Spain 'still popular' for overseas retirement

 

Spain appears to have held on to its appeal for expatriates retiring abroad for another year.

According to Taylor Wimpey de Espana, nearly a fifth of the firm's buyers are retirees heading to the country to enjoy the sunshine.

They are set to join the 400,000 expatriates who are already living in Spain, according to Findaproperty.com.

While the weather is a major factor in drawing people in, the country's healthcare system is also a big draw.

However, while the services are reputable, the property agency noted that many expatriates opt for private healthcare to avoid the long queues.

Ignacio Osle, sales and marketing director of Taylor Wimpey de Espana, commented on the state of the country's property market: "Across the board, however, house prices have reduced and so those looking to purchase in the best areas can make the most of the current market and snap up excellent value property before the prices start increasing once again."

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