Young Brits Opt For Spain
July 25th, 2006
As prices continue to be out of reach for most under 30s in the UK, Spain is becoming the ideal choice for those who want to take a first step onto the property ladder but can ill afford to do so back home.
A recent survey by Atlas International confirms 22% of those aged 16-24 years were considering purchasing property abroad, with Spain topping their list. Over the past 5 years, Spain has been one of the largest economic areas of growth in the European property market. Continued success and low interest rates confirm that Spanish property is still a good investment. Its proximity to folks back home, budget flights and a healthy economy, make it all the more tempting to investors from the UK.
Coastal regions of Spain have plenty of work for young professionals in many service sectors, e.g. web and computer related technology, real estate, marketing, sales, hotels and catering, teaching, health & beauty, to name but a few and they often dont even need to speak fluent Spanish!
Amongst many other summer festivals, this month Granada’s internationally renowned music and dance festival is drawing more crowds towards the charms of Andalucia, and you can still find a number of fantastic property options available in the area of Granada to those on a budget.
In our view, it is inevitable that Spain will see increasing numbers of young British immigrants looking for new quality of life, at prices they can afford.
Story from Property Showrooms
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