Early investment in Spain is recommended

Individuals looking to invest in Spanish property should do so in the early part of 2010, it has been suggested by a property expert.

Des Rowson, spokesperson for Spain at the National Association of Estate Agents International (NAEA), believes that investors should buy quickly to capitalise on rising house prices in the country.

He concedes that the Spanish market endured a difficult 2009, but highlighted the fact that bargains are still available.

Mr Rowson stated that it was unlikely there would be a considerable change in the market until the GBP strengthened and confidence returned among purchasers, but noted that house prices are expected to rise around three per cent over the course of the year.

"So if you are thinking of purchasing a property, do so in the early part of 2010," he noted.

The comments come after NAEA released their predictions for the global property market in the next 12 months.

According to property portal Property Abroad, Spain was the most popular destination for investors in 2009.