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Stronger pound makes property in Spain more attractive
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Astheeurocontinuestoweakenagainstthepound,overseaspropertyinSpainwillbecomemoreattractivetoBritishbuyers.

MarkStucklin,headofadvicewebsiteSpanishPropertyInsight,saidpricesinSpainhavetakenlongertoadjustdownwardthanothercountriesandthiswascompoundedbyaweakpound.

However,Spain'sfortunesasanattractivepropertyinvestmentdestinationareexpectedtoimprovein2012.

AccordingtoMrStucklin,thepoundisalreadyridingat1.20againsttheeuro"anditlookslikeitisjustgoingtoheadupallyear".

"Ithinkwearenowin[aperiodof]pricestabilityand,withtheeurogettingcheapercomparedtothepound,thatwillmeanthatitgetsmoreinterestingforBritishbuyers,"headded,describing2012asa"keyyear".

AnnaNicholas,aMallorca-basedjournalistandauthor,haspreviouslyhighlightedthatMalagaandAndalucíaofferahostoffacilitieslookingtostartanewlifeinthesun,alongsideAlicanteandtheCostaBrava.

ForthoselookingforthebestSpainhastoofferinasmallarea,sherecommendedlookingforpropertyinMallorca.
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