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Record Day for Spanish Property Enquiries
                                                           

The well-regarded Spanish property website www.kyero.com reported its largest ever number of visitors to the site on February 4th 2009.

Bucking the current gloomy economic outlook, it seems that more of us are looking to purchase a property in Spain in the near future than we had realised, perhaps due to the paltry levels of interest now available to savers, or perhaps to simply add a little sunshine to our lives once we emerge from this crisis.

Kyero, one of the largest and longest-running Spanish property portals, also pointed to the fact that visitor and enquiry numbers have been consistently high since the start of the year, with interest from French and Dutch buyers being particularly strong.

This news actually corroborates our own results, and supports our recent articles reporting a surge in buyer activity in certain areas of Spain during the last 8 weeks.




  comments
2 April 2009 | 14:20
Gareth
said

Just heard from Kyero.com that they just had their busiest week for enquiries (last week in March 09), so looks like the trend is upwards. Still not sure how many of these enquiries are being converted into sales though?

2 April 2009 | 14:24
sean
said
Hi Gareth - i think that the conversion rate from enquiry to sale is still quite low. I think that tells us a few things:
1. there is still huge interest in buying Spanish property
2. people currently don´t feel comfortable in taking the plunge, particlarly the Brits
3. once economic conditions improve and the sterling exchange rate improves, the conversion rate should improve, due to the latent demand that already exists.

Does anyone have any thoughts on this?

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