The economic situation in Spain has made the country a prime spot for small investors looking for city property or bargain real estate opportunities.

According to The Spanish Brick, prices are hitting rock-bottom and plateauing in city locations, with some properties now available between €70,000 (£56,000 approx) and €120,000 (£96,000 approx).

What's more, city properties are in permanent demand in the rental market and can be rented from the first month.

Spanish Brick claims that there is now a significant improvement yield in the country because of lower prices, rising from two per cent to 4.5 per cent with a reasonable lower risk.

Lower property prices also mean that smaller investors who would previously have been unable to afford real estate in Spain can now do so. This has opened up the market, creating new opportunities.

Furthermore, in the mid-to-long term, people can move to Spain with a profit after using property as a buy-to-let investment.



Who's Online in Finance

We have 5 guests online