Cabo Roig, Spain, December 17, 2008 --(PR.com
)-- Many or most countries worldwide are experiencing a downturn in the property market at the moment, however - one Costa Blanca town in particular is still enjoying the successes that other popular locations through out Spain thrived on over the past decade.
Such is the demand in Cabo Roig for property that investors have continued to purchase there, wealthy owners in particular the Russians have taken the area in as their second home and banks have continued to issue mortgages even with the downturn in the real estate market that has hit the popular coasts of Spain.
Cabo Roig became a much sought after location when then height of the property boom in Spain was taking place in the late ninety's and carried on into the new millennium. The attraction of purchasing a property beachside to blue flag beaches that constantly won awards for its cleanliness and facilities was viewed as a huge plus, privacy and luxury pulled many to the area at first when prices were more viable - as prices increased, many took this view as the chance to invest in a sound investment.
The town has remained as it first was, low level luxury villas with no high apartment blocks shading the area or the spectacular views that so many of the properties are able to enjoy. Cabo Roig is simply one of very few towns that can actually boast such high level reviews and remain with such demand, in fact - Cabo Roig was also voted as "one of the safest places in Europe to invest" your hard earned money when looking at buying into property by Kapital investment magazine.
Now with very rich Russian businessmen moving into the area, prices look set to rise with beachside villas fetching up to 5 million euros and more.
So if you purchased in the Cabo Roig area and you are looking to sell your property, you should have no worries at all when coming to sell your property with interest in the area maybe higher than it ever has been.
Mevilla CB have many clients ready and waiting to purchase in the area once the right property has become available on the market to purchase.