×

Warning

JUser: :_load: Unable to load user with ID: 9047

Spain is a firm favourite target for active investors

By Monday, 05 October 2015 18:17 0
BOUNCING BACK: Even more reason to invest now. BOUNCING BACK: Even more reason to invest now. shutterstock.com

SPAIN is the top investment target in Europe this year for active investors, with Germany chasing its heels and the UK not too far behind according to Knight Frank global real estate consultants.

In a recent European poll, the consultants found that 27 per cent of more than 150 investors questioned declared Spain to be their preferred investment target due, largely, to the strength of the current recovery balanced against prices which are still far from their previous peak.

The fundamental reasons to invest in Spain, said Humphrey White, head of Capital Markets at Knight Frank Spain, are even stronger than they were a year ago. Meanwhile, 25.4 per cent of those questioned said they preferred to invest in Germany and 17.4 per cent said that they were more interested in UK regions.

Managing director of Knight Frank in Europe, Chris Bell, reported: “The UK is well ahead of the rest of Europe in terms of the property cycle and has already seen significant yield compression. However, it is encouraging that rental growth is beginning to re-emerge more widely across Europe, helped by the strengthening of occupier demand and the steadily falling availability of good quality space exacerbated by the lack of development over the preceding recessionary years.”

Comments (0)

There are no comments posted here yet

Leave your comments

Posting comment as a guest. Sign up or login to your account.
0 Characters
Attachments (0 / 3)
Share Your Location

Poll of the Week

Looky looky men: Do you feel they are good or bad?

Latest Tweets

#UPDATE The man has been identified as wanted fugitive Younes Abouyaaqoub.
#BREAKING Suspected #terrorist shot dead in #Barcelona https://t.co/rkBTHdHWsA
Well done #Seprona ! https://t.co/tpe3BHpxdC
Follow Euro Weekly News on Twitter

Post Gallery

Devil of a heatwave to sweep Spain with 70 severe weather alerts issued

Teenagers catch rabies after having sex with a donkey

Kirsty Maxwell Benidorm balcony death: Woman 'tried to clamber down side of hotel'

WATCH: Brits in the sun laid bare in The Secret Life of the Holiday Resort

Spanish nurse assists in mid-air medical emergency on Alicante bound flight

‘Missing’ Albox couple reported ‘safe and embarrassed’

WATCH: Rowdy hen party kicked off Ryanair flight to Alicante

Moving up the ladder

Two people die trying to rescue dog from reservoir in Almeria