Any investor likes to think they’re getting something at a good price, so it’s welcome news that Spain is one of the most attractive property markets for real estate investors internationally. That’s quite an achievement for a country that some financial journalists had written off not so long ago.
Whilst those of us working in the local Marbella market know that there are some fabulous bargains to be had right across the different property price brackets, our claims have now been supported by the report ‘Winning in Growth Cities’ from Cushman & Wakefield, a respected commercial real estate specialist.
The report’s findings claim that Madrid and Barcelona are ranked 16th and 17th among the top 20 cities of the world for investment in real estate. The report looks at the largest and fastest growing world cities in relation to the international real estate market in terms of attractiveness for investors.
According to Cushman & Wakefield, Spain is a particularly interesting market right now because of the recent improvement in the economy combined with an increase in property demand and appealing property prices. Oriol Barrachina, the managing partner at the firm’s Spanish office, as reported recently in the Euro Weekly News, says “The investors’ levels of trust in our country have increased rapidly this year, especially in its real estate market,” to which he added, “This is the right time to invest.”
For investors, Spain’s downwards revision of capital values to the tune of 40% -50%, depending on assets, is a bonus. In addition, there is a growing perception that Spain presents fewer risks now than even a year ago, rising to very acceptable investor risk levels.
At Altavista Property we can show you some excellent investment opportunities in the Marbella area. Please visit or contact us so we can show you just how good they are.