Spain Best for Long-term Investors

Spain is the best market for long-term property investment ahead of France and Portugal – according to GE Money Home Lending (GEMHL).

The lender interviewed 100 mortgage brokers asking for short and long-term investment predictions. Bulgaria was seen as having the strongest house price inflation over the next year, followed by Spain, Portugal, Romania and France. Developing territories such as Dubai and Croatia also ranked highly. Florida placed strongly in both the short and long-term investment tables at sixth and fifth respectively.

Research showed that, overall, Spain still tops the list as the best long-term investment option. The lender advised agents and IFAs that findings showed clients are being influenced by a mixture of lifestyle and investment choices.

“Although new emerging Eastern European markets are looked upon as good short term investment opportunities, we can see that most Brits are looking towards their dream holiday home as a location they can retire to in future years and for ease of living whilst abroad,” said Gerry Bell, head of marketing for GEMHL. “What is interesting is the emergence of Florida as a key holiday home destination as flights to the US become more affordable, strengthened by the current excellent exchange rate and the ease of conversing in the same language.”

Best house price inflation – short-term v long-term

Over next 12 months

1. Bulgaria
2. Spain
3. Portugal
4. Romania
5. France
6. Florida
7. Croatia
8. Dubai
9. Italy
10. Germany

Long term

1. Spain
2. France
3. Portugal
4. Bulgaria
5. Florida
6. Italy
7. Romania
8. Dubai
9. Czech Republic
10. Croatia

Source: Link