Regarding Marks post, I think there are still some areas of Spain with capital growth. It depends on how the area is moving forward. take for example Murcia Costa Calida. Property in the region is still relatively cheap compared to CDS. Also golf courses were in short supply until Polaris World began their 7 projects and most importantly of all a large new INTERNATIONAL airport, I emphasise international because that implies tourism on a large scale.
It all adds up to region moving forwards and consequently is still attracting inward investment.
When you compare it with the CDS, there are few if any more avenues left to go and as a result things have slowed almost to a standstill.
The analysis is plain to see, where there is more potential to come, there will continiue to be interest shown.