10 June 2008
Much is publicised about the so called diminishing second home and property investment market in Spain, land grab, falling prices and over supply are some of the phrases we hear every day.
No doubt the boom on the Costa’s is wavering but the experts say that UK buyers are still grabbing the bargains inland and in […]
18 March 2008
Situated on the south coast of Spain, Murcia is fast becoming the number one destination in Spain to holiday and invest. Property prices are rising at a rate of 4% in 2007 and more is expected in 2008. Tourism numbers rose by a staggering 18%, but what does all this mean?.
The Ministry of Tourism and […]
23 January 2008
Spain is to receive a £65 million boost to develop amongst other things 17 different wine routes around the country. Principal International say that as well as the huge popularity that the Spanish property market continues to achieve, the government are still looking for ways to keep on top. Spain is undoubtedly one of the […]
11 January 2008
This is the kind of headline that can put people off buying property overseas, but this can be avoided by taking a few simple steps.
The story is mentioned on the web pages of the Daily Mail this morning and can be viewed by following : this link
Potential purchasers that contact Principal International can rest assured […]
15 October 2007
Despite the much publicised negative press about the Spanish property market, and the fall of prices as compared to recent years, Principal International one of the UK’s leading overseas property investment companies says that figures recently released from the Bank of Spain and the Association of Spanish Developers paint a very different picture going forward.
“The […]
13 July 2007
Simon Ryeland, director of Principal International comments “Spain has received a lot of bad press with some experts predicting a fall in the property market; here at Principal International we have no such fears. Some would say a correction in the market is long overdue but all that’s really happening is a stabilising of the […]
8 May 2007
Principal International have announced that they have just signed an agreement to become one of the few exclusive Polaris World agents selling luxury apartments and villas in the Murcia region of Spain.
This news is excellent timing just as the spanish property market looks set to give investors plenty of opportunities to buy at fantastic prices […]
4 April 2007
With the rising prices in the UK, property is becoming more and more out of reach for the first time buyers looking to get a start on the property ladder. Research shows that it’s not only retirees flocking to Spain but the UK’s younger generation are becoming increasingly tempted by the low cost of property […]
6 March 2007
With tourism numbers reaching record levels in 2006 and with that the 2.8 million international visitors coming to Spain in just one month, the rental market has never looked so good for investors.
With the best ever January figures recorded, research has revealed that more and more visitors are looking away from the typical Costa high […]
20 February 2007
Principal International a leading overseas property investment company in the UK have recently announced an exciting partnership with one of Europe’s finest residential house builders to sell a small number of luxury townhouses in the Camp de Mar in Mallorca.
Situated on the south west side of the Island, Camp de Mar is in a beautiful […]
18 February 2007
The real estate market in Spain is undoubtedly its most dynamic economic sector. Investment by the million or so foreigners over the last decade, has lead to a very fruitful marketplace for both the second home seekers and the serious overseas investors.
Much of the interest it has received was no doubt started with a traditional […]
12 February 2007
Research recently carried out by the Royal Institute of Chartered Surveyors showed that the European property market as a whole remained very competitive in 2006, with most countries acheiving double figures. Despite being slightly down on the previous year, many of the traditional markets such as Spain continued to show extremely favourable results and achieved […]
7 February 2007
Research recently carried out in the UK by an overseas property agent and SAGA found that half of those people over 50 that were surveyed would definitely consider buying abroad in Europe and predominantly in Spain.
50% of this sector of the market would buy a home to retire to and the remaining would do so […]
26 January 2007
With temperatures in 2006 reaching the highest on record since the 1950’s, areas of Spain maintained a warm 20 degrees for most of the year.
Paul Cooper, Director of Principal International, one of the UK’s leading property investment experts, is quoted as saying “These warm climates continue to entice the overseas investor, they almost guarantee the […]
22 January 2007
Principal International in association with one of Europe and the UK’s leading quality house builders has recently announced the acquisition of a site to build a new luxury development in Competa, on the Spanish Costa del Sol.
The site to be named Terrazas de Competa will consist of 50, 1,2 and 3 bedroom luxury apartments which […]
4 January 2007
Despite the many years of property price booms and apartment block developments being built, Spain is tipped to be a buyers market in 2007.
The massive development we’ve seen in previous years has created huge competition from the sellers which has meant that prices have been forced down. As a result we can expect to see […]
21 December 2006
The new tax cuts for non Spanish residents that have changed to give us a huge reduction in capital gains tax from 35% - 18% in line with Spanish residents has no negative impact for Brits buying abroad. The dual tax arrangements that meant we used to pay 35% capital gains tax to the Spanish […]
20 December 2006
Despite tough competition and continued press coverage about the more exotic neighbouring European destinations, Spain is still a favourite place to seek out that investment opportunity according to the latest studies. Although many Brits are spending their hard earned cash in places like Bulgaria and Cyprus, Spain continues to attract the more discerning buyer and […]
17 December 2006
Spain is still the number one property hotspot for the UK investor seeking a good return on their money. Leading currency specialists HiFX say that the nearby European locations are still where the Brits are choosing to spend their money.
Homeowner loans taken out by the Brits in the latter part of 2006 were made up […]
13 December 2006
Despite competition from Eastern Europe, the Spanish property investment market is still holding strong mainly due to its easy access from the UK and the British search for sun. With a travel time of around two and a half hours and the availability of cheap flights from the budget airlines, Spain still ranks high as […]