Although the Spanish Ministry of Housing reports property transactions are down 32 per cent year on year, data from the new Global edge Search Index suggests there is still significant demand for property in Spain from overseas buyers.
The data also suggests there are some relatively untapped opportunities for agents who can offer property in the right areas.
Recently Chris Mercer, from Mercers estate agents, who recently won the Best Spanish Estate Agent accolade in the CNBC Europe & Africa Property Awards 2008 told Spanish Homes Magazine: "From a property point of view I always look for new areas rather than follow the pack."
This may explain the key to the company's success over the last 25 years.
