Spain still Nº1 destination

Despite the emergence of new property markets in recent years, Spain still remains the UK's and Ireland's number 1 destination. There are around 1.2 million foreign property owners in Spain, which makes it Europe’s most popular country for second homes.

The majority of overseas buyer's are concentrated on the Mediterranean coast, and in the Balearic and Canary Islands. One of the reasons for this popularity is the cost of property which - while much higher than it once was - is still low compared to many European countries. If I had to put together a list of hotspots that offered steady, year in, year out profits, Spain would be right at the top in the number one spot, as it just keeps rolling along, year in and year out. The latest price stats for Spain show that property prices have risen on average by 6.7 per cent over the past year.  According to the Office of National Statistics, Spain is still top of the BTL investment charts and has much to offer incoming investors who invest wisely in the right locations.

Principal contributing reasons for growth:

*Political and economical stability

*Excellent infrastructure

*Geographic location

*Ease of access

*Low cost flights 

*A country steeped in History

*Diverse landscapes with magnificent mountains and beaches

*Respect for traditional family values

*Rich in Folklore, festivals and traditions

*English widely spoken

*Weather

*Spain is listed in the top 10 rated health-care systems worldwide.