Why Invest in Property in Spain

Features & Benefits

Spain will always hold an attractive appeal for many European property investors and buyers interested in re-location, especially for the weather and lifestyle. The Mediterranean coastal resorts have many established ex-pat communities of all ages. As the local resort areas grew in line with the mass tourism market, the demand for suitable self-catering accommodation became more apparent.

Second home buyers spending winters living in Spain and the hotter months in their home countries have found a very lucrative market in the high demand for short term lets in the summer. The winter months also offer a great potential for buy-to-let investors with the extensive number of golf courses along the coastal areas. This continuous demand throughout the year for short term letting enabled investors to receive maximum yields in comparison to other markets with shorter seasons.

The growth of the tourism market bought with it a high demand for property purchases, leading to the rapid boom in construction. High annual returns, impressive rental yields and varied financing options assisted with the continued demand in a location that provided a stable economy. The recent downturn in the economy has shown the full extent of the demand for the Spanish property market.

While the prices of the property have started to drop, the tourism market continues to stay strong. Buy-to-let investors continue to receive a good level of returns on their investments and the demand for purchasing remains strong.

The excellent accessibility and infrastructure, ideal weather, familiarity and lifestyle combined with rental options, golf courses and fantastic beaches, hold continuous appeal for future growth with the recovery of the economy.

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