The past few years have been sobering for global property. Falling house prices have torpedoed buy-to-let markets all over the world. But millions of Britons are still tempted by the dream of buying a property in the sun, spending their holidays there and converting it into a nice little earner in their old age. Sinking hard cash into an overseas property always comes with risks. Yet there are a number of destinations where investing now looks far more attractive than 12 months ago. Some markets that nosedived – for example, Spain – show signs of bottoming out, and offer good value again and Marbella is one of the 20 hot spots where investors in all price brackets can find good value in 2014.
The downturn in the Spanish property market has been well documented, and any green shoots of recovery are coming slowly. But it would be logical to expect the top end of the Spanish market to pick up more quickly than the country’s market as a whole.
My Concierge Marbella, your advisor in Costal del Sol for your investment
*Sources taken from The Telegraph UK