MojacarWeb.com - Buy Property in Mojacar

The Mojacar area is one of the best places in Spain to buy property at the moment. The area has escaped the massive levels of development which the other Costas have been subject to and has retained its natural beauty and charm.

VIP Almeria, Mojacarweb.com's property partners explain some other reasons why this area is such an excellent choice for anyone looking to buy a foreign home:

Whilst the market in the U.K is changing daily regarding the financial structures, here in Spain, there are many facts to consider:

During the market changes, the spanish banking system remains bouyant and unaffected by the changes in Europe and the United States.
All of our distress listings are from non Spanish nationals who have been affected by the market changes in their home country making it very much a buyers market.
Spanish Banks are still lending money and mortgages.
Savings in Spain unlike its European counterparts are fully guaranteed by the Spanish Goverment.
It is true that prices have been corrected and that properties are also sold at below market value, this is because of the volume of construction in the past four years and builders have finance from the banks which they need to offset to continue on with pending projects.
The rental market has increased in the past year by 120%.
Costa Almeria is soon to be in the top four wealthiest regions in Spain thanks to €3 billion injection from the Spanish goverment into the property sector.
Infastructure in Almeria is one of the most modern. A highspeed train connection to Madird is due to be finished by 2010.
It is also worth noting that unlike the Costa De Sol & Blanca, here in Almeria , there are strict planning laws and infrastructure to ensure that we do not have the same mistakes as the other Costas.