MURCIA PROPERTY SALES OUT PERFORM TREND
Having bottomed out Spain's property market is perfectly placed in the recovery position. With the trend now showing an upwards direction the Murcia region is blazing a path.
According to the National Institute of Statistics 1,308 Spanish properties changed ownership in June; the national average is 99 homes changing hands in the same period.
Low prices are fuelling demand but this is unlikely to complete the picture. Both Murcia and the Southern Costa Blanca region are now regarded as hotspots, not just for the weather but for property investment.
Valda Cerina who heads the Baltic States and Russian-speaking section of southerncomfit.com property sales, says; “There is evidence of a universal whispering campaign. It is perhaps based on a gut feeling that this region is well placed to pioneer recovery.
Investors looking for high returns will find it difficult to find comparable locations.”
One buyer in Camposol says there were two other telephone enquiries for their chosen property while they were in their estate agent's office putting the finishing touches to the deal.
The decision by Paramount to rubber stamp the long awaited theme park has added investor and holiday home interest.
Whilst there is still speculation as to its funding confidence remains high based on Paramount's vote of confidence in the region.
Mike Walsh
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Filed under: http://www.theleader.info/article/25172/Home Insurance | Spanish Home Insurance | Home Insurance in Spain | Spanish Property | Spain Property | Spanish Real Estate | Spain Real Estate
