Market Overview
The demand for property in Spain is forecast to grow substantially
over the next ten years as increasing numbers of Northern Europeans
retire to warmer climates. According to an Alliance & Leicester
International report dated 2003, by the year 2020, one in five older
people will be living outside the UK, the vast majority in Spain.
Spain is the leading country for the many Europeans who desire a
property as a holiday home or investment, which has lead to a doubling
in prices in many parts of the country over the past eight years.
Also, younger families are choosing to build a new life in Spain.
Medsea Estates is in a very favourable position, the Directors believe,
to take advantage of this expanding sector.
|
