Monday, August 15, 2005

'Spain not in a property bubble'

Spanish developers exhibiting at The Property Investor Show in London (23-25 September, ExCeL London) hotly dispute recent reports that high levels of house price growth in Spain mean that the property market is set to follow the downward trend as seen in the UK market over the past year.
However, with an expanding economy, high employment and excellent infrastructure the market is still very strong, suggesting that high yields are achievable and investors shouldn’t dismiss the traditional Costas in favour of the less established emerging markets of Eastern Europe.
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