Those thinking of buying Costa Blanca property may be encouraged by a suggestion that an investment in Spain is still a good idea.

Discussing recent figures from the Spanish Property Owners Guild (Spog) revealing a 16 per cent fall in prices last year and predicting more to come, Liam Bailey of Property Abroad said it was worth remembering that Spain still tops the list of popular places for Britons to buy and to go on holiday.

Noting that some are looking to invest now when property is cheap and wait for a recovery, he stated: "I would recommend buying a property in Spain with this in mind more-so now than I would have a year ago."

He suggested looking for bargains in areas that are "not over-developed", something Costa Blanca property seekers may look to do.

Spog spokesperson Paul Bradley recently advised that those looking to invest in Spain should take "a hard-nosed investment approach" and not buy with their hearts in order to find the best deals.

Visit Rightmove Overseas for the best selection of Costa Blanca property. Stop dreaming, start searching!