Ski property bargains in Spain

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Previous reports have focused on the huge variations within the domestic property market in Spain and nowhere are these price differences more apparent that when it comes to mountainous ski resort locations.

With the overall mixed picture in the country showing certain areas faring far better than others, the price of Spanish ski property has seen some of the most dramatic falls, in some cases seeing as much as 50% of the values knocked off sales in previously highly prized locations.

When values dive in these kind of figures it always means that alert investors will be waiting in the wings to swoop on the most attractive properties and this certainly seems to be the case here.

The result is that the market in Spanish ski properties is now forecast to pick up significantly in 2013 with the following years expected to show impressive yields.

The continued popularity of winter sports holidays means that the newer, less traditional destinations for foreign ski enthusiasts are continuing to show increased appeal, with the likes of Turkey and Portugal following on the heels of Spain as the new wave of skiing hotspots.

As the nature of mountain ski resorts means there will always be a limited supply of properties, rental rates for skiing lets continue to hold on to their premium status, meaning that from an investment point of view they are seen as solid choices.

The Spanish government is still in trouble both at home and internationally when it comes to the overall state of the economy, and any recovery will be closely tied in with an increase in confidence in the property market, especially when it comes to investments from outside its borders.

If you are considering investing in a foreign property deal it is an essential part of the process to carefully consider how you will send money from UK.

There are many different options available in every case so comparing the market beforehand and using the services of a currency transfer expert can ensure you get the best deal.

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Ski property bargains in Spain

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