Spain, by its proximity to major european markets, still is and will stay an attractive market for sure.
However, what about the prices? mickthepropertyguru, with the price you mention for a property in Spain, you can easily buy 10+ apartments in a block in Turkey (for an example), right by the sea, half an hour from the airport etc??OK, I know, you probably mention this price for those who have the resources to allocate such a budget for a purchase, but what about the clients with a budget ranging between €60.000 - €150.000?
What would it take emergent countries to be (at least) as competitive as Spain?