News
'Great deals' in Spain as property prices fall
Monday 30 June 2008
Investors on the hunt for a bargain will be pleased to hear that property prices in Spain have fallen by 7.1 per cent.
That is according to a Reuters report by Spain's National Statistics Institute. Paul Collins of independent property advisors, BuyAssociation, said: "There are some great deals available in Spain".
The key to buying in the area in the current market, according to Mark Stuckling, spokesman for Spanish Property Insight, is to be discerning about the choice of property and the area.
Those looking to invest in property should, instead, look at the Costa Del Sol, where according to Mr Stuckling, "careful buying" could produce a good find or Soto Grande which is "Europe's and possibly the world's most complete golf and polo resort".
Some investors may be pleased to hear that Cristiano Ronaldo has been house-hunting in Madrid, ahead of his potential move to Real Madrid this summer, Goal.com reported.
That is according to a Reuters report by Spain's National Statistics Institute. Paul Collins of independent property advisors, BuyAssociation, said: "There are some great deals available in Spain".
The key to buying in the area in the current market, according to Mark Stuckling, spokesman for Spanish Property Insight, is to be discerning about the choice of property and the area.
Those looking to invest in property should, instead, look at the Costa Del Sol, where according to Mr Stuckling, "careful buying" could produce a good find or Soto Grande which is "Europe's and possibly the world's most complete golf and polo resort".
Some investors may be pleased to hear that Cristiano Ronaldo has been house-hunting in Madrid, ahead of his potential move to Real Madrid this summer, Goal.com reported.
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