Buy in Spain now, expert advises

A property expert has advised that now is a very favourable time to purchase in Spain.

Writing for the Times of the Internet, the marketing manager of spanishpropertyclub.org.uk Steven Clarke said there are four good reasons to invest now.

The first of these is that because recent sales volumes have been down and some new properties have become available after being repossessed, the level of choice available is very high.

Related to this, Mr Clarke noted, is price, with plenty of bargains and some incentives being offered as well.

In addition to this there is the tourist buy-to-let potential and the enduring attraction of the country to consider, he noted.

Mr Clarke concluded that those buying at the bottom of the market will stand to make substantial gains when Spain bounces back.

Giving its own verdict on Spain, Homes Worldwide has said that a buyer's market now exists, meaning that while it is not a good time to sell it is now a good time to buy.