According to new reports from industry professionals in Spain, sales to foreign nationals are on the increase. One leading developer has reported that international investment in Spain is up 8% this year with demand from foreign nationals still on the rise.
The new data revealed that UK investors make up the majority of the market followed by Germans and the most popular areas for property purchase are around Marbella and Alicante.
The developer also highlighted that during the first 6 months of 2011, enquires for property had improved by a staggering 70%.
This information certainly suggests that prices have reached a level where excellent value is on offer; something that the majority of industry experts in Spain are now agreeing with.
Spanish Golf properties are particularly popular. This property type is attracting a premium on the rental market and also at re-sale provoking interest amongst many investors.
Source: http://www.selectproperty.com