Property investment in Spain
In past years investment in a villa or apartment on Costa del Sol in Spain has been a very rewarding property investment.
Due to the financial crisis the property market in Southern Spain has been hit badly. Prices have been reduced with 30% in general, and some properties are being sold even cheaper. Especially if the owner has come into financial difficulties.
Nobody knows to buy a property for investment at the lowest point in time. Only the next 3 - 5 years will tell if the investment could have been timed more optimal.
Invest in Spanish property now?
Prices are lower than what has been seen for many years, and many property owners have stopped reducing the prices.
Spain is still a good place to invest
50+ million tourists visited Spain last year
No. 2 most popular holiday destination in the world
300+ days of sun = long rental season
Popular destination for winter golfers
Demand from all over Europe, EU expanding
Personal use when not rented
Modern properties are available in different areas, however most are in the area of Marbella, Nueva Andalucia, Puerto Banus. However lately also Benalmadena and Mijas has seen construction of modern properties
There are many cheap flights from UK and Ireland to Malaga. This is a good way to plan a cheap inspection trip to Costa del Sol, Spain to look for a golf villa or golf apartment.
We have reduced price on Gazules del Sol in Beahavis. Luxury 2 and 3 bedrooms apartments with see & mountain views
Investment in real estate such as a villa or apartment near a golf course in Spain on Costa del Sol can give a high return.
Legal advicewhen you buy a golf villa or golf apartment in Spain is important to ensure you get the correct legal advice when buying property
A total of 12,046,283 passengers passed through Malaga Airport during 2004, which was 4.1% more than 2003.
Malaga Airport registered 116,031 operations.
Not content with a house price boom of their own, thousands of Britons each year are taking advantage of rising property prices in the UK to fuel a property boom in Europe according to research conducted by Barclays.
Andalucia rose 15.9% in 2003.