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spanish flag Spain

Introduction

Spain is located in south western Europe and shares borders with Portugal, France, Gibraltar, Andorra and Morocco (Ceuta). The country is one of the most popular locations for package holidays and boasts over 300 days of sunshine per year.

Property investors have been quick to take advantage of the excellent climate and naturally beautiful landscape of Spain and as such there are no lack of property developments to choose from. This can be however, seen as a positive or a negative depending on your viewpoint. A number of the popular hotspots such as the Costa's are very heavily built up and in some respects have lost their traditionally Spanish characteristics in favour of mass tourism.

Property pricing is on the high side due to the excellent climate and strong infrastructure and reports have shown that over the last 20 years, property prices in Spain have grown faster than any other country in the world.

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