Scorching Spain still hot for investors

Released on = January 31, 2007, 9:01 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = With temperatures in 2006 reaching the highest on record
since the 1950's, areas of Spain maintained a warm 20 degrees for most of the year.

Press Release Body = With temperatures in 2006 reaching the highest on record since
the 1950's, areas of Spain maintained a warm 20 degrees for most of the year. Paul
Cooper, Director of Principal International, one of the UK's leading property
investment experts, is quoted as saying "These warm climates continue to entice the
overseas investor, they almost guarantee the rental returns from holidaymaking
Europeans especially the Brits." This keeps investors coming back here year after
year despite the lure of Spain's much talked about Eastern European neighbours.

Development in past years in Spain has very typically been the detached villa style
accomodation, mostly for the second home buyer market, but with the demand for more
volume, developers have responded to the supply issues and we are now seeing more
luxury apartment complexes becoming available confirms Paul Cooper.

This offers more flexibility and appeals to a wider audience. It is inevitable that
investors will see this an opportunity and with the prices still remaining lower
than in the UK, apartments are expecetd to give one of the best returns on
investment.

The shrewd investor is moving away from buying on the costal areas where prices are
still achieving a premium and looking for more inland opportunities. The traditional
whitewashed Spanish towns are being sought out and the apartments here are proving
easier to sell and rent out.

With prices in the UK pushing out the first time buyers, Principal International can
offer this section of the market an opportunity to jump on the property ladder. With
villas and apartments for sale, the dream of owning property abroad doesn't have to
be that far away, for a selection of properties available see the website for
details http://www.principalinternational.co.uk/register.php.

In addition a number of low cost finance packages are coming onto the market from
the trusted high street lenders, and this as well as the recently announced cut in
Euro rate mortgages widens the buyers market.

If you are looking for your Spanish investment property then see our selection at
www.principalinternational.co.uk or contact us on 0800 038 0000.

Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

+441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk

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