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Murcia tipped as next property hotspot

Article Date : Monday, July 23, 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's next real estate boom region will be in Murcia, according to various reports.

The area is already enjoying significant investment in infrastructure and could offer a real alternative to the busier and more expensive Costa del Sol, claims the Daily Mail.

Murcia has around 180 miles of stunning coastline that remains unspoilt and also enjoys a very favourable climate making it ideal for various holiday investment projects and developments.

In some cases, property can be around 50 per cent cheaper than other regions of Spain and this means investors are quickly showing interest in the region as an alterative to the escalating prices elsewhere.

Developers have already started work on a number of high-profile developments such as a golf course and shopping mall that are expected to boost potential returns and rental yields even higher over the coming years.

Murcia also has two international airports nearby that are quickly developing into busy stop-offs for overseas holidaymakers, especially as the range of low-cost flights on offer to the region from the UK increase.
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