People hoping to invest in a Spanish property may be encouraged by one expert's assertion that there are "some outstanding bargains to be found" in the country. Managing director of Spanish-Living.com Adrian Warriner explained that in some of Spain's coastal areas, price falls have been substantial, which makes this the ideal time for buyers to jump in. He highlighted the Costa del Sol, where house values have plummeted by ten per cent this year alone. Mr Warriner also suggested looking at locations such as Nueva Andalucia, San Pedro and Guadalmina because they "provide easy access to upmarket hotspots Marbella and Puerto Banus". He added that the range of beaches, golf courses and other outdoor activity centres means such destinations have "strong all-year-round potential" for property investors looking to rent their house out to holidaymakers. According to figures published last month by Global Property Guide, Spain experienced an 8.43 per cent decline in real estate prices during the second quarter of this year, compared to the same period in 2010.
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