If you have been on the look-out for a long-term investment that could give you a solid return, investing in Spanish property may well be the way to proceed.
Article written by Overseas Guides Company
When you couple the current favourable exchange rate between sterling and euro with Spain’s low real estate prices, you can begin to understand why the Spanish property market is so attractive to British buyers.
Although popular areas such as the Costa del Sol and the Costa Brava might be obvious choices for investment properties, Murcia in the south-east is increasingly garnering interest from savvy investors keen to cash in on the new theme park opening in 2015 and the high speed railway line which, when complete, will connect Murcia to Madrid.
With this in mind, the SpainBuyingGuide took a look to see what types of properties are available in the region.
This first floor apartment in Murcia’s La Torre Golf Resort is on the market for €79,950 (approx. £62,000). Boasting two bedrooms, the apartment enjoys views over the resorts large swimming pool and golf course. The apartment enjoys a spacious terrace at the front and small balconies off the balconies at the rear. This apartment would make the perfect investment property as the resorts amenities coupled with the areas attractions will ensure rental yield is high all year round.
For details of property for sale in Spain, visit the Spanish listings on Rightmove Overseas. One way to save money when buying in Spain is to use a currency specialist when transferring your pounds into euros to complete the purchase of your property. For more information on this, contact Smart Currency Exchange or visit the Currency Zone.
To understand the full step-by-step process to buying a property in Spain, collect The Overseas Guides Company’s ‘Spain Property Buying Guide’
The views and comments herein are those of the author and do not necessarily reflect the views or opinions of Rightmove Overseas, Rightmove Group Ltd or Rightmove Plc