The country enjoys healthy
tourism rates and currently ranks third worldwide in tourism with the arrival
of more than 60 million visitors in 2013. New regulation for obtaining
residence permits for those who purchase a property for a higher price 500,000
euros has brought large amounts of investment to the country and has boosted
the economy.
Improving the economy
one percent by the end of 2014 and a decline in unemployment is also
anticipated. Economy Minister Luis de Guindos said: “2014 will be the first
year since the crisis began six years ago when the economy will grow by nearly
one percent and net job creation will be in the coming quarters.”
With the improvement
of the economy and the property market, Spain is expected to have a positive
year. Tourism remains the major contributors to the economy and new highs
should continue to support economic recovery. In 2013 witnessed a record
spending tourists fifty-nine billion euros, an increase of 9.6 percent over the
previous year.
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With the economy and
tourism looking hopeful to 2014, there are also good results expected at the
national real estate market. Investors and buyers have already expressed
interest in the Spanish property market and they are taking advantage of
relatively low prices and are taking advantage of the bargains you can still
find.
In order to make a
well researched and informed decision please, contact Altavista Property and
arrange an appointment with one of our agents.