Is Real Estate in Spain still an Investment Property Goldmine?

Yes. Why? The dynamics of the real estate market in Spain are unique.

EU money has let Spain invest in its infrastructure and now boasts some of the best-integrated transport systems in Europe. 500 thousand Brits alone go to play golf there every year.

Some 11 million visit the Costa del Sol alone every year. Some surveys estimate that 2 million northern Europeans will make Spain a permanent home over the next 5 years. 320 days of sunshine, world-class golf courses and beaches also help.

With the present economic climate making it challenging to maximize returns on investments, property still remains the firm favourite as an investment vehicle.

Investment Property Spain

Despite fears of a slowdown in the Spanish real estate market, house prices are still rising steadily. The average increase in value for properties for sale in Spain in 2004 were up 17.3% on 2003 figures, keeping Spain in the top three investment property markets in the world.

Properties for sale in Spain

Half of the 190,000 new properties built in Spain last year were sold to foreigners. This represents a record number of investors – and figures are on the increase. Research predicts that 300,000 Britons will be looking to purchase properties in Spain by 2007.

The higher standard of living and the lower cost of living combined with cheap, quick and regular flights will ensure that the real estate boom in Spain will keep going for the foreseeable future.

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The Guide to Investment Property in Spain

We hope that some of the following questions and answers will help you and we have also produced a buyers guide that is available absolutely free of charge. Please ask us to send you one with our compliments.

Buying an Investment Property in Spain

So how how do you go about buying an investment property in Spain? Firstly, consult a reputable agent in the desired area. Most agents share a property portfolio, so building a relationship with just one, rather than several can save you time.

Premier Property Investments are such a company having spent considerable time and effort finding the most reliable companies and agents in Spain to collaborate with, plus we are members of the Infocasa MLS giving us access to 1000s more properties than your one- man band you so often find in Spain.

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If you are interested in buying any of the investment property featured on our site or require investment property advice, then please get in contact with us - our advice and time is free.

Please remember we only feature the best real estate deals so demand is always high for the investments we feature - so time is of the essence.

Contact us via our contact page or call on 0044(0)1382 738039 or 0034 951 31 91 91 or you can email us at info@ppinvest.co.uk.