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Spanish buy-to-let market 'still healthy'

Article Date : Wednesday, November 28, 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

The market for buy-to-let investment in Spain continues to thrive, according to a property specialist.

James Dearsley of Atlas International said that there are many options for those who want to buy an investment property in the Mediterranean country, as it offers "a very different style" to that of the UK.

"In Spain, you've got the option of that longer-term letting, which is either ex-pats who want to move out there but want to rent first, but the more prevalent, flexible and lucrative option is short-term letting," he explained.

Additionally, Mr Dearsley said that the property market in Spain "is only ever increasing" because there are so many low-cost airlines that fly there and the journey is so short.

Murcia has been the highest-performing area of the Spanish property market over the past 12 months, according to a report by Spanish Property Insight.
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