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Aragon: Spain's Wealthy Community of Contrasts and Culture

The autonomous community of Aragon is tuckedmost popular of the Pyrenean endemic species
away in the Northeastern corner of thefor those who explore this region. Those who
stunning Mediterranean nation of Spain - andenjoy the great outdoors are spoiled in
whilst Aragon is rich in culture, rich inAragon - you can hike and trek, mountain
history, rich in traditions and also rich inclimb, mountain bike, you can horse ride,
GDP and employment prospects, it is poor inparaglide, ski, raft and ice dive - and for
terms of what is known about it outside ofthose who enjoy shopping, culture or fine
Spain. Whereas the national average figurewining and dining perhaps, they can be
for foreign homeownership in Spain is 12%, inequally spoiled in the regions main towns and
Aragon it is just 9% with the greatestcities.
concentration of foreign owners being in the
region's main towns where there isNew to Aragon as well will be a massive
considerable  employment.casino and theme park resort which has just
been given governmental approval - and this
Aragon is in fact one of the lesser known,of course will be a significant new draw to
lesser explored regions of Spain both bythe region. The casino resort will take ten
travellers and by international expatriates -years to construct, consist of hotels, theme
and yet it is a haven for nature lovers, forparks and a stadium as well as a conference
outdoor sports enthusiasts and for all thosecentre - bringing much welcome development
who wish to get away from the madding crowdsand likely greater prosperity to Aragon as
and  head  off  the  beaten  track.well as huge numbers of national and
international  visitors!
Aragon is bordered to the north by France, by
Catalonia to the east, Valencia to the southAs employment prospects in the region of
and Castile-La Mancha, Castile-Leon, LaAragon are so impressive and the community's
Rioja, and Navarre to the west. BeingGDP is so strong, property prices in the
landlocked and bounded by better knownprovinces of Zaragoza, Huesca and Teruel have
regions, Aragon and its three provinces ofremained strong in the wake of a global
Zaragoza, Huesca and Teruel are Spain'sproperty slow down and more specifically in
hidden gems - and now it's time to lift thethe face of a property market decline in
lid off the delights that await all those whoSpain. According to the latest figures and
take  the  time  to  explore  Aragon.statistics from the Ministry of Housing in
Spain the Zaragoza province enjoys the
In travel and tourism publications the regionhighest property prices out of the three
of Aragon is little touched upon and usuallyAragon provinces with median values being
described as being a featureless landscape -about 13% above the national average. Teruel
and yet how incredibly incorrect can theprovince is actually under priced when you
general consensus of opinion actually be!compare it with the national average with
Not only is Aragon one of the most affluentprices about 37% below making this region of
communities with strong employment andimmediate potential interest to those seeking
population dense, exciting and vibrant citiesaffordable  homes  in  Spain.
such as Zaragoza, it is a land deeply rich in
history as mentioned, where the people areMartin Dell from Kyero.com, winner of the
fiercely proud of their culture, cuisine and2007 CNBC Best International Property Portal
heritage and where the geography isaward comments that whilst there has been a
strikingly divergent - but because Aragon isdrop off in terms of sales volumes, prices
lesser explored, opinion is often drawn fromremain strong in Aragon because there is
second  or  third  hand  sources.consistency of employment. What this means
for investors is that there is strong demand
Thanks to the fact that millions of eurosand sustainability of affordability as
have been ploughed into the development of awell...and because Aragon is about to get its
high-speed rail link from Madrid to Zaragozamoment in the limelight when the spotlight
and because the latter will play host to thefalls initially on the World Expo 2008 and
2008 World Expo, Aragon is soon to make itsthe city of Zaragoza specifically before
mark on the international travel and tourismfocusing on the mega casino resort, demand
scene - but outside the cities it is quiteamong second home owners could certainly
possibly the geography, landscapes, climateincrease as could the desire for rental
and natural environment of Aragon that makesaccommodation year round in the community's
this particular region of Spain somost  stunning  areas  of  natural  appeal.
overwhelmingly  appealing.
If you're seeking a land of hidden
You have lush green valleys with rampantopportunity where the market is understood,
rivers, snow-capped Pyrenees peaks, aridtried and tested and yet lesser explored -
plains and rolling hills. The flora andtake a closer look at the emerging potential
fauna in Aragon are also breathtaking inin Spain's Aragon province, you won't be
their diversity with vultures and eagles thedisappointed.



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