Although the European economy has been in a slump, the markets are slowly, but surely, starting to pick up. One of the areas showing a revival is the real estate market in Murcia . There are several factors that will lead to an increase in Murcia property prices in the coming future.
Chris Mercer, the director at a local real estate agency, declared that this is one of the best times to purchase property in Murcia . The key reason for this is the upcoming Paramount theme park which is touted as the second largest amusement theme park in Europe . The construction for this project will begin to break ground within a few months and will commence operations in 2015. According to Mercer, buying Murcia propertyat the moment will be worth its weight in gold in the future.
Mercer stated that the worst is over and that prices will not fall any lower. In fact, the real estate market in Spain , and especially in Murcia , is starting to show optimistic signs of revival. Mercer announced the Paramount theme park will be constructed over almost 2 million square meters and will resemble a city of its own with shopping malls, lounge bars, commercial office space and world-class restaurants.
Explosive Demand for Property in Murcia
In the last few months, there has been a sporadic increase in the number of enquiries that have come in for property in Murcia . According to investors, one of the reasons is that buyers are not associating Spain s financial problems with Murcia . With the latest theme park attraction and the upcoming Corvera International Airport that will start operations within a few months, an investment in Murcia property is a smart decision.
Another top reason why investors are keen on purchasing real estate in this Spanish city is that the sale of property is controlled by a strict notary system. If the buyers employ a professional realtor and a legitimate attorney, the acquisition of property becomes a highly safe affair unlike the fraudulent methods that are prevalent in other real estate markets all over the world.
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