Bargain properties available in Spain
19.05.2009
People looking to invest in property in Spain can benefit from a host of bargain homes on the market, according to a property consultancy.
James Gonzalez, market analyst at Obelisk Investment Property, says many potential buyers are looking at new avenues for buying property in Spain, such as acquiring homes straight from the builder.
"The best scenario currently for the investor looking for cheap properties in Spain is to look in small finished developments being sold directly by the developer," he states.
Gonzalez said that, in this case, the developer already has the First Occupation Licence for the property and so may be looking to sell the remaining units to ensure occupation of the estate.
According to Gonzales, investors can also benefit from a host of bargain property in Spain's southern regions, which include Alicante, Murcia and Malaga.
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