Overseas Health insurance News: Spanish property 'is a buyer's market' - Sign up to our mailing list
best live chat
Quick Quote
  • (inc. country & area code)
  • Please note this service is only available during London office hours. If your call is urgent we will endeavour to get back to you at the earliest possible opportunity.
  • This field is for validation purposes and should be left unchanged.

Overseas Health insurance News: Spanish property 'is a buyer's market'

Expat insurance customers may wish to consider relocating abroad to Spain and buying real estate in the country, as certain places are said to be buyers' markets.

Mark Stucklin, head of Spanish Property Insight, highlighted the Costa del Sol, Costa Blanca and Alicante as some of these key locations.

However, a lot of the buildings up for sale in the nation are overpriced, so people have to research the country beforehand, he asserted.

The specialist suggested purchasing a dwelling in districts that have a good range of services and amenities, as this is where members of the public "will want to buy".

Customers can be "picky and fussy" about the accommodation they select because of the state of the market, Mr Stucklin continued.

Recent information from the National Statistics Institute of Spain revealed the typical mortgage value in the country has reached €109,662 (£91,800) in November 2011, representing a 4.5 per cent annual decline.

Moving abroad? Get a free quote for your international medical insurance online.
© Expatriate Healthcare ADNFCR-1788-ID-801276920-ADNFCR

Share on FacebookTweet about this on TwitterShare on LinkedInShare on Google+Email this to someone
South AmericaNorth AmericaAfricaAustralia & New ZealandAsiaEurope