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Spanish buyers must do research

Article Date : 22 January 2009       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

Overseas property investors have been urged to research their locations thoroughly when looking to buy in Spain.

Bruce Wilson, tax partner with chartered accountant Campbell Dallas, said that prospective investors should make sure they "get very good local advice and do your research" before making a decision.

He explained that several aspects of the buying process in Spain may be unfamiliar to investors based in the UK, making careful research particularly important.

"It's a different culture, different rules, different laws … It's just a different way of doing it," Mr Wilson commented.

Low-cost airline Ryanair recently revealed plans to launch a new route between Bristol and Alicante from July, making southern Spain even more accessible to property buyers.

Meanwhile, easyJet has announced that its passenger numbers at Malaga Airport increased by 16.7% last year, with over 2.1 million people travelling through the airport with the carrier.

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Article provided by Ready2invest.co.uk.
Read the full article here: http://www.ready2invest.co.uk/news-and-publications/news-articles/spanish-buyers-must-do-research-220109.aspx

DISCLAIMER: The opinions expressed here are the views of the author of this news item and do not necessarily reflect the views and opinions of Propertyshowrooms.com.
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