Young investors look to the popular secure property markets of Spain

Released on = March 5, 2007, 1:49 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = With the rising prices in the UK, property is becoming more
and more out of reach for the first time buyers looking to get a start on the
property ladder.

Press Release Body = With the rising prices in the UK, property is becoming more and
more out of reach for the first time buyers looking to get a start on the property
ladder. Research shows that it's not only retirees flocking to Spain but the UK's
younger generation are becoming increasingly tempted by the low cost of property all
over the shores of Spain. House building rates are far stronger than in the UK and
there is continued demand for the typical tourist locations of Mallorca, Costa
Blanca and Costa del Sol.

Principal International, a leading overseas property investment company, say that
Spain offers those young families looking for a new start a safe low cost of living
environment with the added benefits of a warm sunny climate, and as it is only 2
hours flying time from the relatives that they've left behind in the UK, the move
across the shores does not seem so daunting.

The whole of the European property market reached record levels last year and Spain
in particular has continued to draw serious investors as well as first time buyers
looking for a low risk investment opportunity.

The latest Jones Lan LaSalle European Capital Markets report has confirmed that over
50% of the property transaction volumes came from cross border spending in 2006,
indicating that investors are increasingly looking to riper markets across the
channel to secure their money. Spain is a safe bet and an established market which
almost guarantees that the rental opportunities are maximised, as well as the
returns on property value.

With financial rewards on capital growth reaching as much as 12% in parts of Spain,
the property market here continues to outperform equities and bonds. Principal
International have a number of properties for sale in various locations all over
Spain as well as other popular emerging European markets, see their website for
details; http://www.principalinternational.co.uk/.


Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk

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