Cities and costas excite investors

AN international estate agency has picked out Valencia and Madrid as potential ‘property hotspots’ for 2015.

Lucas Fox International points to recent increases in home sales in both cities and their surrounding regions, alongside vibrant arts and cultural scenes, on top of historically low property prices following the crash, as indicators of reliable investment opportunities.

Property sales in the Valencia region climbed as much as 30 per cent in 2014, compared to the preceding year, and Lucas Fox International makes reference to the area’s beautiful coast, matched by dependably warm weather for most of the year, exciting local cuisine and covetable architectural heritage as factors that are hooks for potential investors.

Other experts agree that these cities along with areas including the Costa del Sol will help   to boost the revival in the Spanish property market.