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Costa del Sol hailed for property opportunities
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The Costa del Sol is offering a wide range of bargains in the wake of the recent decline in Spanish property prices, it has been stated.

Overseas investment firm Spanish Hot Property said this situation has created a large number of "real property bargains in Costa del Sol that is there for everybody to take advantage of", something it has said includes "easily the best deals this century" for investors in the area.

Marketing and operations manager Susana Suspenda noted that the kind of deals her company now offers include an apartment that was worth €340,000 (£319,000) last year and is now on offer for €200,000, plus a penthouse down by €170,000 in 12 months to €311,000.

A recent survey indicated that 1.4 million Britons are keen to buy property in the next year.

The Homes Overseas study found that 24.9 per cent of these would prefer to buy in Spain.
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Date Published: 26 January 2009

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