Buying property in Spain is a 'wise investment'

There are some great deals available for buyers looking to purchase property in Spain at the moment, it has been suggested.

Indeed, potential homeowners have been told that at present there are some good deals on offer across the market, Les Calvert, director at Property-Abroad.com, has claimed.

In particular, the real estate expert noted that that the Costa de la Luz is currently offering some favourable prices as it is still an up-and-coming region of the country.

His comments come in the wake of recent figures published by Tinsa which revealed that the country saw prices fall by 4.6 per cent in the 12 months to October 2010.

Furthermore, prices in the Canary Islands and the Balearics fell by an average of 5.5 per cent.

"You could pick up something really cheap in one of the popular areas of Spain and from an investment point of view that would be a wise investment," Mr Calvert added.

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