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Follow on Google News | International Property Investments in Spain from International Hot PropertyThe Spanish property market currently offers excellent opportunities for International property investors looking for strong capital growth in the medium term
“We have located some of the best property investments in Spain and our investments represent great value with regards to capital growth, in most cases there are up to 90% Mortgages available for the small investor. However the days of 110% mortgages in Spain are now very much s thing of the past and now the Notary has to declare that the mortgage doesn’t exceed 100% of the purchase price” explained Simon. So what type of investments and what type of investors are you likely to find in the Spanish property market? Firstly Spain has two types of investor and the first type aren’t really your traditional type of investor, they are more people looking for a good deal who can get some use out of there asset but buying at a price they can make a profit on in the medium term. The other is the serious investor who is looking to buy multiple units at the best prices with a view to doubling his money over a 3 to 5 year period and these people are in a great position to do just that. As for investments themselves we have them all over Spain but the best value for money investments at the present time is Costa del Sol in Spain because there is a huge oversupply of 2 bedroom apartments with developers and banks keen to off load at very competitive terms. The average price per unit is about €250,000 but Investment opportunities start as low as €135,000 rising up to single Villas at €1.2M that were €2.7M Simon explained further. Anyone wanting to know more details about these unique Spanish investments property opportunity should contact International Hot Property by email or phone. HQ Mailing Address: International Hot Property Gerald Brennan 46 Alhaurin El Grande 29120 Malaga Espana CONTACT VIA TELEPHONE UK: 0207 558 8355 International: Emal; info@internationalhotproperty.co.uk Webiste: http://www.internationalhotproperty.co.uk/ # # # International property brokers advising client on International property and worlwide property investments. Sourcing the best investments before they become public End
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