It may be the perfect time for Spanish property hunters to put down an offer on their place in the sun.

The latest Tinsa Index showing Spanish property valuations has indicated that current conditions could prove favourable to those seeking a second home abroad or a holiday rental investment opportunity.

Writing for kyero.com, property expert Martin Dell states: "The Tinsa House Price Index […] continues to reveal an encouraging trend.

"What the Tinsa Index tells us is that house prices are still falling in Spain, but the decline has stabilised."

Mr Dell, who cites the Tinsa Index as the most accurate reflection of Spanish property market trends, adds that this means much Spanish property can now be bought at reasonable prices.

Jason Baez Sulsona, a property consultant at estate agents Mercers, recently told the Times that enquiries from British people regarding Spanish property for sale have rocketed during the past 12 months.

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