Why Andalucia?
The Spanish property market has without doubt started to slow down as we enter 2008, with some areas even experiencing a downturn in prices.
Part of the reason for this is the over development of many commercialised coastal resorts that we are all familiar with. These areas have enjoyed the benefit over recent years of healthy capital growth but they are also the ones being hit the hardest due to over inflated prices.
In contrast to this, the Granada Province in Andalucia is currently experiencing the highest percentage increase of property transactions throughout the whole country.
The average price of property in Granada is 31% below the national average (see below for stats taken from the Spanish Ministry of housing) and with heavy investment from the government on infrastructure improvements such as the new motorway linking Malaga and Almeria to Granada, the improvement of the international airport, the planned largest cable car in the world linking the city with the ski resort make this the property hot spot in Spain for many years to come.
For those investors looking for high rental potential Granada has to be visited! Nowhere else in Europe have you got snow, skiing, beach, water sports, mountain biking , climbing... the list is endless!
With low budget airlines now choosing to fly direct to Granada from the UK it can be accessed cheaply and in around 2 hours.
All the developments we offer have quick and easy access to motorway networks linking the airport the city and the coast.
At Andalucian Homes we won’t give false promises of making fortunes overnight on your investments but we can assure you that Granada has all the signs of a prospering long term property future!
Come and join us on our regular 3 day viewing trips to find out why!
 |
|