As more and more Europeans look to areas such as Spain for their retirement and employment prospects, it seems that one of the sticking points for many is clarifying the actual cost of living in Spain. How does it compare to the UK? Are the services as good? What can you expect for your money?

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Despite the credit crunch and apparent downturn in general consumer confidence in the UK demand for Lanzarote property remains buoyant. According to figures recently released by the islands leading dedicated property portal, Lanzarote Guidebook.

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While Spain and Golf Courses have gone hand in hand for many years, it looks as though leaders of the autonomous Andalusia region of Spain think a little differently. They have just passed a new law which will see fewer golf courses built in the future, and those which do receive planning permission will not be able to use them as a centre piece for housing developments. So why have the local government decided to change laws which have for many years encouraged more investment and more visitors to the region?

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Just over the last few days we have heard very encouraging reports from Spain with regards to the growth of the country’s high tech transport network.  A high speed train link between Barcelona and Madrid has just been unveiled, with speeds of up to 185 miles an hour recorded on the first ever train journey.  However, this is just the latest in a long line of high speed links in the country, and with more to follow there is speculation that we may see another boom in the Spanish property market.

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According to figures recently released by Spain’s main estate agents’ association, API, half of the country’s 80,000 estate agents closed their doors for good last year, following one of the worst years on record for the country’s seemingly rock-solid property industry.

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As if there wasn’t already enough of England in Spain, Andalucia’s regional government is considering introducing a Tube-style rail network across the province in a move directly targeted at both local people and tourists.

This new transport connection will enable fast and efficient access to some of the most popular parts of Spain, including Malaga, Seville and Granada and the plan forms part of a larger strategy designed to get people out of the habit of using traditional, pollutant modes of transport.
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British newspaper, the Telegraph, last week heightened Spain’s profile, describing it as a ‘lifestyle destination’, a confirmation of the country’s continued move away from an out and out investment vehicle. More and more people are moving to the country for the simple reason of enjoying the country itself, rather than simply purchasing property there as an investment or holiday home.
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It may be a Spanish island. But Lanzarote lies just 60 miles off the coast of Africa. Offering year round sunshine and an idyllic outdoor lifestyle, property in Lanzarote may just be one of the hottest real estate investments, in every sense of the word.
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