There has never been a better time to invest in Spanish property. The past 2 years has seen property prices in Spain tumble, and no more so than in the Costa Blanca region. Whereas luxury apartments with sea views were being marketed and sold for €400,000 as late as 2006 or 2007, these same apartments are now changing hads for as little as €150,000. As the recession kicks in, property owners who are desperate to sell in order to raise much needed capital, and developers drastically cut prices in order to move properties off their books, there are increasing opportunities for careful and savvy investors to take advantage of the current market conditions to purchase property on the Costa Blanca for rock bottom prices.
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