Safe haven Spain flourishing

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ABU DHABI: Mid-East investors are rushing for a piece of Spain.

SOME of Spain’s premier property firms and top developers are in attendance at one of the world’s flashiest real estate events.

Top national names will be highlighting property investment opportunities in the country to a crowd with an expensive taste at the International Real Estate & Investment Show in Abu Dhabi from October 27 to 29.

“With its unrivalled climate, outstanding quality of life and friendly people, Spain offers unique investment opportunities and long-term value potential for investors from the Middle East,” said event organiser Antoine Georges.

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A small army of Spanish lawyers are also in attendance to lend invaluable advice to foreign investors on how to make as much money as they can from Spain and snap up golden visas, which confer residency rights for buyers of €500,000+ properties and their families. 

Georges described Spain as the only remaining ‘safe haven’ on the Mediterranean as an explanation for its ever growing popularity among Mid-East investors. 

Spain has emerged strongly from its financial woes and is now performing far better than France, Italy and Greece which are all mired in economic or political strife.

More than 11,000 key investors from the corporate, institutional and real estate worlds are at the networking event, which boasts 125 exhibitors from 25 countries. 

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