The Spanish property market is about to get a kick-start form the newly elected ‘People’s Party’ according to new information. The party are looking to reduce the tax paid by anyone who buys property in Spain as well as make the rental prospects better and more inviting to encourage buy-to-let investors.

It is estimated that the average house value in Spain has fallen by around 24 per cent since 2007, making now the ideal time to buy. If you are looking to purchase property in Spain then you could make a fine profit by buying now and renting the property out during peak seasons.

The Spanish government is currently trying to regain the positive future that construction is Spain had before the recession; when around 14 per cent of people in work were employed by the construction sector. This is also good news if you are looking to live and work in Spain and have experience in construction or building.

Details of thousands of properties for sale in the Spain can be found on the Spain listings of Rightmove Overseas. To save money when buying in Spain, Brits are advised to use a currency specialist when transferring their pounds into euros. For more information on this, contact Smart Currency Exchange.

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