Over 50’s Favour Spain as Investment and Second Home

Woking, United Kingdom, February 10, 2007 --(PR.com)-- Research recently carried out in the UK by an overseas property agent and SAGA found that half of those people over 50 that were surveyed would definitely consider buying abroad in Europe and predominantly in Spain.

50% of this sector of the market would buy a home to retire to and the remaining would do so as an investment or second holiday home.

The key factors influencing their decision are the close proximity to the UK when considering what area to buy in, as they are able to see and feel their investment more easily, the climate advantages that Spain has to offer and the slower pace of life.

When considering buying a retirement or holiday home, SAGA found they were cautious of potential legal complications and would only consider purchasing through a trusted agent.

Simon Ryeland, Director of Principal International, a leading overseas property investment company confirms that they a have wealth of both professional and personal experience in assisting with such purchases. They currently have a number of properties available in the Costa del Sol, Almeria and Murcia, and with prices starting from as little as 179,000 Euros for a 2 bedroom apartment, the opportunities for investment and retirement are undoubtedly good.

With the continuous steady price rises and the stable economy that Spain has to offer, it remains as one of the favoured destinations where an investment is at its safest. The coastal resorts have historically been where most Brits would buy, but the more inland traditional Spanish towns are now becoming more popular.

Principal International have recently announced a partnership with a leading developer to sell luxury apartments in Competa on the Costa del Sol. These 1, 2 and 3 bedroom apartments are being sold off plan at extremely competitive prices. For more information investors should register their details at http://www.principalinternational.co.uk/register.php

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