Spain Property Investment News
Business booming in Alicante

A new report has revealed the profit potential available through investment in the Spanish province of Alicante.
Data released by Kyero.com showed a nine per cent increase in Alicante property prices since the beginning of 2007 alone.
Housing prices in the region are now equal to the Spanish national average price of 250,000 (£167,500).
In conversation with Homes Worldwide, Martin Dell of Kyero commented on the findings:
"Twenty per cent of all foreign property sales in Spain were located in Alicante in 2006 and I see no reason why this should reduce in 2007.
"Spain is becoming a buyer's market again, and for many investors and second home buyers Alicante ticks all the right boxes," he continued.
Some twenty per cent of Alicante's 1,732,389 residents are originally from overseas, with Brits, German, Norwegians and French investors all attracted to the region by its low cost of living, stunning scenery and burgeoning medical tourism market.
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