Spain 'still appealing to Britons'
Recent events in the Spanish property market have not altered the country's status as a favourite destination for UK-based property buyers, it has been claimed.
Developer Casas de Lorca told nubricks.com this week that the Spanish property market still enjoys several "strong pull factors" for British people looking to invest in a home overseas.
These factors include the warm climate, laidback lifestyle and comparatively low cost of living found in many parts of Spain.
According to the development company, Spain has also begun to benefit from the shift away from emerging markets brought about by the economic downturn.
Increased financial uncertainty means that many people are "less sure of the more untried and untested destinations", making traditional overseas property destinations such as Spain a popular choice.
Spain also continues to perform strongly in the retirement market due to the good reputation of healthcare services in the country.
Homes Overseas magazine recently stated that Spain's popularity as an investment destination has endured because of the "classic identity" of its locations.
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