Spanish bargains recommended to investors

Foreign property investors are being encouraged to enter the Spanish housing market, despite ongoing financial problems in the country.

According to Homes Worldwide, the rate of house price inflation on property in Malaga province is beginning to decline, while other parts of the Costa del Sol have experienced a drop in prices.

However, the news provider has stated that this could potentially represent a good window of opportunity for investment buyers, as prices in the region are now fairly low.

The website commented: "You could find yourself paying rock bottom prices for a dream property, just as its value begins to rocket."

Homes Worldwide added that now could be the "perfect time" for property buyers to make a "savvy" investment.

This echoes recent advice from the Independent, which said that no property downturn "lasts forever".

The newspaper recommended that investors consider purchasing a bargain property before the housing market picks up again.