Spain could offer property bargains

People who are keen to buy property in Europe could benefit from making an international money transfer to Spain later this year.

Mark Stuckling, head of Spanishpropertyinsight.com, has advised buyers that property in Spain is unlikely to rise in price over the course of 2010.

But as the sterling is performing particularly poorly in the foreign exchange markets, buyers have been to advised to wait until they can get more euros for their pounds.

Mr Stuckling said: "In this year and next year, there are going to be some fantastic opportunities to buy really great quality property at a great price - taking advantage of this depressed market. That is what the canny buyers will be doing."

He added that prime property was the best sector to look in and suggested that buyers could find a place with great views and good quality design at prices that "are basically back to where they were eight to ten years ago".

Click here to make an International Money transfer (www.hifx.co.uk/online)

Posted by Sarah Pitton