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The Luxury end of the Spanish property market is now in demand
UK buyers are returning to the Spain market to buy high quality properties, suggest experts at the Manchester Evening News.
Unlike the distressed sales of low quality abandoned projects, the demand for quality developments is growing. Experts have noted a 24% increase in interest in the first 5 months of 2011 compared with the same period last year, with company director Kim Brown explaining to A Place in the Sun that the country’s weather, lifestyle and established expatriate community seem to be the main reasons for its enduring appeal.
While the low quality end of the market is still in crisis, with Spanish ministers touring Europe in a bid to encourage sales, when it comes to the luxury end its a much better situation. However, buyers are much more savvy compared with the years prior to the economic downturn. Looking for developments with security and other additional benefits.
http://www.spanish-holidays-ltd.co.uk/Costa-Calida/Mazarron.htm