Plane Spaining for buy-to-let

Released on: February 28, 2008, 6:38 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: Those looking for new buy-to-let opportunities in a country
which has a long-established property investment sector will often look for
somewhere new.

Press Release Body: Those looking for new buy-to-let opportunities in a country
which has a long-established property investment sector will often look for
somewhere new, a fresh location which isn\'t already festooned with apartments and
swarming with tourists, a place where property may be bought cheaply and then grow
in value as new developments make the area attractive to tourists or ex-pats.

Such was the claim being made for Valencia property in Spain last year. While the
third largest city in the country can hardly be described as a place that is off the
beaten track - even if it cannot match the glamour of Madrid and Barcelona - it was
the centre of a major sporting event last year when it hosted the Americas Cup
yachting race, which led to the building of a huge new marina. Add to this the
status of the city as the host of the European Grand Prix from 2008 to 2014 with a
Monte Carlo-style street circuit and it is easy to see how the city could enjoy a
niche interest among boating and motorsport enthusiasts.

Other developments may help a location boom, such as the building of new tourist
facilities like golf courses or theme parks. So too might better transport links,
not least when it comes to airports.

In an age of low-cost airlines, this factor has been a key element on the popularity
of Spain with Britons, either as a place to live or to holiday in. Louise Hall,
business director of Spain property estate agency website Primelocation.com, said
the growth of cheap air access was a major determinant of the fortunes of a number
of particular locations in the country.

She commented: \"Barcelona and the Costa Brava region as a whole have become more
popular with UK buyers in the last two to three years. Inland Murcia has again
proven popular. Mallorca has experienced huge popularity in recent years and has
become an expensive jewel with large numbers of properties valued at £1 million
plus\".

If all this owes plenty to the influx of new airlines, allowing UK citizens to fly
down to the sunny Iberian Peninsula at a cost which leaves plenty of money for
booking a hotel and spending on leisure activities, then those locations which are
next in line to see airports constructed may be best placed to become the newest
hotspots.

For this reason, recent confirmation of the building of a new airport at Huelva may
mean that this area of south-west Spain will be the next to get a boost. Located
near the coast some way north of Cadiz and west of inland Sevilla, the new airport
may add to the popularity of the locality. The airport is due to open in 2012.
Investors therefore may have just four years to wait before the area becomes the
next mini-boom town in Spain.

In today\'s world Property investment is an excellent investment option especially
investment in UK

Web Site: http://www.assetz.co.uk

Contact Details: Address:Assetz House, Newby Road, Stockport,Cheshire

zip:SK7 5DA

ph:0845 400 7000

fax:0845 400 6010

email:linkexchangeseo@gmail.com

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