Spanish homes still in demand
Despite the economic gloom over Spain and neighbouring Eurozone counterparts the appeal of buying a property in Spain is still strong from foreign investors.
According to overseas mortgage firm Conti enquiries for Spanish mortgages leapt by more than 30 per cent during the past two months as property prices continued to fall and more sellers desperate to move on are prepared to negotiate further discounts in order to attract a buyer.
According to several leading agents UK property investors looking for a home in the sun are in a great position to find the holiday home of their dreams at a price much lower than in previous years due in part to the growing strength of the pound against the Euro.
But potential buyers are advised to do their homework before going ahead with any purchase and to seek professional advice with English speaking experts proficient in legal and local knowledge.