Spain has always been a popular destination with people moving abroad or owning a holiday home somewhere in the sun; however it would appear that it is now even more popular than ever. New property developments have to publish waiting lists as they are receiving so much interest in the properties and have not got enough to allocate to everybody.

One development, Vera Playa Sol, on the Costa Almeria, is now fondly known as the best ‘key-ready buy’ development in Spain. Within a week, the development has scores of potential buyers viewing the properties and looking to purchase. So much so that staff has difficulty in keeping up with prospective buyers and the paperwork associated with them.

This sudden influx of buyers is being credited to the low asking prices as developers cut prices to sell off the over-stock. One buyer commented, “I paid EUR 62,000 for a brand new, 2-bed pool and sea-view penthouse with all appliances and a choice of four swimming pools…finished up getting my third choice penthouse…I am over the moon.”

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.

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