Winkworth Spain Announces Now is the Best Time to Buy Property in Spain

approved - March 16, 2015 /MarketersMEDIA/ —

FOR IMMEDIATE RELEASE March 17th, 2015, MARBELLA, SPAIN. Timing is everything when buying a property and according to Winkworth Spain, the Spanish property Market is at one of its ripest levels. Looking into the past several years, records show that the British Pound to Euro was 1.10 at March 2011 and since then it has gained a 21% increase as of March 2015 to a full 1.40 against 1 Pound.

What this means is that a property investment of 181,000 Pounds in 2011 is now available for 142,000 Pounds representing a significant saving of over 40,000 Pounds.

In addition, Winkworth Spain has announced that information obtained from The Bank of Spain, due to the low level Euribor rates, variable rate mortgages have also fallen to a record low. This, along with the fact that the Euro is also currently at a record low, indicates that this is the perfect time to buy property in Spain.

Bernard Vent, who is the managing director of Winkworth Spain, shares the opinion with many other experts in the property industry that Spain currently offers the most value in regard to return on investment (ROI) for both potential new homeowners and other property investment enthusiasts. There are very few, if any, markets outside of Spain throughout Europe that offer this high of an ROI.

About Winkworth: Winkworth was founded in 1835 and to date the Winkworth brand with independently owned and run offices are located in more than 100 locations within London, UK and Europe including Spain. Winkworth Spain is the preferred choice for matching you to the perfect Spanish property. Property buyers are invited to visit the Winkworth offices in Centro Comercial Guadalmina to learn of the investment opportunities. This office is located at Urb Guadalmina Alta, C.C. Guadalmina 4, Local 12, San Pedro de Alcantara, 29678 Malaga, close to the Sabadell Bank. The Winkworth Spain offices can also can also be contacted via telephone at 0034 952 880 941, emailed at info@winkworth.es, or contacted through a convenient form at the Winkworth Spain website at www.winkworth.es.

Release ID: 77023