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Spain set to see additional interest from investors

Article Date : Wednesday, March 05, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Spain is likely to attract renewed interest from overseas property buyers, an expert has predicted.

Nicola Christie of NuBricks.com stated that major Spanish cities and coastal resorts have traditionally been the focus of interest from foreign buyers.

However, she said the incremental roll-out of new high-speed rail links across the country could help change investors' preferences.

A service between Madrid and Barcelona has just been launched, which means that towns along the route will now be much more easily accessible.

Therefore, it is possible that property buyers could start considering parts of the country that have, until now, been "effectively out of bounds".

Ms Christie commented: "News of yet more links to come over the next four years should ensure that more and more of the Spanish countryside is opened up."

According to Holiday-Rentals, 31 per cent of British-owned holiday homes in Europe are located in Spain.
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