Investors confident about Spanish property market

Spain remains the most popular destination for individuals looking to buy property abroad, according to a recent survey by the Worldwide Property Group.

More than a third of respondents to the study claimed that they felt now was a good time to purchase real estate in Spain.

The US also ranked highly with one in five stating their interest in American property.

Commenting on the survey, Kevin Wilkes, managing director of the Worldwide Property Group, said: "Around the world many locations such as Spain and the US now offer rock bottom prices, leading to resurgence in their popularity with buyers.

"I fully anticipate that the increased interest in property will not only continue into next year but will increase substantially as the year progresses."

Currently, individuals may want to take advantage of the large amount of distressed property which is available on the market.

The US also ranked highly with one in five stating their interest in American property.

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