The Spanish property market is one of ups and downs. The country has long been a favourite of those looking for second homes, especially UK investors. In 2006, the country was the second most popular destination in holiday makers.
One problem within the country is the economy, which is dependent on the construction market (which has seen the largest drop in many years). According to reports, it is sometimes best to ensure the market stabilises here before investing.
Yet there are some opportunities in Spain, especially Spain's Costas. The coast line is very diverse and offers many exciting opportunities for those looking for a second home or a location to spend your holiday.
Some of the best for investments include Costa Blanca, Costa del Sol and Costa Brava. These have high property prices yet they are located right on the coastline, making them quite attractive.
For the lowest property prices, investors should look along the cost to Costa Verde. This is located in the Asturias province in the northern area of Spain. This is a lesser developed location which means that property here is going to be affordable and exquisite. The average piece of property here is €156,000, which is 36% lower than the Spanish average.
