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Infrastructure investment 'reveals potential'

Article Date : Wednesday, June 13, 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

Investment in infrastructure in a number of regions in Spain could provide a number of opportunities for overseas property investors, according to one expert.

Mark Stucklin of Spanishpropertyinsight.com said that such large projects are "opening up" areas with the creation of new airports and rail links.

"That usually tends to involve a circle of increasing property prices in the area of the new infrastructure project," he remarked.

Demand for property in these areas could increase, he suggested, stating that the successful property investment in Spain often depends on local knowledge.

Earlier this month, HiFX reported that Spain remains a popular destination for property investors, with 27 per cent of all enquires it received relating to the country.

However, in light of recent reports of a market correction, Mark Bodega, marketing director at the firm, urged investors to "cut through the current hype" and choose their investment property carefully.
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