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Monday, 18 August 2008 00:00 |
Spain will continue to see strong demand from investors looking to buy real estate abroad, according to new evidence, which suggests that many people are inclined to buy property following a recent holiday.
According to online investment fund analyst Moneyspider.com, the end of the holiday season is a powerful catalyst for change in people's lives and fuels desires for relocation overseas.
Tony Ahearne, a spokesperson for the organisation, explained that the trend is particularly noticeable among those investors looking to retire overseas.
He said: "Returning from holiday to a grey and windswept Britain still in the grip of the credit crunch may well be the final straw for a great many over-60s this summer.
"There's no reason why anyone with sufficient funds to invest shouldn't enjoy a happy, secure retirement overseas - if they have a watertight back up plan that ensures their money is working as hard as it possibly can."
One region which could see particularly strong continued demand from investors is Ibiza.
According to the Independent newspaper, the Spanish island is seeing high levels of tourism, thanks to its peaceful beaches and beautiful countryside - which provide a serene accompaniment to its jostling nightlife. |
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