Malaga is chosen by Britons

Higher than average property prices are not deterring Britons from investing in Malaga, according to experts.

Although prices were typically more than a quarter above the national average, the Spanish province remained popular with British investors.

The average price of property in the region was £210,997 - 26 per cent above the national average of £168,112.

However, other regions were said to still offer potential flats bargains to overseas investors, such as Cordoba, Albacete and Jaen.

The site stated that although the population had doubled in the last ten years, the island still had average property values of £155,860.

According to NatWest International, the good climate and close proximity of Spain to Britain are two of the main reasons for the country's popularity among investors and holidaymakers.

Cheers!

11.8.08 11:27



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