Over 50`s favour Spain as investment and second home

Released on = February 9, 2007, 1:34 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Research recently carried out in the UK by an overseas
property agent and SAGA found that half of those people over 50 that were surveyed
would definitely consider buying abroad in Europe and predominantly in Spain.



Press Release Body = 50% of this sector of the market would buy a home to retire to
and the remaining would do so as an investment or second holiday home.

The key factors influencing their decision are the close proximity to the UK when
considering what area to buy in, as they are able to see and feel their investment
more easily, the climate advantages that Spain has to offer and the slower pace of
life.

When considering buying a retirement or holiday home, SAGA found they were cautious
of potential legal complications and would only consider purchasing through a
trusted agent.

Simon Ryeland, Director of Principal International, a leading overseas property
investment company confirms that they a have wealth of both professional and
personal experience in assisting with such purchases. They currently have a number
of properties available in the Costa del Sol, Almeria and Murcia, and with prices
starting from as little as 179,000 Euros for a 2 bedroom apartment, the
opportunities for investment and retirement are undoubtedly good.

With the continuous steady price rises and the stable economy that Spain has to
offer, it remains as one of the favoured destinations where an investment is at its
safest. The coastal resorts have historically been where most Brits would buy, but
the more inland traditional Spanish towns are now becoming more popular.

Principal International have recently announced a partnership with a leading
developer to sell luxury apartments in Competa on the Costa del Sol. These 1, 2 and
3 bedroom apartments are being sold off plan at extremely competitive prices. For
more information investors should register their details at
http://www.principalinternational.co.uk/register.php


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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