Spain remains a favourite destination with property investors as it offers a number of attributes that emerging destinations cannot match, Terry Walker, spokesperson for PropertyInSpain.net, said, as quoted by holidaylettings.co.uk.
“Although markets such as Florida and Bulgaria have received a lot of hype recently, they are nowhere near as popular as Spain,” he added.
The Spanish economy is sound compared to the UK's and continues to show growth. This is a long established market and, as it remains one of Europe's preferred holiday spots, property investors cannot lose out. Spain offers property investors a mix of accessibility and value for money, Terry Walker explained.
Although the strong euro will increase initial costs for those looking to enter the Spanish market, it could help increase the return on their investment in the long-term, he concluded.
In its 2008 report, Spanish Property Insight found that property prices in the country are now around 179 per cent higher than they were 10 years ago, holidaylettings.co.uk reported.
