THE Property Misdescriptions Act, which begins to bite this weekend, should curb the imagination of estate agents when drafting particulars of British houses and flats. But what of properties abroad? Do not expect any changes in that respect. While British property can no longer be ''peacefully located'' with a busy railway at the bottom of the garden - unless the agent is willing to chance a heavy fine - it appears that the Spanish villa advertised in his other window can retain its ''peaceful location'' beside the notorious Malaga coast road without any risk of action. Still, the recession seems to have gone some way to making agents keep closer to fact (or perhaps those most economical with the truth are not around any more). Much overseas property is good value for today's money and there is no point in agencies pretending people are queueing to buy when everyone knows how things really are. So, when one says there is ''an element of movement'' in the Spanish market, it is probably fair comment. Naomi Greatbanks, of Hamptons, said: ''There are really good deals to be had and I think things have just about bottomed-out now.'' The agency has sold four homes on the El Chaparral golf development in the past few weeks. This is a project by a Bristol-based British builder at Mijas Costa, in pine-covered hills between Marbella and Fuengirola. There is an 18-hole course and a range of properties and prices. You might get a villa for GBP250,000 (HK$3 million) or GBP400,000; apartments at GBP80,000 or GBP108,000. Density is low, with winding valleys giving all the properties views of the course and the Mediterranean. North, in the Costa Brava, prices are much lower and are still being slashed as developers wait for confidence to return. IPI, of Brighton, has two-bedroom golf penthouse apartments with terrace pool, close to the beach at Pals, reduced from GBP115,000 to GBP74,250. Or you can take your pick of waterfront apartments overlooking the marina at L'Escala from GBP43,250. Heading inland, Costa Blanca Villas, an agency in Oxfordshire, said it had discovered ''there is a huge demand for property in Spain away from urbanisations''. It has properties in the Cocentaina hills, near Alcoy, about an hour's drive from Alicante. The houses, all different, are old and suited for buyers who want the simple life. Small windows keep them cool and, in many cases, they have been unchanged internally for 50 years: one visitor described them as like a time capsule. The attraction is farviews of mountains and valleys. Prices start about GBP20,000, while GBP45,000 buys a three-bedroom country house on 0.4 hectares, with olive and almond trees and a swimming pool. But the agency warns: ''A basic knowledge of Spanish, and a desire to be away from it all, are an advantagefor those considering investment in this area.'' The far north of Spain is an area explored only occasionally by house hunters. Bradley & Vaughan, in Sussex, has property in what it calls a non-tourist region centred on Tremp, southwest of Andorra, in the Pyrenees. The scenery is unusual - lakes and valley running through a plain - and there are plenty of cheap village houses to be had, but the agency recommends a mill that was converted by a chartered surveyor, with three bedrooms and a dining/living room. The grinding equipment has been kept as a feature and there is a barn for conversion. This, on 0.2 hectare, is GBP73,000. Another area not much publicised in Spain is Galicia, in the northwest above Portugal. It is quite a wealthy area, with some interesting properties, according to Somerset agent Babet. The best way to get there is to fly to Santiago de Compostela airport,which has direct flights from Heathrow. Typical of the many properties available to renovate is a 250-year-old cottage with barn. , overlooking a valley and priced around GBP22,000.