bargain spanish properties buying spanish property in sterling euro sterling exchange rate properties in spain for sale 
The general feeling is that most British buyers are waiting for sterling to recover to particular ´trigger´ rates such as 1.15 and in particular 1.20
In fact, the last 2 weeks has seen a surge of UK enquiries for property in Spain after sterling rallied over 5% to hit the first of these magical triggers.
But let´s look at this situation from the other side. As we previously mentioned, most of the Spanish properties for sale in the key hotspots of the Costa del Sol and Costa Blanca are owned by British vendors, and during the demise of sterling in the last 12 months, they have been able to lower their asking prices considerably, and in some cases accept incredibly low offers, precisely because of sterling´s dire straits. Continue reading »
buy spanish property in sterling distressed property costa del sol euro exchange rate euro sterling conversion spanish property If you are thinking of buying a property in Spain in the near future it´s certainly becoming an interesting market. The part that the fluctuating euro/sterling exchange rate is playing cannot be overlooked, the primary reasons being these:
- the majority of Spanish property enquiries received by most of the popular portals and websites originate from prospective buyers based in the UK (and therefore likely to be buying in sterling).
- The majority of vendors seeking to sell their properties in Spain are British, and most will therefore be seeking to repatriate the proceeds of their sales back into sterling. Continue reading »
bargain properties in spain buying property in spain distressed property for sale in spain properties for sale in spain A variety of well-regarded Spanish property portals and websites are reporting unprecedented levels of enquiries for properties for sale in Spain.
Although these are still hard times for most people in Europe, it seems that the dream of owning a property in Spain is still as strong as ever. This desire has also been fuelled by a raft of discounted and distressed Spanish properties becoming available, offering prospective buyers some of the cheapest prices and best value Spanish properties since the bygone days before the last Spanish property boom.
buy spanish property in sterling euro rates euro sterling exchange rate foreign curremcy exchange The recent rise in the value of sterling against the euro has led to as much as a 40% increase in the number of Brits buying the European single currency.
With the sterling euro exchange rate hovering at around 1.15 in recent days, many Brits who regarded this figure as a psychological trigger to exchange currencies have taken advantage of the 12% increase in sterling´s value within the last 12 months.
Continue reading »
costa del sol property for sale marbella property for sale weather costa del sol The recent torrential rain that we have seen here on the Costa del Sol at least provided some small shred of comfort for local residents.
The region´s reservoirs have doubled in capacity in the last few weeks, with December´s rainfall alone guaranteeing water for the next 2 years here in Andalucia – yes, it rained THAT much! Continue reading »
cheap murcia property costa blanca bargain properties costa del sol cheap property malaga cheap flights Leading travel search website Skyscanner has revealed its top 50 most searched for destinations from UK airports for travel in 2010.
Moving up one place from last year, Malaga is in top position, with Tenerife and Alicante in 2nd and 3rd positions respectively, meaning of course that Spanish airports occupy the top 3 places. Continue reading »
golden mile property marbella marbella piers morgan reviews marbella property for sale piers morgan marbella I must admit that I sat down last week to watch Piers Morgan´s appraisal of Marbella on ITV with an element of fear and trepidation. After all, he hadn´t been too kind in the past during similar exposes of places such as Monaco and Dubai.
Although Morgan managed to dig up some dirt and spent a proportion of the programme focusing on Marbella´s seedier side of life, I personally thought that, for the most part, he portrayed Marbella as a great, fun place to be, and actually managed to inject a dose of much-needed glamour into proceedings. The main message that came across to me was that Marbella attracts hordes of the seriously wealthy – in fact everywhere he went, there seemed to be Ferraris, palaces, 5 star beach clubs, and flowing champagne – not a bad life really! The fact that much of this wealth seemed to have been squandered on homes that were rarely occupied, cars that were driven simply for fun and so much champagne that it ended up being sprayed across the naked torsos of overly-moneyed teenage boys on a beach somewhere, only really added to the jaw-dropping spectacle. Continue reading »
flights to lanzarote holiday rentals in lanzarote lanzarote property for sale lanzarote villas The number of British tourists taking holidays in Lanzarote jumped by nearly 7% in November 2009, according to the latest figures just released by the Spanish airport operators AENA, as the popular holiday island and investment hot spot starts to feel the benefit from the introduction of a whole raft of new flight services to the island from budget airline Ryanair.
Earlier this year the British market – Lanzarote´s largest and most important source of tourist numbers – had been in freefall. With declines of 20% and more recorded as UK consumers struggled with the double whammy of a sharp depreciation in sterling versus the euro and the confidence sapping effects of the credit crunch. Continue reading »
costa del sol bargain properties marbella distressed properties property for sale marbella weather in marbella So maybe we had been having things too good after all, but winter finally arrived on the Costa del Sol in the 3rd week of December.
Coastal resorts and inland areas in Andalucia were hit by torrential rain, thunderstorms and howling gales during a 3 week period which lasted all over the Christmas and New Year periods, bringing misery and travel chaos to many areas. Continue reading »
costa del sol property costa del sol weather marbella weather weather in spain Sorry if this news hits you as you sit at your desks with the rain lashing against the window, or as you sit at home with the curtains tightly closed and the central heating turned up full blast, but here in Southern Spain we are still waiting for winter to arrive.
Apart from a few indifferent days in November, we have seen clear blue skies most days, with daytime temperatures averaging around 18 degrees – extremely pleasant for this time of year, and a real contrast with last winter, when it seemed the whole of Europe took a real battering from the weather.
