Spain is still the most popular place for British property purchasers looking to retire, relocate or buy homes overseas. A recent newspaper article reported that 40% of British buyers considering overseas property purchases would prefer to buy in Spain. According to Spanish government sources, around 750,000 British people have bought property in Spain and in the last 10 years Spanish property has increased in value by a staggering 270%. The Spanish economy has experienced an almost permanent post-Franco boom with growth currently running at around 4% per annum.
Spain had 60 million tourists in 2006 and British visitors accounted for 14 million of these
Spain is the second most popular tourist destination in the world
Spain’s popularity as a tourist destination provides a welcome rental income for many property owners
Spain’s property is still great value for money compared with the UK – the average house price is €247.000 in Spain in contrast to €350.000 equivalent in the UK
Spain was the number one choice of more than 880,000 people in a survey of people looking to relocate in the next ten years
Spain has 4,964 kilometres of coastline, 300 days of sunshine a year and has many undiscovered areas where you can still find property bargains and enjoy the Spanish way of life
Spain already has a large numbers of British residents and EU membership makes entry easy to live and work
Spain’s cost of living, including property purchases, is about 60% of the cost of living in the UK and CGT is currently 18%
Spanish towns welcome visitors and are generally very safe and free of the violence prevalent in the UK
Spain’s pace of life is more relaxed and it is a very stable democratic country
Spain’s international airports can be accessed by many airlines from various UK and Irish destinations to all parts of Spain, often at extremely competitive prices
Spain’s many developer’s are reducing property prices, offering very favourable payment terms and other incentives in order to encourage sales
Spain – Still IS the number one choice for British buyers
Exciting new off-plan opportunities in Spain