Spanish property prices continue to fall, despite much interest from investors, Spanish and foreign alike. The latest figures from Spain’s Ministry of Public Works shows that in the last couple of months the average property price in Spain has fallen by 5.5 per cent, compared to the same time last year.

During the Spain’s property boom years, a huge 326,000 properties were sold annually, whereas the predictions for this year are that of a mere 100,000. Whilst this is not good news for the locals, it is good news for investors.

Thinking of buying a property in Spain? Well you couldn’t have picked a better time to do it. As sellers become desperate to sell and developers try to get id of their overflow of new-builds, the chance of grabbing an bargain is really high.

Popular holiday destinations in Spain have also been affected meaning buying to let will cost you less and still bring in an income during the tourism months. When receiving an income from Spain, if you need to move the money to the UK it is vital to use a specialist service. As an example, Smart Currency Exchange can offer rates up to 4% better than banks.

To understand the full step-by-step process to buying a property in Spain, collect The Overseas Guides Company’s ‘Spain Property Buying Guide’