DPI Worldwide - Property Investment in Spain

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INVEST - Spain

If you had bought in Spain a few years ago it is likely your property value would have appreciated around 20-30% per annum in some areas. Furthermore, if you had bought off-plan at a discounted rate and then sold at current market value, the increase would have been far higher. Thus it is obvious why Spain has become the location of choice for the knowledgeable property investor.

As with most markets, it is the ever-increasing demand for property in Spain that is driving the property price increases. Despite an apparent cooling of the market, there is no sign of demand diminishing and we can expect a respectable growth to continue into the future.

Indeed, it is widely published that 25% of British people aim to retire abroad and Spain is the most popular destination. Owing to a fantastic year-round climate, relatively cheap cost of living and close proximity to the UK, Spain continues to be high in demand. Budget airlines offer cheap flights from many UK and other northern European airports and generally you can travel to Spain in around 2 ½ hours.

The growth in the Spanish property market is driven by demand, but it is the property investor who benefits most while those that buy early – often off-plan at well below market value - will benefit from excellent returns on investment.

Reasons Why Spain is an Intelligent Property Investment Location

Spain is destination to around 50 million tourists.
Spain is the second most popular holiday destination in the world.
With more than 300 days of sun every year and numerous golf courses Spain offers year round rental possibilities.
Cheap and simple access from a massive range of locations via low cost airlines.
Diversification from a UK-only property portfolio.
Simply property acquisition and legal procedures with no language skills required
Stable economy.
Financing readily available with low interest rates.
Residential internet bookings are rising steeply benefiting the buy-to-let market.

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