for tourists enjoying a variety of accommodations, such as private villas and apartments.
The property can be rented out for six months of the year to cover costs and can be used on one's own free of charge for rest of the year.
There is an increasing tendency seen among youngsters below 30s to buy a property in Spain.
The Costa Blanca and The Costa del Sol are the prime investment areas, and the most popular tourist spots too.
Spanish property investment has been quite popular among investors for a long time now, and continues to be the favorite, particularly for UK investors due to numerous low budget airlines connecting UK and Spain.
Most investors buy properties in Spain seeking a secure rental income from their investment, as Spain is a safe option for rental yields, with reliable tourist industry having proved it several times.
Current Property trends in Spain The Spanish property market is cooling off and it is yet to be determined whether it is a bubble ready to burst or if it will continue with its positive and milder increases.
Although in some aspects Spanish property market is deteriorating with transactions dropping by more than 40 percent this February, as against February 2007, in major regions such as Catalonia, the construction works are proceeding normally, with property continuing to be the best form of investment.
Despite the fact that newly built properties are having a better resale values, developers are facing a terrible time with sales down by 60 percent since September 2007, with unsold properties and a growing stock.
But, that is only a vague overview of a complex situation with several other exceptions.
Spain has a stable and mature property market, with prices of properties having increased by 48 percent during past three years.
However, an increase in price has been predicted in near future, in both popular coastal resorts and in inland regions, according to experts.
Property experts suggest that this is the ideal time for an investment in Spanish property, as the interest rates are low, and the economy is strong, and there is huge demand for rental accommodation, which is further fuelled by revolution of internet bookings.