Property In Spain

Spain has proven to be the most popular market for overseas property investors in recent years, and over the past twenty years the prices of property in Spain have risen faster than in any other market.

These increases in price have been driven by a large and relatively constant demand, and despite the more challenging financial climate of recent times, Spain is still the number one choice for overseas property purchases.

So why has property in Spain managed to maintain this strong demand? As in so many markets, the strong demand for Spanish property is rooted in its exceptionally successful tourism industry, one which generated almost $54 billion in 2007. Spain’s superb climate, coupled with the increasing number of cheap flights to the country from major European destinations, makes it easy to see why this has led to a consistently high demand for property. As importantly, this consistent demand is not just from overseas property investors, but also retirees and people seeking holiday homes. This ensures not just initial investment, but more importantly the end user, a vital component in any long term, sustainable property market.

Coupled with its strong tourism industry, low interest rates (especially when viewed in comparison with interest rates in the UK) and property prices have resulted in Spanish property proving to be a lower cost investment choice than property elsewhere in Europe. In particular, people who have purchased off-plan property in Spain have historically seen even higher returns, as a result of significant discounts on early purchases.

Today, Spain is a mature property market, and it would be fair to say that the demand for property in other markets has almost closed what was a large gap. However, there is still a larger demand for property in Spain than in any other market, and this is unlikely to change in the near future.

What has changed in the Spanish property market in recent years is the requirement to make the right investment choice. It is no longer sufficient to rely on market demand increasing the market value. Without doubt, market research is the order of the day when buying a property in Spain today.

Whilst we have seen the emergence of this more ‘discerning investor,’ in Spain, it has had the positive effect of seeing more high quality property developments being launched. Recent times have seen a number of exceptional developments being announced throughout Spain, and it is these higher quality projects which are likely to prove more commercially successful in the long term.

>> Properties for sale in Spain.

Further regional information: Murcia | Andalusia | Valencia |

	Two bedroom bungalows in La Mata, Alicante€119,900 Two bedroom, one bathroom top floor bungalow apartments situated in Res.Altos de la Bahia, Aguas Nuevas and within walking distance of the beach and facilities. The bungalows have a terrace of 7m2 and solarium of 39m2 and many have sea views. >> view detail
	Two bedroom apartment for sale in Mazarron, Costa Calida€134,900 These delightful 2 bedroom Aguamarina apartments are in a stunning position overlooking the sea in Puerto de Mazarron. The development is nearly completely sold with just the last few remaining. The apartments include a communal pool, jacuzzi, tennis courts and underground parking. >> view detail
	La Floresta de la Mairena - Two bedroom apartments in Elviria, Spain.£163,478 La Floresta de la Mairena is a new development set in beautiful surroundings, declared a natural biosphere reserve by UNESCO, and only seven kilometres from Elviria beach, east of Marbella. The residential development is surrounded by a strikingly beautiful oak forest and has beautiful sea views. >> view detail
	Montesol - Three bedroom townhouses in Calpe, Valencia£233,043 This fabulous complex is situated in one of the best areas of Calpe - “Maryvilla”. It is an area that is characterised by its tranquillity and panoramic views of the sea. The Monstesol residential complex consists of houses with gardens and communal swimming pools. >> view detail
	Calpesol Resort - Three bedroom townhouses in Calpe, Valencia£167,826 The Calpesol residential complex is situated in the small tourist town of Calpe, in a modern and peaceful spot only 5 minutes from the beach. It consists of spacious houses with verdant gardens and a communal swimming pool. The properties have 3 bedrooms, cloakroom, 2 bathrooms, terrace, private garden and outdoor parking. >> view detail
	Valle de Alenda - Two bedroom townhouses in Alicante£150,900 The Valle de Alenda complex consists of only 35 houses with two and three bedrooms right on the front line of the Alenda golf course only 15 minutes from Alicante, Elche and the beach. All the properties come with fully-furnished kitchens, equipped with a glass-ceramic hob, extractor hood and oven. >> view detail
	Alcazabar Hills - 2 bedroom penthouses in Estepona, Andalusia€435,000 The Resort is a uniquely stunning development that embodies all that is inspirational about owning a home abroad. Phase 1 is now complete, and once fully developed, this private, low density resort will boast 400 luxury apartments; complimented by indulgent, extensive spa and pool facilities, together with award-winning signature gardens. >> view detail
	Alcazabar Hills - 3 bedroom apartments in Estepona, Andalusia€277,000 The Resort is a uniquely stunning development that embodies all that is inspirational about owning a home abroad. Phase 1 is now complete, and once fully developed, this private, low density resort will boast 400 luxury apartments; complimented by indulgent, extensive spa and pool facilities, together with award-winning signature gardens. >> view detail
	Alcazabar Hills - 2 bedroom apartments in Estepona, Andalusia.€233,000 The Resort is a uniquely stunning development that embodies all that is inspirational about owning a home abroad. Phase 1 is now complete, and once fully developed, this private, low density resort will boast 400 luxury apartments; complimented by indulgent, extensive spa and pool facilities, together with award-winning signature gardens. >> view detail