Spain

Spain has long been a popular holiday destination for Europeans, especially the Brits who have been buying a significant amount of property there since the 1980’s. Despite the rapid and expansive growth in global tourism since then, Spain is still the fourth most visited country in the world and has held onto its position as the number one destination for British people buying property overseas.

Geographically, Spain is perfectly positioned for most of Europe’s holiday makers. Tourists from the UK in particular can take advantage of a short flight time and use their Spanish house for a weekend getaway. Owners can realistically leave on a Friday afternoon and be relaxing in sunshine just two hours later. Then there’s the weather. Coastal Spain especially in areas southern Spain has, without doubt, one of the most consistently good climates of any European destination, which has been a huge factor in its growth into one of the worlds’ leading tourism hotspots.

It’s precisely because of Spain’s widespread popularity and accessibility that buying a property here is so attractive – prices are currently at their lowest point for a long time and some of the finance deals being offered by the banks are unlikely to be seen again. If you have ever wanted to buy an apartment in Spain, or you have money you’d like to invest in a property you can enjoy, now is arguably the time to make your move.

Spain’s property market

Spain offers a fully operational infrastructure which more embryonic property markets are yet to develop. Today, Spanish real estate is much more affordable and therefore, competitive with other European and emerging destinations. Spain is now ripe with opportunity offering high quality projects at low entry levels especially in destinations such as Murcia and Marbella.

A major effect of the economic crisis on Spain’s property market is that the country’s banks are now the nation’s largest landlords and have begun offering some extraordinary bank repossession deals for buyers looking to take advantage of discounted prices. Furthermore, investors now have peace of mind knowing their property purchase is legitimate, directly from a Bank. It’s widely agreed that prices are bottoming out with growth appearing in some regions already and that now is the time to buy.

Las Terrazas de La Torre

Las Terrazas de La Torre is an exclusive golf property resort located in Spain’s popular Costa Calida in the region of Murcia, minutes from the airport and close to several stunning beaches. Terrazas de La Torre 18 hole, 72 par Jack Nicklaus designed Golf course is part of a wider Nicklaus Golf Trail that incorporates 6 world class courses within a 25km radius. The development is also very close to the new Paramount Theme park due to open in 2015.

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