British people are drawn to invest in Spanish property because of the lifestyle the country affords, it has been claimed.
Spanish property is considered a good buy for ex-patriots because of the home away from home communities that can be found at locations across the country, says Robin Wilson, Head of Overseas at Rightmove.co.uk.
Commenting on the current state of the property market in the country, Mr Wilson said that despite recent price drops, "Spain appears to be maintaining its attraction for Brits".
"Spain retains its image as ex-pat friendly with a strong English influence, good legal infrastructure and the stability of being part of the EU", he added.
It may be an opportune moment for bargain-loving Brits to invest in Spanish property, with recent Currency Index figures showing the price of the average two-bedroom apartment in the Costas is now 30 per cent cheaper than 12 months ago.
Further figures from the organisation reveal mortgage costs for Spanish property fell by 54.3 per cent in the last year.
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