Winkworth Spain says Spanish Real Estate is still a Prime Opportunity for Investors

With recent unemployment figures showing a fall, property prices leveling out and favorable mortgage rates, Spanish property appears to be on the up and up offering some more time for savvy investors to get into the Spanish property market.

Winkworth Spain reports that with the growing economy and decreased real estate prices, these reasons alone make this area the prime opportunity for return on investment.

Recent news also shows that although Spanish property prices are declining in some areas this probably won’t last long and price increases are not out of the question and other studies indicate that Spanish property prices might start to increase during 2015 and into 2016.

It is also auspicious to note that property loans in Spain were up almost 30% in the first quarter of 2015 indicating that there is more trust in the market and a downturn in unemployment figures show that the Spanish economy is getting stronger.

What all of this means is that now is the time for property investors to take advantage of the low property prices, before the projected increases start to kick in. This will be the best way to capitalise on the promising return on investment profits. This return on investment is available for those looking to buy a home, or are interested in investing in rental or other types of properties.

Bernard Vent said, "2015 and 2016 is going to be the golden opportunity for Spanish property investors and speculators. There are still a lot of bank properties available and with mortgage rates below the euribor average, the market is prime."

Unemployment in Spain has fell by 13,100 people in the first quarter of the year. This is the largest recorded decline since the first quarter of 2005. Projections are that unemployment will continue to decrease favorably, which will in turn create greater economic capacity. As the economy grows, real estate in Spain prices will begin to increase. Those who were savvy at investing at the right time will enjoy the largest potential of profits for their investment.

About Winkworth Spain
Winkworth draws on over 175 years of experience in the real estate market and is a trusted name in the UK real estate marketplace. With over 90 offices in the UK, branches in France, Portugal, Switzerland, China and Italy, the Spanish office has the backing and professional standards brought down through a huge network of real estate professionals.

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