Released on: February 22, 2008, 12:10 pm

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: With the overall Spanish market haven taken a few hits of
late, with the end of the boom years last year followed by the credit crunch and the
bad publicity over the demolition of illegally built homes in a few areas

Press Release Body: With the overall Spanish market haven taken a few hits of late,
with the end of the boom years last year followed by the credit crunch and the bad
publicity over the demolition of illegally built homes in a few areas. But, it
seems, there are still plenty of good places in which to invest.

Murcia is one place that has been mentioned more than just occasionally of late.
While the going may not be so good on the crowded costas where investors have been
pouring in for many years, up and coming markets in such locations may be the best
bet now, experts have suggested.

Recently, for example, Paul Collins, overseas property editor and investor magazine
BuyAssociation, said: \"Have a look at up-and-coming cities - places like Murcia
property Spain, which is becoming much more important because of the new
international airport that has just opened.\" Noting these remarks, Homes Worldwide
added that another location soon to get an airport is Huelva, an area which borders
the Portuguese Algarve region and can therefore bring in tourists for both Iberian
countries.

Having an airport, of course, is vital for tourism, particularly from Britain. New
statistics from Spanish property portal Kyero.com have noted that Murcia has already
seen positive trends taking shape. Last year brought an 18 per cent rise in tourist
numbers and a four per cent increase in house prices. With Europe\'s largest salt
lake - Mar Menor - and high average temperatures the area is already attractive for
tourists, but it is buy-to-let investors who may be most interested in the potential
of Murcia to grow and provide them with an increasing rental market.

Murcia is also offering bargains at present, with the average house price in 2007
there €212,000 (£157,000), compared with a national average of €245,000, according
to Kyero.

Therefore, Murcia may offer an ideal set of combinations for investors. It has low
prices but an upward trend in value, offering the prospect to buy low and resell
high. It has the scenery, beaches and climate. In addition to the airport, there are
other new transport developments as well, not least the forthcoming construction of
a high-speed rail link which will connect the city with Madrid and Valencia.

In the latter case, this could allow people staying in Murcia to take a trip to see
major yachting events after Valencia\'s hosting of the 2007 Americas Cup led to the
creation of a multi-million euro marina, or the European Grand Prix which will be
held at the city\'s street circuit each year from 2008 to 2014.

Many fearing for the future prospects of the Spanish property industry may have
hoped for a bit of mercy. Better than that, they have Murcia.

In today\'s world Property investment is an excellent investment option especially
investment in UK

Web Site: http://spain.assetz.co.uk

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