British buyers may find investing in Spanish real estate is an increasingly attractive prospect as the year progresses, it has been claimed.

Mark Stucklin, head of Spanish Property Insight, explained downward price movement and the relative strength of the pound against the euro have combined to make the market more appealing to Brits.

"Now you have prices in coastal areas that are not difficult to find with a 50 per cent or more decline. The British pound is up above 1.20 [against the euro] and it looks like it is just going to head up all year," he asserted.

Research published earlier this month by Kyero revealed that potential buyers are continuing to focus their attention on well-known regions, such as Alicante and the Costa Blanca.

Mr Stucklin noted it is important to consider the location of a property when making a purchase, as assets in hard-to-reach destinations are not a sensible investment.

He added quality real estate in Spain is now entering a period of price stability and if the euro continues to weaken against the pound, British buyers may be able to find a bargain.
 

{loadposition user38} source: http://www.propertyshowrooms.com/spain/property/news/spanish-property-may-more-attractive-brits_311857.html