Now is the time to buy Spanish property, say 7 in 10 Spaniards, as confidence in the country’s real estate climbs.
71 per cent of those responding to a survey said that it is “good time” to buy property. The poll of 1,000 people asked for them to score their views from 0 (pessimistic) to 200 (optimistic), resulting in an average of 112, which suggests that domestic buyers think that the country’s property is an attractive investment – a marked turnaround from a few years ago.
Factors fuelling the upbeat sentiment include the fall in prices since the housing crisis, the fact that real estate is a stable asset and the recovering market, which now offers “real opportunities”.
With 35 per cent saying that prices are now rising and 43 per cent saying that prices are stable, though, for those who can afford property, such as foreign investors, can be reassured by the spreading positive mood surrounding Spain’s property market.
- Prices are just €170,000
- 6% GUARANTEED rental income p.a for 10 years!
- 70% LTV mortgages (STS)
- Experienced Management Company of over 30 years
- Established rental location
- Freehold turn-key investment
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