For many years investment property in Spain has been in great demand. There are many reasons for this including; the warm climate and stunning beaches, the Spanish peoples' hospitality and way of life, the already existing infrastructure and Spain's close proximity to home for other Europeans.
The price of investment property in Spain has been competitive compared to most other locations and potential for growth is huge. Similar laws and finance options to “back home” make buyers feel more comfortable than purchasing in many other worldwide destinations.
In recent months many stories have been told about the negative future of the property market in Spain. However, government facts and figures and some recent news articles indicate this is simply not the case. The price of property in Spain is still rising, demand is still high for Spanish property and it has remained a firm favourite with property investors, especially for the Buy-to-Let market.
The internet revolution is now allowing holiday-makers to purchase cheap flights and rent apartments on-line, cutting out the travel agents and making rental property in Spain a highly sought after product to feed the sun and golf-loving tourist industry. Without any doubt, property in Spain is still thriving!