Spain’s property market on the increase

It’s official – Spain’s property market is on the increase. According to a recent property market report, residential property prices rose an average of 6.7 per cent across Spain, and of course it’s good news for investors that prices are rising but these numbers actually show something a little more impressive.

This is compounded by the fact that there are limited investment opportunities elsewhere, savings are weak due to the aforementioned low interest rates. Investing in property has historically been one of the safest and soundest strategies for return on investment. With the Central Bank of Spain forecasting a 10.5 per cent return on residential properties now is the perfect time to invest in your dream home.

Firstly, that this is not just a blip: 2018 was the fifth consecutive year of increases in property values, but secondly, and crucially, the rise was the largest increase in a year since 2007. With prices returning to the kind of highs seen before the financial crises, value looks set to grow further. Investing in 2020 should see you with a property that will continue to grow.

An end to Brexit uncertainty? 

It may be the case that 2020, Brexit will have been resolved. If this does happen markets may begin to stabilise, and there will be far less volatility, for example in currencies. Understanding the costs can make it easier for investors to feel comfortable.


Ideal for first-time buyers abroad 

If you are considering investing in property abroad for the first time. Spain is a great choice. There is a large ex-pat community of Brits living in Spain you will find it very easy to get settled in. The cost of living is low, the weather is warm and sunny and as we have established, property values are rising.


A huge variety of options

Another great reason to choose Spain is that there are simply so many fantastic places to live here. Many ex-pats choose the Costa del Sol for its beaches and sunshine – and who wouldn’t be tempted by Costa Blanca, Marbella. But there are also fantastic cities such as Barcelona and capital Madrid.