Should I Invest in property in Spain?
So if you had any doubts before whether or not now was the right time to purchase a property in Spain as an investment your worries should be no more. Recent news of multi-billionaire Bill Gates investing over $100 million in the Spanish construction giant FCC should at least be of some reassurance.
News of Spains tourist industry hitting new heights has certainly raised the Costa del Sols profiles since the end of the summer, with other A list celebrities also purchasing property on the sunshine coast.
Particular property in the middle to high end of the market has seen particularly large price drops. Examples of 3 and 4 bedroom villas being sold for 300-600k in areas such as Estepona, Riviera del Sol and even San Pedro de Alcantara has been enough to prick investors ears up once again. The short lived holiday romance some Brits found with Turkey and Greece has passed, and holiday makers and coming back in their thousands to the Spain that they know so well.
We have scouted the internet to find some of our top picks on bargain villas to invest in Marbella and the Costa del Sol:
1.
From leading Real Estate Agents at Marbellapads.com:
Located in the up market resort of La Quinta Golf Resort, home to many TV personalities and celebrities, lies this incomplete Villa for sale priced at just 300,000 euros.
Here you get a 4 bedroom detached villa with a private plot of approx 900 squared meters.
Details can be found here:
2.
From up market firm located in Nueva Andalucia - Mibro International - comes this offering of a light and airy 2 bedroom apartment in El Paraiso, which is perfectly situated for rentals due to its proximity to amenities, golf and Marbella center. Priced: 99,000 euros.
For more details on this property click here
3.
Located in Mijas Costa, the coastal town just 20 minuets from Malaga Airport, is this detached large private villa with 3 bedrooms and its own private pool for just 250,000 euros. Quite unbelievable when you think these were actually selling for way over double that price before the recession.
You can see this property here.
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