Property in Spain - Spanish Property

You have come to a decision - you are are going to buy a property in Spain. Where, what and how? There are literally thousands of Spanish properties available all over Spain – so you really need to take a step back and think about the exact type of property and location that will tick all your boxes.

Saturday, January 07, 2006

Double-Your-Money Property Investments in Spain

Double-Your-Money Property Investments in Spain

On the Costa Calida, Costa Almeria and Costa Blanca among many other extremely popular property locations all over Spain, property investors have had an amazing run of success in recent times.

This is really the main reason why foreign property investments have continued to flow into Spain at an enviable rate.

It has been reported that in some areas property prices rose last year by a staggering 30 per cent. These are the sort of rises in value that have enabled most property investors in Spain to comfortably and easily doubled their money in the last few years. Whatever the other shortcomings, you really cannot argue with that kind of investment performance.

The result has been that this kind of performance has kept demand for property all over Spain high, and with it the value of property also tends constantly to be on the rise.

It is widely predicted that these trends are set to continue for several years into the foreseeable future. There are several solid reasons for this:

For instance, the Spanish government has aggressively promoted a policy of encouraging tourism. This in itself has greatly helped to keep demand and prices for high quality property high. The Spanish authorities have also pushed for international investment into the country, as well as construction as their main strategy to keep the economy growing at the rates currently being enjoyed.

Also, these trends are tipped to continue in Spain, even as other newer investment destinations in Eastern Europe and elsewhere have clearly proved to be rather risky and dangerous - and in some cases it has become clear that there is very little protection of investment interests. A case in point is Russia, which has witnessed capital flight as some investors have hurriedly left over some widely publicized bad experiences.

Many of these foreign investors have opted to fall back on more secure and established investment destinations with longer track records of performance and investor interests protection.

Spain fits such a description, perfectly.

At Spanish Villas Spain, we have a selection of property for sale on the Costa Blanca, Costa Calida and Almeria

New Legislation Has Made It Safer To Invest In Spanish Property

New Legislation Has Made It Safer To Invest In Spanish Property
There is no greater fear than the fear for the unknown and when one is making a serious investment in a foreign country where the language spoken is different, there are a lot of unknown factors. This usually causes a lot of fear and feelings of uncertainty on the side of most foreign property purchasers.

In recent years, in Costa Calida, Costa Almeria, Costa Blanca and other very popular property locations all over Spain, property prices have been steadily climbing at amazing percentage rates. This has naturally attracted hordes of property speculators as well as serious investors who have ended up seeing their investments regularly double in value. This as all sounded too good to be true for many, while other potential buyers have nervously kept a loose eye on this market looking for the catch.

However a closer look at the facts on the ground will go a long way in reassuring and helping to rid them of the fear, which is mostly unfounded in this amazing property investment destination.

To start with, Spain is a member of the EC (European Community) and is very serious about attracting investment, which the rapidly growing Spanish economy badly needs. All this is happening behind a backdrop of growing competition for foreign investments amongst many countries all over the world, more so as most of the former communist controlled Eastern Europe has started opening up and trying to rebuild their delicate economies in a free market system.

To cap it all, there is probably no better evidence of the intentions of the Spanish authorities to attract and keep foreign investments, than the recent developments in the enactment of laws. Legislators in Spain have recently passed a law that specifically addresses property sales and building standards in that nation. This law will go a long way towards making Spain an even safer investment destination for property buyers from all over the world.