Property Investors Seeking Capital Growth in Jerez, Spain

Real estate investors looking for a Spanish property, but hoping to avoid the over-developed areas along some coastlines are increasingly turning to the city of Jerez, according to a recent report in 'The Times'. Jerez is an inland city in Spain, 25 miles from Cadiz.

Jerez offers a number of traditionally positive features for investment. It is easily accessible, with an airport ten minutes from the city currently operating flights from Stansted, and starting a service from Manchester from March 23rd. Transport links within Spain have recently been improved, with a new motorway linking Jerez to Algeciras in the south, and other road improvements linking the city to the nearby beaches of the Costa de la Luz.

A property in the city also offers the potential for golf tourism; the Montecastillo golf course is located in Jerez, a well-established course designed by Jack Nicklaus 13 years ago, where the Volvo Masters took place for several years.

As well as the newer developments that are beginning to appear in the area, ambitious investors also have the option of renovating one of the old town’s palaces. However, these can be difficult to acquire as the owners of such properties rarely use estate agents, preferring a more discreet method of sale to avoid being seen to sell their family property.

It is not just overseas buyers that are looking to buy in Jerez. Cheaper properties in the city are popular with Spanish residents, and more expensive countryside properties in the area are sought after by more wealthy Spaniards.