Tuesday, April 8, 2008

Spanish Costas entice property purchasers

Industry analysts revealed that Spanish costas are still trendy location for property purchasers and there is intense demand for property for sale.

Spanish property portal Kyero.com claimed that Costa Blanca itself accounted for more than 25 percent of enquiries in 2007 regarding properties in beachfront.

The beauty and stunning climate of Costa Blanca and affordable property prices are the main reason for its huge popularity among overseas investors. This region is favourite place for holiday makers and overseas retirees. A large number of British expatriates have already homes in this region which speaks out for the fact of its popularity.

Martin Dell, managing director highlighted the appeal of Costas and indicated about the variety of properties it offers to property purchasers. However, he also recommended property purchasers to check the other factors like accessibility, amenities when purchasing the property.

The recent survey by Kyero.com confirmed Spain as a whole is proving to be particularly popular among expats from the British Isles. More than 750,000 of Brits own property in Spain and around 160,000 Brits have settled there permanently.

The website said that the gorgeous beaches, exciting nightlife, British food, English TV channels and harmonious relationship with Britain which makes Spain a popular destination for Brits.

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