Posted on Saturday, February 28, 2015 12:16

Confidence has returned to the Spanish property market and investors are flocking back to purchase properties. Property investment of 10.2 billion euros in 2014 was the highest level since 2007.  The Costa del Sol proves a favourite with foreign investors, with the British investors leading the charge.

This put Spain in second place for investment in bricks and mortar in Europe, just behind Sweden.

Co-incidentally recent changes in the exchange rate against the euro means that Spanish property as well as holidays in Spain are at an extremely competitive price.  This week saw GBP at 1.36 euros to the pound, a rate not seen since 2007.