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All those amongst you looking for that dream Spanish property have one thing in common – you are all after a great deal.
We´ve spoken to lots of potential buyers in the last month or so, and we´ve been keeping a note of all the different phrases that people have used to describe what they are after. These are the most common terms that have been used - they have been repeated again and again:
bargains in spain discounted properties spain distressed property spain property in spain spanish property My mum phoned me earlier this week, in a very agitated state. “How are you coping? It must be terrible for everyone with property in Spain at the moment.”
When I asked her what had prompted this wave of concern, she told me that she had been reading an article in the Daily Mail, which painted a dismal picture of British owners of properties in Spain being forced to pack up and leave, and/or becoming trapped in a falling housing market.
bargains in spain property in spain recession in spain spanish economy spanish property spanish property market 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.
bargains in spain cheap spanish property costa del sol properties discounted properties in spain Spanish property bargains There are lots of Spanish property bargains out there. Prices are falling and some vendors are desperate to sell. However, the biggest mistake that is currently being made by Spanish property buyers is the fatal attraction to the lowest prices.
If you see 2 properties on the Costa del Sol, with one priced at €100,000 and the other at €400,000 euros, the natural tendency is to the think that the cheaper property represents the better example of a Spanish property bargain. That isn´t necessarily the case.
What if the original price of the cheaper property had been €150,000 while the price of the more expensive property had been reduced from €700,000? Continue reading »
Is the inauguration of America´s 44th president likely to have any affect on the Spanish property market? As leader of the world´s largest superpower and therefore as leader of the western world, Barack Obama´s presidency is likely to have an affect on us all.
A lot is expected of Obama – he is an inspirational figure that has been elected during an economic hurricane, yet he seems to have united America, given it some much needed confidence as a nation, and humbled its people into evaluating the truly important things in life.
If he manages to raise confidence in the United States, the likelihood is that its people will become more likely to spend money and to take risks – the feelgood factor can be hugely powerful, and may help to drag the country out of recession.
bargains in spain converting pounds to euros discounted spanish properties discounts in spain spanish property IS THERE ANY HOPE for the Spanish Property Market?
“Yes, there is still hope. We know this because we work in the market and speak to buyers and sellers on a daily basis. We get to see what´s really motivating both groups of people. Here is what we have found:
Continue reading »
