(What is this?)
Home > Spain > Property > News : Long-term rental market in Spain is "superb"
Not registered?  Join IPIN now FREE   |  Forgot password?

Long-term rental market in Spain is "superb"

Article Date : Tuesday, May 01, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Spain still represents a good long-term investment, especially when it comes to the rental market, one expert has said.

Tim Hodges, local director for the County Homesearch Company in Spain, told news provider About Property that rental returns for holiday lets are "superb".

He attributes this to low interest rates and an increasingly liberalised Spanish mortgage market, while rules over illegal and low-quality builds are being tightened.

"Spain continues to have the best climate in Europe, excellent health service, frequent cheap flights and a welcoming approach to other Europeans and now could be an excellent opportunity for foreign investment," he added.

His remarks follow concerns that over-investment and excessive supply in the Spanish property market has prompted a price correction, which could cause problems for short-term investors.

However, Mr Hodges believes that this correction has been in the pipeline for some time and was evident in accepted offers made over the past few months.

"It offers clear evidence that the quality of housing stock must now be reviewed and that the issues concerning off-plan investors clouding the real marketplace must be addressed," he added.
Listing Separator

Related Articles

  1. Spain Underperformer in Euro Zone
  2. Santander's rushed rights issue is raising hackles
  3. Spain 'still attracting British investors'
  4. Property hunters 'sniffing out a Spanish bargain'
  5. Spain gets Bristol flights boost



Listing Separator

Let us search for you Let Us find Property in Spain for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Spain.
Let us searchHelp me find property in Spain


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Spain
Channel: All

More RSS FeedsGo

Prices from only 38,000 GBP

Low deposit with prices starting at just 38,000 GBP. Istanbul is one of Europe's top 2 investment locations for 2008, according to Price Waterhouse Coopers. An investment with outstanding prospects.

View Investor Report >>

View News by ChannelView News by Channel

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo