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The shorelines are shrinking in Spain according to new figures, and property investors are wisely looking inland, fearing that beach-front properties will be washed away in years to come.
According to a new study of the effects of global warming commissioned by the Spanish Environment Ministry, sea levels in Spain are rising by 2.5 millimetres annually and it has been forecast that by 2050 beaches will diminish by an average of 15 metres.
Since the Environment Ministry released their last research, inland areas in Spain such as Jaen, Cordoba and Granada have seen interest from property buyers and developers. Previously sought after sea view properties appear to be going out of fashion while golf developments and apartment complexes are now appearing in less developed areas of mainland Spain.
Meanwhile, funds are being ploughed into improving Spain's ski resorts, and ski properties are becoming lucrative investment opportunies for buy-to-letters. A new ski lift, and snow making machines have been installed in Sierra Nevada in preparation for two world cup events that will be held in the popular resort next year.
