Spanish resorts continue to be one of the best locations to look for cheap property abroad, the latest figures reveal. Statistics from the Spanish government, revealed last week, show that the average price of Spanish property has fallen to 1,700 Euros per square metre. The low cost marks a drop of 22 per cent over the past three years, as house prices continue to decline from the peak of the housing boom in 2008. But resorts are bucking the national trend, with property values falling below the Spanish average. According to Spanish property site Kyero, resorts on the Costa del Sol, Costa Blanca and Canary Islands have seen real estate prices fall by between 28 and 49 per cent. While international trends indicate that many cash-strapped countries contain cheap property abroad for British investors, Spanish resorts seem to be the place to go for even better property bargains.
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