Current economic factors make Andalusian new-build property a continuing attractive investment option

• Many investors have lost confidence in stocks and shares. They are disillusioned with their poorly performing pension and savings plans, PEPs and fund investments that continue to fall in value daily. Today, investors are searching for alternative opportunities yielding a satisfying return on their investment. New-build property still offers substantially greater returns than any other form of investment.
• Against the background of price rises over the past ten years, Spain - and especially Andalucia - still offers value for money and excellent returns. Today, the new-build property market remains buoyant and there is little sign of change while the tourist industry supports this growth. Purchased in a carefully chosen location, new-build property remains the favourite form of investment.
• As the second most popular tourist destination in the world, tourism to Spain continues to rise each year. In 2005, it welcomed some 55.6 million tourists and the Spanish Ministry of Tourism predicts that by 2025, 3 million foreigners will have come to Spain to set up home - treble the figures of today.
• New-build property prices in many hotspot areas remain a good deal lower than those back home, thus affording a holiday or second home, or indeed relocation and early retirement. Spain is also the number one destination for young investors who are priced out of the property ladder in their home countries and use Spain, and in particular Andalucia, as an investment vehicle to raise funds for a future purchase in their own country.
• Off-plan purchases are a hugely popular investment option for those in the know. It is possible to avoid the full cost of a new-build property by way of progress payments then selling at a substantial profit prior to project completion. Vast profits continue to be made with shrewd off-plan investment choices.

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