bargains cheap finance discounts off-plan property crash spanish mortgage spanish property 
It seems that we are in the midst of a global economic downturn and a worldwide property crash, so is it the right time to be buying Spanish property…and in particular, is it a good time to be investing in property off-plan?
A lot of agents and commentators are reporting that we are nearing the bottom of the market in some of the more popular areas of Spain, with the attraction of genuine discounts in some of Spain´s most thriving resorts proving just too tempting for a large army of bargain-hunters. So while key-ready Spanish property and resale opportunities abound, the off-plan market seems a perilous place to be in a market downturn. Continue reading »
bargains costa del sol discounts holiday home holidays marbella prices properties The last 30 days has seen a record number of appointments for clients from Your Key to Spain wishing to view properties in Marbella on the Costa del Sol.
We had already seen a huge increase in the number of enquiries from the website for property for sale in Marbella during the last 6 months, compared with the same period last year, and this interest is now translating itself into viewings.
Continue reading »
banks bargains discounted finance interest rate mortgage properties spanish property valuation With plenty of great offers and discounted properties on offer in the Spanish property market, buyers may need to be quick to snap up the very best deals. One of the best ways to be prepared and beat your competitors to the best Spanish bargains is to get yourself assessed and qualified for a Spanish mortgage before you begin your search and your negotiations.
There are some good, reputable Spanish mortgage brokers out there, and once they have been supplied with details of your income, expenditure and liabilities, they will be able to give you an idea of the level of funding that you are likely to receive, together with details of the mortgage products that may be available to you.
bargains costa del sol development golden mile marbella properties puerto banus spain spanish property In this current economic climate, every prospective buyer of Spanish property is looking for a great deal. That much is probably true of buyers worldwide at the present time.
But people also need to get real. Continue reading »
bargains beach cabopino costa del sol developers discount estepona properties spain spanish property Despite a slowing Spanish property market and gloomy predictions for 2009, those buyers that are keen to invest in a property in Spain are all looking for 2 things – the best location and value for money.
Some of these clients are expecting that they will be able to purchase beach properties in Spain at bargain prices, but buyers need to be aware that those vendors offering beachside properties for sale are fully aware that they are sitting on premium stock. Bargains are few and far between, based on the premise that development along Spanish beaches has already ground to a halt, mainly due to increasingly stringent environmental laws. With no more new beachside stock likely to come on to the market anytime soon, this means that vendors can afford to keep their prices high, knowing that although it s taking longer for properties to sell, eventually a well-located, fairly priced beachside property in Spain will be snapped up. Continue reading »
bargains cheap demand developments properties property spain supply There are some real property bargains to be had in Spain, but these tend to be in the areas of over-supply, and so although the properties may appear cheap to purchase, they may not necessarily represent the best value for money.
Again, the media´s obsession with the philosophy of ´cheap is best´ doesn´t always stack up to be the best advice. Supply and demand dictate that very often the cheapest properties are the ones that are unwanted. The price tag may seem attractive, but if the properties are in relatively un-developed areas or within empty developments, does this really mean that it´s a good value investment?
bargains developers discounts distress investor market rental resale spanish property Now may be a good time to invest in Spanish property, but my advice would be to tread with caution, and to be well researched.
The market in Spain has taken a hammering in recent times, and although not every vendor is desperate to sell, some of them are. Remember that a large proportion of these properties were purchased as 2nd homes, meaning that they were bought as a luxury item. So as the economic climate for owners becomes more gloomy, disposable incomes begin to shrink and people face job losses and spiraling debt, it is these luxury purchases that are often the first to be cashed in.
