Spain is selling well to those looking around £350,000 and over but those seeking to invest in the lower price range seem to have a penchant for expecting a Rolls-Royce style property whilst paying a Ford Escort type price says Pat Creevy, MD at Charles Oliver, a property company specialising in quality homes overseas.

Creevy explains: “Despite the problems with some new build in Spain in recent years, the country nevertheless continues to attract buyers and for some very good reasons – it is still a delightful country.

“It is only about two hours from the UK, the weather is good, the people friendly, a vast majority speak English, the infrastructure is akin to the British way of life and all in all it still has everything that has attracted holidaymakers and investors for over 30 years.

“The sad thing is that buyers tend to think that they can offer peanuts assuming that everyone on Spain is on their knees desperate to sell and this is just not the case.”

However Creevy admits that although some of the offers his company receives are totally out of kilter with the Spanish market place, there have been price reductions in recent months that overseas property investors can take advantage of.

Among these bargains currently available due to a reduction in price are the new two bedroom apartments with roof garden at Jardines de Alhama Golf Resort within Condado de Alhama in Murcia.

The price has dropped from €124,000 to €98,000. “That is exceptionally good value for money,” says Creevy.

The properties have access to three Jack Nicklaus Signature Golf Courses (two Bear’s Best and one Principal Golf Course). There are also restaurants, bars, shops, tennis courts and swimming pools plus a host of other amenities within the luxury complex.

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