Friday 4 May 2007

Engel & Volkers to open 300 new offices in Spain

For a change, it appears there is a positive slant on Spain (tongue planted firmly in cheek). The German real estate agent Engel & Volkers believes that the Spanish market has huge potential for growth and will look to have a total of 300 offices nationwide over the next few years (currently there are 53 offices). Their typical market is the higher end tourist market but they are reporting strong growth in the Spanish market too. Really backs up what we are trying to do here at Ultimate Homes. Spain is still one of the most desirable locations for foreign buyers and the fact that the local population make up a large percentage of buyers too will continue to support the market.

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