In something of a financial U-turn the Spanish property market seems to be somewhat more attractive to overseas investors who are thinking about putting cash into the mortgage market and Spanish property.

According to Mercers estate agents enquires from British people about money types of Spanish properties that are available have increased considerably over the last 12 months.

The company says that prices for apartments and villa’s across Spain have fallen considerably which is attracting British potential buyers to consider international mortgages on Spanish properties.

Many seem to be waiting for just the right moment to flex their buying muscles in order to grab a Spanish property at a much reduced price as Spain is lagging behind the rest of the EU in terms of recovering from the global financial problems.