Press Release Summary: It is something of a stereotype that the average Briton who goes over to Spain does so to spend a holiday on or emigrate to the costas, lazing on the beach, hitting the clubs after dark
Press Release Body: It is something of a stereotype that the average Briton who goes over to Spain does so to spend a holiday on or emigrate to the costas, lazing on the beach, hitting the clubs after dark, drinking a lot and looking like a lobster after a day in the sun.
Such notions of downmarket tourism may still be true in some cases, but Atlas International has advised that the situation is much more varied than that. Those heading to Spain, whether emigrating to live or going on holiday have a clear choice between mixing with the ex-pats and enjoying the Spanish lifestyle.
James Dearsley, European sales manager, explained that this meant there were virtually \"two markets\" for investors in property in Spain.
He stated: \"You have the buyers who want to go there and actually get away from the Brits; they want some peace and quiet, and they know that because Spain is so versatile it gives them that opportunity to get into the Spanish property way of life.\"
At the same time, he added: \"People who are going into developments are able to say: \"I want to go there because I know who my neighbour will be.\" They know they can speak English to them and they have that confidence.\"
With both markets catered for, it is possible to find investments to suit everyone, something which can offer buy-to-let investors the choice of tapping into different tastes. Mr Dearsley explained that this can be done in nearly every location, although there was a certain tendency for the most anglocentric to be on the coast and equipped with golf courses, whereas the more quintessentially Spanish lay inland.
Knowing what and where to go is increasingly important now in Spain, as in so many markets, because of the credit crunch. Reports that the market is on a downslide overall ignore the variations between the fortunes of different areas, the Daily Telegraph reported this month.
In its assessment of where is hot and where is not in various property markets, Mark Stucklin of Spanish Property Insight told the paper that an overall market correction and the credit crunch had taken some of the froth out of the market.
The Costa Blanca, he said, had done poorly of late. However, he noted, this was anything but the case in the Balearics, Costa Brava and Sotogrande, where the long-term prospects remain safe and solid. Moreover, he noted, pricing was now becoming more realistic, stating: \"For the first time in years, the Spanish market will price good quality appropriately.\"
Of course, it is nothing new to learn from Spanish Property Insight that there are regional variations in Spain, just as there are everywhere. In its report on the country\'s property market for the third quarter of 2007, it noted that Murcia had seen 10.7 per cent annualised growth, contrasting with Alicante on the Costa Blanca with 2.1 per cent.
More than ever, the property investor in Spain needs to know where to invest and for what market in order to make a good return.
In today\'s world Property investment is an excellent investment option especially investment in UK
2025
