Spain

Spain is still the number one destination for second/holiday home buyers from the UK. However, with over supply, over valuation and deflation of the property bubble, it´s not an area we recommend for short term investment. Prices have come down in some areas, others have held steady, but overall the investment aspect of Spain is comfortably outscored by other destinations.

See News Article: Pain in Spain

With the ´Credit Crunch´ hitting some areas of the Worlds property markets, Southern Coastal Spain could be vunerable to another ´Northern Rock´ scenario. Although it appears the ECB are actively attempting to avoid this.

The other factor which steers us away from the area is the type of property sales organisations often involved in promoting the Costas, quite frankly we wouldn´t want to do business with some of them and expect most of our clients to feel the same way.

However, if you´re looking for a great place to have a weekend/retirement property, Spain is a great option. The culture and lifestyle are fantastic, Golf enthusiasts can play numerous courses, watersports are obviously popular, but don´t discount the mountains, summer and winter, all in one day!

Our associate company specialises in La Manga in the Costa Blanca, offering a wide range of resales within the Resort, call for details.

The Canary Islands in Fuerteventura and Tenerife.

If you like the Spanish lifestyle and want a surefire investment, talk to us about our number one recommended destination, Margarita Island ! from only £35,000 With Villas starting from under £50,000.

Call for details 00 44 (0)208 390 8001

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