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How To Find Property For Sale In Spain
Spain still continues to draw buyers from Britain seeking a holiday home or new life in the sun like nowhere else on in the World. Costa Azahar property remain as popular as ever- and now that property prices have dropped in many areas of Southern Spain the dream is within easier reach - if you ve got the finances.
No one can pretend that the Costa Azahar housing market is in good health right now, with estimates of well over two million homes where construction has commenced but never finished, and many thousands more bought and then taken back by the banks.
Even the Spanish leader had to accept an asking price in late 2011 for his weekend property in Almeria of almost 40 percent below what he paid at the height of the market in 2007.
But this is wonderful news for new buyers of Costa Azahar – and it s quite clear that the appetite for a home in Spain is as strong as ever – especially for permanent relocation. And let s not forget it was bargain house prices that attracted so many Germans and other European nations to Spain for the past fifty years – along with the sandy beaches, sun, cheap flights and sangria.
For those seeking a house in more authentic Spain, there are hill-top white villages, Moorish wonders such as the Alhambra palace and the coolest of cities: Valencia, the home of the Spanish Formula One Grand Prix.
And while there are pockets of empty properties in some areas around Murcia and the Costa del Sol, there are still plenty of highly desirable areas where prices have stayed high, especially the Balearic Islands (with Mallorca and Ibiza amongst the world s top 50 most expensive residential areas), Marbella, the northern stretch of the Costa Blanca, and the Costa Azahar.
And the good news is that now the Spanish banks are offering very generous financing for homes in Costa Azahar in an effort to shift the legions of discounted repossessed properties on their books.
Article Source: Articles For Knowledge Sharing
About the Author
Simon Creed is the owner of Azahar Properties in the Valencia region of Spain http://www.azaharproperties.com
Read more about Property for sale in Valencia
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Date: Mon, 23 Sep 2013 -
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