Wednesday, April 11, 2007

Property investors in Spain told not to be put off by legal issues

British property investors in Spain, which includes those operating in the buy-to-let market, have been advised to be aware of legal issues but not put off by them.Pierre Williams, a spokesman for property investment education firm Inside Track, said that what buyers needed to do was be aware of the issues and check things out thoroughly.He said: "The issue of developments going up without planning permission has been well aired and anybody buying in Spain should be aware of that. Any development which they consider must have this checked to see whether or not they are likely to have any difficulties in the future and to avoid buying in those areas."Once a property has been established as meeting all the legal criteria over planning permission, the buyer is in a favourable position, with the numerous advantages of buying in Spain coming to the fore.Included in these, he said, were the climate, infrastructure, good health service and well-established expat community, all favourable to British buyers.

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