Spanish city offers favourable growth rates
Prospective investors in the Spanish market have been pointed towards the Murcia region by a national newspaper.
The Telegraph described the area, which is located in south-east Spain, as one of the country's "emerging" markets.
This is because property prices compare favourably with many less-established investment hotspots across the world, such as Bulgaria and the Cape Verde islands.
As a result, the city could be a potentially lucrative market for investors who snap up a residence while they are still relatively cheap.
Commenting on the region, the newspaper added that connectivity improvements could be set to drive further growth.
The Telegraph said: "Murcia has growth potential with the significant upgrade of its airport, Corvera, due to be ready by 2010."
This suggests that the region is also likely to attract more foreign leisure travellers in the next few years, which would boost Murcia's rental market.
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