Rich Spain

Spain has now racked up a decade of unbroken economic growth, vastly outperforming the core countries of the euro-zone. House prices in Spain have risen in this period faster than any other EEC country other than Ireland and Spain has the largest percentage of second home owners in Europe, around 20%. Compared with the UK, Spanish banks offer lower interest rates on mortgages making Spanish property purchases more affordable for British buyers.

2006 saw more people visit Spain than the previous year, especially holiday-makers from Germany, France and the UK. Meanwhile, the increase in cheap and affordable airline connections from the UK to airports such as Jerez, Faro, Gibraltar and Seville make travelling to a second home in Costa de la Luz much easier.

The standard of education in Spain is very good and the standard of care in many hospitals has been described in recent surveys as being superior to that of the UK with reduced waiting times for treatment that is generally available at far less cost.

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