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Friday 29 July 2011

Spain, great place to invest

During the last three decades, hundreds of thousands of Britons have purchased property in Spain. Nonetheless, a surplus of villas and apartments has spawned due to mortgage defaults from British buyers. By noting the declining property prices during the month of June, according to valuation and consulting firm Tinsa's latest General IMIE (Spanish Property Market Index) report, one can see the opportunity to purchase Spanish property at a low price. This is why British investors are continuing to invest in the Spanish real estate market.

Along the Mediterranean coast, the Balearic and Canary Island archipelagos are amongst the most popular tourist and investment attractions in Spain. The Balearic Islands feature Mallorca, Menorca, Ibiza, and Formentera. With its Opera House, Mallorca offers a stately and elegant experience, while King Juan Carlos’ castle sits in Palma. Menorca offers a drier climate than the aforementioned Mallorca, in addition to cool breezes.
The Canary Islands offer the best climate of Europe, never cold and never too warm. The archipelago offers important natural attractions, especially Teide National Park and Mount Teide (the third largest volcano in the world), and its beaches which are considered as one of the most beautiful of Spain make it a major tourist destination, with over 12 million visitors per year, especially in Tenerife, Gran Canaria, Lanzarote and Fuerteventura.

Despite the falling prices of property in Spain, Spain’s status as an advanced Western European country renders it a safe investment, as it continues on Europe’s path to economic recovery. As Spain will continue to have superb weather and a developed economy, to buy Spanish property would be the epitome of the much heeded advice: “Buy low, Sell high.”

So if you are interested in buying or renting a property, GoldAcre Estates offers the largest selection of properties in Canary Islands, Spain. So if you want to find the home that meets your dream come and visit us. We will take care of everything

If you need more information about us please contact, call 0034 928535044, browse options or visit

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