Spot blue flies from turkey to spain

Calpe, Costa Blanca Photo: Lugaresparavisitar

"Having built a successful international real estate brand and business in Turkey over the last 12 years Spot Blue will be rolling out the brand and business model across other countries in conjunction [with] leading UK & EU builders and developers," Spot Blue International Property Director Julian Walker tells OPP.Today.

"Already in the European skiing real estate market Spot Blue’s next focus will be on Portugal, Spain and the UK."

The three countries have all enjoyed booming demand for property in the past year. The UK's strong economy and stronger buy-to-let sector have drawn investors from around the world, be it for residential investment, prime capital growth or student-driven income. The strengthening pound, meanwhile, has boosted overseas demand from British buyers thanks to a historic high against the single currency, with Spain and Portugal at the top of their shopping list.

In Spain, foreign demand has been linked to rising prices in coastal hotspots.

"There is evidence of not just price stability but also rises in some major cities and established parts of the Costa Blanca, Costa del Sol and Mallorca, an island that according to new research by the valuation consultancy Tinsa is home to five of Spain’s ten most expensive property hot spots," adds Walker.

In Portugal, figures from RICS/Ci have shown prices and sales rising steadily across the country for several months in a row.

Turkey has also seen its own successes, with foreign sales hitting a record high in May 2015, soaring by 19 per cent in the first five months of 2015 compared to the same period last year. Now, Spot Blue aims to capitalise from all four markets. The company's new Spanish site is at http://propertyandspain.co.uk, while its Portuguese site has been launched at http://www.propertyandportugal.co.uk.