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News: NOW IS EXACTLY THE IDEAL TIME TO BUY SPANISH PROPERTIES

30 Jan 2017 Back
NOW IS EXACTLY THE IDEAL TIME TO BUY SPANISH PROPERTIES

There have been a number of concerns amongst potential buyers in the months following the UK's 'Brexit' vote - that the result might possibly adversely affect the property market in Spain (with declining demand for Spanish Property) and the fall in the value of the UK Pound - thus causing problems for UK buyers here.

We are, however, delighted to be able to report that - far from that being the case - the quarterly report, which analyses location searches on the property portal, actually reveals that Spain is currently enjoying a rebound in popularity at the end of 2016.

In fact, Spain is still showing signs of being as popular as ever among lifestyle buyers, with the Costa Blanca being very high up amongst the most searched-for destinations on TheMoveChannel.com in the fourth quarter of 2016.

As well as a continued interest from Brits looking to move to a warmer climate, many buyers from the US and other non EU countries have recognised that Spanish Property is an attractive investment for either buy-to-let or capital growth opportunities.

It has never been such a favourable time to buy apartments in Spain as it is now - nine years after the Spanish property bubble burst. You can buy apartments and villas on the Costa Blanca at some amazing prices. It is really good business to buy a property in Spain for either short breaks; long-stay winter holidays or - indeed - for living a healthy life.

In the last nine or ten years, the Spanish property prices have fallen to almost 50% of the original price, but have now begun to rise again. In the last months of 2016, prices on the Costa Blanca on average by no less than 8%, and there are no obstacles to prevent overseas buyers from buying a Spanish property.

So NOW is exactly the ideal time to seize the opportunity and buy a Spanish property!!



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