• Independent on Sunday features Property Venture's Hotspots
• Spain - is there good news emerging?
• Diary of a finca renovation - looking for inspiration?
• Featured property - Inland Spain
• Morocco - the serious, exotic alternative to Spain
• Special offer-what you need to know about investing and renting abroad

Introduction   

Sun, sea and zlotys – snap up a bargain

The European housing market hasn’t stopped attracting British buyers, with Spain, Cyprus and Poland among the hot spots. Chiara Cavaglieri reports

Sunday, 31 January 2010

Investing in property abroad is a daunting prospect at the best of times. Many Britons who borrowed heavily to invest in foreign properties have been left in negative equity, which may be enough to put off any new buyers.

However, for those willing to risk it and purchase now, there are some real bargains to be had. Property Venture, an overseas agency, has just named its European and Mediterranean hot spots for 2010, three of which are detailed....Read more

Spain - so is there good news emerging?
One of the developers Property Venture works with on the Costa de Almeria has had a good 2009 for property sales, so much so that they are now starting to ease their prices up by 2-3%, clawing back some of the deep discounts on offer during 2009. For them 2008 was their nadir, they are looking forward to 2010. They do have a lot of satisfied clients too, which helps. See more of their properties

Another good news story for the Spanish market is inland property.
Due to regional government rural land laws, limiting rural building, rural properties are holding their values and may increase owing to restricted supply.

Spanish Renovation Project
Undertaking any building project is no mean feat, let alone in a foreign country and as a single woman. Read a true to life account of someone who has achieved her dream. Some of her challenges include:

• "Convincing family & friends I was doing the right thing
• Access was a challenge, as it was by foot at first and the last bit of track was nearly insurpassable in winter
• Keeping the dream going when sat all alone, damp, under a leaking roof for a whole winter!" Read more

Spain - Featured property

Interested in a renovation project in a rural setting?
An idyllic country finca (traditional, country, Spanish house) nestled by the Genal river. Located on land of a total of 30,000m2 including an orange grove by the banks of the river. Bargain price due to limited access. Price: £68,275. Read more  

Morocco is muscling in as a great holiday home destination. It shares the same coastline as Spain, but without all the same levels of development. Read more of its prospects here

Beachfront, golf properties in stunning frontline, sandy beach location in Morocco. 1 and 2 bed apartments within walking distance of the beach, with outdoor and indoor pool, sports & gym facilities. Available early-mid 2010. Pay nothing for 3 years, guaranteed mortgage* on completion at 60%. Net yields of 7% from year 4. From less than €9,450 entry point for beachside 5* property. Read more

Read about how Spain and Morocco are faring here in my bumper 2010 January edition of European/Mediterranean hotspots

Special Offers
 
 Have you ever thought any of these things?