There has never been a better time to buy Spanish property

You can get a better property deal today in Spain than any time in at least the last five years and that’s a fact. Now is the time to pick up the highest quality Spanish real estate at the best possible prices. Well-located ready-to-move-in-to properties are selling for up to a massive 50% discount off list price and here’s why.

Managing Director of GEM Established, Andy Welland, comments, “As the brakes go on the property boom of the last few decades there are now around one million new unsold homes in Spain. Just as this stock needs shifting, the credit crunch has stifled mortgage applications thus reducing consumer demand - meanwhile the same credit crunch has forced banks to put pressure on developers to sell their unsold properties. All of this points to some incredible price reductions.”

Andy continues, “Spain still remains number one for English language property searches on Google – it’s a safe and wise investment for the future. The longest-established holiday destination in Europe and a proven market for both tourists and permanent migrators, Spain offers the welcome comfort of the known. Whilst off-plan purchasers have all-but disappeared in Spain, a good thing as these short-term investors encouraged artificial inflation of prices, in their place has returned the lifestyle end-user purchaser keen to enjoy the climate, culture, beaches and ease of access offered by Spain.”

The UK has the lowest interest rate (1%) in the history of The Bank of England and the stock-market has burned many a financial finger. Invest in Spanish property now and reap the rewards in times of recovery. Act now before the boat is missed.

On the market (but not for long):
Two bedroom golf apartment nr Benahavís – Gazules del Sol
WAS 351,278 euros NOW 200,781 euros – 40% OFF
Luxurious development at the heart of Benahavís’ ‘golf valley’ yet within a ten minute drive of Puerto Banús and the Costa del Sol’s sandy beaches. This gated community with 24-hour manned security offers unparalleled facilities including four communal swimming pools with decorative waterfalls, changing facilities, paddle tennis and a fully equipped Spa with indoor heated pool, gymnasium, sauna and Jacuzzi. The two and three bedroom apartments and penthouses all over 100m² in built area offer sea, garden and mountain views from spacious covered and open terraces. All have hot and cold air-conditioning, electric blinds, intelligent home automation and pre-installation of Bang & Olufsen surround-sound system. Kitchens are fully equipped with Siemens appliances and lifts access all floors including the basement with allocated parking and storage. Ready to move into with community fees for administration, maintenance and security estimated to be around 180 euros per month.

Two bedroom golf apartment nr Marbella – Los Robles de los Arqueros
WAS 300,000 euros NOW 223,500 euros – 25% OFF
Small residential complex within a large established golf resort complete with Severiano Ballesteros-designed 18-hole course, Clubhouse, squash courts and retail units. The two and three bedroom homes have large south or south-west facing balconies creating light-filled rooms with incredible views. Kitchens are fully fitted and there is pre-installation for air-conditioning. Communal facilities include a large swimming pool as well as underground parking and storage whilst Marbella and Puerto Banús are a brief drive away.

Two bedroom countryside apartment nr Elviria – El Bosque de la Mairena
WAS 275,967 euros NOW 173,000 euros – 37% OFF
Set on the edge of a UNESCO Biosphere Reserve, this development of two and three bedroom apartments is surrounded by cork oak forest and has incredible elevated sea views. Just 7km from the beaches of Elviria, slightly east of Marbella, this is a peaceful area whilst still being within easy reach of schools, shops, restaurants and bars. La Cala Golf with its 54 holes of Cabell Robinson-designed golf and 18-hole Santa Maria are both five minutes’ away. Divided into four blocks, all homes have spacious terraces, air-conditioning, video entry, fitted kitchens and use of a communal swimming pool. Owners also have privileges at the on-site par three 9-hole El Soto course complete with Clubhouse containing restaurant, gymnasium, sauna and Jacuzzi.

For key-ready luxury property at one-off crazy prices, visit gemestablished.com