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News and Views

Sun shining on Spanish property market again

Now  is the time to add to your portfolio. Don’t take our word for it. The  Daily Telegraph article says it all.

IMF hailed Spain’s remarkable economic rebound and overseas property buyers, particularly from the UK, are returning.

Spain GDP forecast to reach 2.5 per cent in 2016, outperforming the UK and Germany

Spain gives you a great deal. The OECD research, which has been running for over a decade, plots local prices against typical wages and then sets this against the long-term average. It concludes Spain is currently a good investment prospect. This is borne out by the EuroStat House Price Index which shows Spain at 75.29 versus Britain’s 125.9 (Anything under 100 is exceptional value, over 100 overpriced).