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Wednesday, 21 September 2011 13:04
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Reported increases in Spanish property prices are being described as "an encouraging sign for investors" by one expert in the country's real estate sector.

Ignacio Osle, sales and marketing director of developer Taylor Wimpey de Espana, cited a recent study that revealed home values in locations such as Costa Blanca, Costa Calida, Alicante and Murcia are rising.

"Alicante, for instance, has experienced improvements in its infrastructure, seeing a second airport terminal open, which is always good news when it comes to attracting more visitors," Mr Osle added.

The firm also pointed out that the latest figures published by the Spanish government show that the number of property sales increased during the second quarter of the year, compared to the first three months.

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