Prices for properties in Spain have been rising at a steady rate recently. Both new build and second-hand propertites have increased in value. Prices across Spain have increased by 12.4% on average, though growth is still concentrated around Madrid and Cataluña. Overall, prices on a national level are still 34.1% below the highest ever recorded in 2007. According to reports, Andalucia has had a 5.2% residencial property price rise in the first quarter of 2009, slightly above the national average. Regardless of the outcome of Brexit, British buyers can take advantage of investing in a property in Spain for much less than the domestic real estate market in the UK. Whether you are looking to relocate permanently or just looking for a holiday home, the option to buy a property in Spain in the current climate makes for a sound long-term investment.
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