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Spanish Property News

Spain still best for long term investments - Posted: 22/03/2008

GE Money, a top Spanish bank reported that buyers consider Spain the best option for long-term property investment. They surveyed one hundred mortgage brokers and a thousand of their customers for their views of the world property market and Spain was the clear winner, with its perfect mix of great lifestyle and secure returns over a sustained period.

This follows on from a report by UK building society, the Alliance and Leicester that showed Spain was one of the first choice destinations in Europe for starting a new life. Their research showed that 52 per cent were relocating because of Britainís high cost of living, while 40 per cent cited poor UK weather conditions.

Spain is the number 1 choice for relocations in Europe due to the advanced facilities and infrastructure available in most coastal areas.

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Mark Haybittle