Real estate on Spain's coast 'may be a top investment choice'

There are certain areas on the coast of Spain that are ideal for people seeking a property investment, it has been claimed.

International Property Success recently highlighted Marbella as a good destination to consider, thanks to the large amount of investment currently being ploughed into the region.

Meanwhile, Spanish property prices here remain approximately 20 to 30 per cent lower than the original asking price, while new development means the resort has the scope for growth.

The firm stated the value of real estate in Marbella will "definitely change" as the developments are completed over the coming years.

Another Spanish coastal location to consider is Murcia, according to the organisation, which noted the opening of a new Paramount theme park in 2015 is expected to attract around four million visitors in its first year of operation.

Director at the company Jon Ainge commented: "Prices have come down to the point where ordinary investors can buy some fantastic properties on the Spanish coast."

Murcia-based estate agent Chris Mercer believes the Paramount theme park will have a positive impact on the region, and expects the value of homes and apartments in the area to rise once the attraction opens.

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