Spanish property investment

HiFX, a Spanish foreign exchange company have released details suggesting that Spain is still the favourite destination for property investment abroad. There have been a number of share price collapses in Spanish property firms recently which have fuelled speculation that there will be a market crash. However property experts believe that this is more hype than based on anything factual.

A few parts of Spain have seen a decrease in property investment, which could be termed a ‘slow down’ but one could suggest that investors who were willing to do their research properly may make a profit from these areas. However we are talking mid to long term, not in the next few months.

Mark Bodega of HiFX was quick to point out that although some areas of the country had suffered in recent months due to oversupply other areas "still have much to offer". With the abundance of low cost airline flights which continue to serve Spain, it looks certain to remain as a holiday favourite for some time to come, and thus buying a holiday home to rent, would not be a bad bet, especially in the less subscribed areas.

Simple Property Investments expert, Ros is just as quick to point out that “investing in homes in the UK can also be considered a good bet especially is proper research is conducted and potential property yields calculated”. In addition she mentioned the impending launch of a property area report, which would soon be launched, in order to bring together all of the information available for a current post code.