Homework on property essential, also in Spain

While some areas have seen prices rocket by between 16% to 30% in the past year, others have experienced much lower inflation of between 4% to 5%. The website, part of the propertysecrets.net service of publisher JoJaffa, adds buyers need to understand the opportunities and challenges in the property market caused by the rapidly growing population of legally resident foreigners in Spain. The number of such residents is likely to go from about 1 million in 2001 to some 3 million by the end of the decade, and 6 million by 2015, the website says, based on Spanish immigration data. Th...