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Property Spain:

While there is the prospect of further slowdown in the rate of growth, the Spanish property market offers real potential for ongoing returns. Investors benefit from extensive historical data available on this well-established marketplace. Should any price fluctuation occur, investors who retain their property through a period of slowdown can still realize on their investment, when price growth resumes.

Spanish Property Report
by editor
20 Aug 2008 at 7:22am The massive gains in Spanish property value over the last decade were of course unsustainable and if you buy property in Spain right at the moment, it may be a few years before you see any form of growth in terms of the property?s intrinsic value. With house prices having risen in the most popular tourist hotspots, rental yields have been squeezed and to ensure you get a decent level of rental income to make an investment viable you must be extremely thorough with due diligence.

Spain takes fresh steps to revive economy
by editor
15 Aug 2008 at 11:48am The Spanish economy, the fourth-biggest in the eurozone, has been slowing down as the impact of an abrupt end of a decade-long property boom in Spain, due to rising interest rates and the international credit crunch, spreads to other sectors. The government is working to make sure that the economy recovers as soon as possible," Prime Minister Jose Luis Rodriguez Zapatero, told reporters after the measures were approved at the meeting

Spain: Economic Outlook
by editor
15 Aug 2008 at 7:59am Given the worsening economic climate in Spain, which will result in lower tax revenue, the Economist Intelligence Unit expects to see a significant deterioration in the government accounts from a surplus to a deficit over the forecast period. The Economist forecast that GDP growth in Spain will slow to an average of 1.6% during 2008-12, from 3.8% in 2007.

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Property Spain - A Low Risk Long Term Investment Market

Despite the recent slowdown in the global property investment market, the Spanish housing market can still offer significant benefits to investors. However, caution and strict due diligence is required. In less developed areas the Spanish property market is still buoyant.

Property in Spain: Outlook 2008
Confidence in the Spanish property market has been dented by the wave of bad press, particularly in Costa hotspots and with interest rates creeping up, the Spanish property market has now slowed down from its former period of record-breaking sales. It will take some time for the property market in Spain to recover. Average Spanish property prices depreciated by 3.9% over a 12-month period to the end of July, according to Tinsa's latest Spanish property price index. This Spanish property surveyor, reports that the average price of a property in Spain has now fallen for five consecutive months, with the worst price declines recorded on the Mediterranean coast, where average property prices in coastal areas fell by 6.2%. Away from the most popular coastal areas 'the Costa del Sol and the Costa Blanca' there are still investment opportunities in the more reasonably priced Costa Cálida. The Costa de la Luz is also growing in popularity and has seen significant price rises due in part to the regulations governing construction on the coast. Strong Rental - Buy to Let Market The buy-to-let market is still popular as it is driven by the growing demand for holiday accommodation, especially in summer. The Spanish Ministry of Tourism predicts that more than one million foreigners will set up home on the Spanish coast in the next six years, and this figure is expected to treble by 2025.
	Download the free Spanish property & real estate investment report packed with information about buying Spanish investment property for buy to let or as a holiday home on the Spanish coasts, Spanish city centres or in-land Span..

Residential Tourism

Long term residential tourism is also an important factor for the future of the Spanish real estate market and we are now seeing many foreign buyers investing in off plan developments that cater for those looking to relocate now with their families or in a few years time to enjoy there retirement years.

An Established Tourist Market

Spain is hugely popular with tourists, ranking second in the world in both tourist visits (behind France) and in volume of sales, in which it is outdone only by the USA. (Source: Euromonitor International, Travel and Tourism in Spain). The popularity of Spain as a tourist destination continues to grow; the number of visitors increased by 4.5% in 2006 to 58.5 million, according to the FRONTUR Survey, Ministry for Industry, Tourism and Trade, with a further rise to 59.3 million in 2007, according to figures from the World Economic Forum.

The Travel and Tourism Index now ranks Spain at 15 in the world, rising 13 places from its previous position at 28 in 2006, as visitor numbers rose by 0.7% in December 2007 to over 2.2 million, according to the Ministry of Tourism. As visitor numbers increase, revenue from tourism also rises; for 2006 as a whole tourist spending rose 4.7% from the previous year generating €8 million.

A Mature Property Market

The Spanish real estate market has seen sustained growth since 1993, with significant rises from 2001 to 2004. Prices continue to rise, but with a slower growth rate - 15% in 2006 and 21% in 2007 compared to 2005 prices. While there is the prospect of further slowdown in the rate of growth, the Spanish market offers real potential for ongoing returns.

Investors benefit from extensive historical data on this well-established marketplace when making investment decisions. Should any price fluctuation occur, investors who retain their property through a period of slowdown can still realize on their investment, when price growth resumes.

The political and economic stability combined with an established tourist industry makes Spain a relatively safe overseas (albeit a long term) property investment location.

Buy to Let Property in Spain

The Spanish buy-to-let property market is remains a feasible option. The Spanish tourism industry and buy to let market is driven by a stable demand for holiday accommodation, especially during the summer months. With house prices having risen in the most popular tourist hotspots, rental yields have been squeezed and to ensure you get a decent level of rental income to make an investment viable you must be extremely thorough in your research and due diligence..

There are some lesser explored, buy to let investment property areas in Spain. Now that Spanish real estate prices on average have adjusted and fallen across most of the Spanish market, now is the time to explore these alternative buy to let opportunities in Spain.

Property Hot Spots in Spain

Major Spanish property and holiday rental hotspots are located on the Spanish Costas, the Canaries and the Balearic Islands. These remain popular choices for seasoned holidaymakers and retirees not looking to make high capital returns in the short term; however, an emerging sense of adventure is driving many buyers' interest further inland, creating new mini-emerging markets in easily accessible rural locations.

Global Property Investment Network

property investment spain Our Global Property Investment Network is highly regarded for researching property investments opportunities in Spain and across the globe.

We aim to provide information to property investors allowing them to to identify the most lucrative opportunities currently available in Spain. Our investment property researchers are monitoring the investment property market in Spain on a day to day basis.

Property Spain: Due Diligence

All property in Spain , be it for investment purposes or as a second / holiday home, that we recommend have passed strict due diligence procedures. Our country and investment reports are packed with properly researched, up-to-the-minute professional advice on the very latest Spanish property investment options available.

Property Investment News Spain

Visit our Spanish property news section for the latest news on real estate and property investment in Spain! Our news pages will keep you informed about the latest Spanish property investment and real estate news.