Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
Find Property For Sale in:

E.g. "Marbella" or "Manchester". Looking for more search options?
 
Secure Exit Strategy


Property in Spain 'most attractive investment it's ever been'

Date : (News Section: Spain)

Share
Property in Spain 'most attractive investment it's ever been' Buying a property in Spain is a more attractive proposition now than it ever has been.

So says Marc Pritchard, sales and marketing director of Taylor Wimpey de Espana, who stressed potential buyers should look at the merits of the market at present and "strike while the iron is hot".

"A favourable exchange rate between sterling and the euro combined with Spain's dip in real estate prices have meant that Spanish property is more attractive to buyers than ever before," he asserted.

Mr Pritchard also highlighted another reason to make a purchase now, rather than waiting - a potential tax increase which could come into force from next January.

He revealed value-added tax on real estate transactions, which currently stands at four per cent, may rise to ten per cent at the start of 2013.

Last month, director of international mortgage specialist Conti Clare Nessling told This is Money that Spanish property is a good long-term investment because the market is at its bottom and is expected to improve in the coming years.
 

Article by +James Roberts on behalf of Propertyshowrooms.com News Desk ()

You may also like to read...


Got something to say? Get involved


Related Articles

  1. Costa del Sol witnessing foreign buyer resurgence
  2. Tourist numbers strong in Alicante
  3. Sareb sales creating 'negative view' of property market
  4. Spanish industrial production up - is property far behind?
  5. Mariano Rajoy: Spain is making progress



Let us search for you Let Us find Property in Spain for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Spain.
Let us searchHelp me find property in Spain
Distressed Sales in Spain

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Spain
Channel: All

More RSS FeedsGo

View News by ChannelProperty News in Spain

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo