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Invest in Murcia - as safe as bricks and mortar

Given the under performance in the Stock Market over recent years and the fact that many experts suggest that this downturn may continue for some time to come, the best property investments opportunities are a great way to either balance your portfolio, invest for your retirement or, if you so desire, to speculate.

Rental yields of 5-12% pa are quite possible, even in a static or falling market. In addition, capital gains of 40-50% pa or more, through geared investment in property hot spots, are quite possible in a growth market.The introduction of the euro prompted many Europeans to use undeclared paper money to invest in property in Spain before the end of their old currencies, which in turn led to a surge in property prices. Subsequently, German purchases have dropped by around 75%, partly as a reflection of their weak national economy. The British, however, continue to buy, their confidence buoyed by the soaring value of their property back in the UK.

Following the introduction of the Euro, the risks associated with fluctuations in currency exchange have diminished severely. As a result, buyers with purchasing power have incentive to buy.

The single market of the Euro allows price comparisons across Europe and this facilitates easy transfer of money across Europe. Continued low interest rates in Europe make borrowing for property purchase in general easily affordable.

WHY Invest in MURCIA?

Located at the south east corner of the Iberian peninsula - Costa Calida. The up and coming Costa Calida is one of the fastest developing areas of the southern Spanish coastline. Blessed with an exceptionally mild climate. It is known as the garden of Spain producing a variety of fruit and vegetables.

Murcia is the ninth largest of the Spanish autonomous communities and has an emerging property economy. The area is a very attractive location for investors as it is the focus of a 1 billion government development initiative. During the past few years, the area has experienced a tremendous increase in tourism. Some of the largest developments in Europe are planned here - on a scale to rival Marbella and Puerto Banus

The road infrastructure in Murcia has improved greatly in recent years. The proximity of Alicante international airport and San Javier airport (soon to be replaced by the new international airport at Corvera), with flights from the main Spanish and European cities provides rapid access to all regions of Murcia.

Unspoilt coastline, made up of small inlets, coves sandy beaches and national parks, here are some of Spain's best kept secrets. So for the discerning buyer, the area still has the opportunity to buy properties at very reasonable prices - but don't wait to long!

 


 

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