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From: Property Secrets UK newsletter, 26th
February 2004 A steady
capital growth rate coupled with an increasing demand for rental
properties are making Spain a real hot spot for property investors and
people simply looking to buy their dream home in the sun.
Last year, Spanish property
prices grew by an amazing 18% but some areas grew by over 30%!
Many of these areas were on the coast offering a combination of
holiday properties and retirement homes.
And Spain has now surpassed
France as the No. 1 holiday destination for Brits and many other North
Europeans.
Wise investors are taking
advantage of the demand for buying and renting Spanish
properties. And the demand is set to soar, with the numbers
of non-Spanish residents estimated to jump from 1m in 2001 to 6m by
2015.
www.spanish-property-secrets.co.uk, the Spanish
property market is set to remain hot for 2004 and beyond
due to three demographic factors:
o The pound is currently at a one year high against the Euro
o Brits can now get 80% Loan to value mortgages on Spanish Buy to Let
properties
However,
Neil Lewis from the
website
warns that while investing in Spain
now is a fantastic opportunity whether you are an investor or
purchasing a second home, buyers should beware.
which are experiencing growth of only
4 or 5%.
However, help is at hand, with the secrets of how to
successfully buy a Spanish property now available to anyone, whether
they are an investor or just looking for their dream home.
Spanish Property Secrets
2004 has hard hitting advice sourced from Spanish property investors
and experts and is designed to help people looking to buy
in Spain to make the best possible investment decisions. It covers
everything you must know to make the project a success such as:
How to avoid being
ripped off
Wealth tax and
other Spanish levies
Where's the hot
region for your money and dream investment
How to finance
your purchase
How to figure out your
annual on-going costs
How to buy
new developments, off plan or old fincas and land
Tips and tricks
the experts use
How the Spanish
legal system works and how to protect your investment in
Spanish law..plus much more
Lewis summarises: "The
success of a buying a Spanish property depends on many factors, from
choosing the right finance method through to knowing where and more
importantly, where not to buy.
Spanish Property Secrets shows you all the tactics and methods
that the property experts use, to get the best returns from their
investment."
For more information, or
to buy online, visit:
www.spanish-property-secrets.co.uk |