Spain 'still has untapped regions for property investors to exploit'
Despite the overdevelopment associated with some areas of Spain, it is still possible for property investors to target relatively untapped areas of the country, according to one Spanish property expert.
Mark Stucklin of Spanishpropertyinsight.com said that investors should try and find out where the "big infrastructure projects" are planned, such as new airports, rail links and roads.
He explained that these schemes often precede rising property prices in the area as demand increases, such as in Costa del Azahar, where an airport has been built on the coast.
"There are places in Spain where that is happening right now... The key to successful investing in Spain in the future will be all about local knowledge," remarked Mr Stucklin.
He concluded by saying that Spain should not be seen as a place in which to make fast returns on investors' capital, but rather a good place to buy a holiday home.
Recently, HiFX's Mark Bodega said that Spain would always remain a popular holiday destination, making a holiday home for rental purposes a popular investment choice.
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