Value for money, high quality and plenty of choice makes Spain a fine real estate investment destination.

Value for money, high quality and plenty of choice makes Spain a fine real estate investment destination.

It is easy to focus on the fantastic lifestyle attractions that make Spain such a popular choice for people wishing to buy a second home or overseas property.

Thanks to Spain’s excellent climate, its stunning cities, varied terrain and superb selection of beaches and beach resorts, imagining a new life in Spain is almost as easy as making it a reality: with cheap flights and plentiful property choices, thousands of sun-starved northern Europeans have already turned their dreams into reality by purchasing a home in Spain…


However, the sheer variety and value-for-money represented by Spanish property also means that the market is a hotbed for the more hard-nosed investor; the type who wants a safe place for their money, with sensible returns.

For a long while, it was the UK that was the preferred destination of choice for career investors looking to park their wealth in property. But with the uncertainty surrounding Brexit, the UK’s reputation as a strong and stable safe haven is beginning to unravel – with the property markets of Spain and Germany instead attracting attention.

According to a Knight Frank poll of 148 leading real estate investors that control more than £300 billion of real estate assets, 20% of those surveyed view Spain as their preferred investment market in 2018, second only to Germany. By contrast, the UK will be the preferred property investment destination of choice for just 12% of investors next year, down from 27% this year.

The main concerns the investors have about the UK are a lack of available stock and unrealistic prices.

In contrast, Spain’s rising demand for homes, office space and retail and leisure facilities makes its residential and commercial markets extremely strong. Prices are a fair reflection of market value, and because the Spanish economy is resurgent there will be growing demand for office and industrial space, the investors said.