Spanish Property Market

The Spanish property market has been experiencing difficult times over the past couple of years and many Estate agents have gone out of business and many more are set to follow. The exchange rates for sterling are at an all time low against the euro and predicted to get worse. Some are saying one for one over the next twelve months. At that time the UK will probably join the euro if it’s not already been orchestrated!

The doom and gloom of the British economy is having a negative effect on everything, especially the spanish property market that was once booming. There are still people buying property in Spain but the trend seems to be people leaving the UK and selling up to seek a new life. It’s understandable, especially with the recent events with the new PM Gordon Brown and his crew.

Some of the property prices here are reflecting a bad situation and those who need to sell are reducing there prices accordingly. There are a few good deals to be had if you know what you are doing. It’s certainly the time to buy and have recently seen an influx of private investors swooping up some of the worthwhile deals to be had. Some are not worth having if it’s a fast profit you want!

Finding the right property is a very time consuming task and most people simply do not have the time , let alone the expertise , in finding the best deals and a property worth investing in.

There are areas in Spain that should be avoided mainly due to the mass developments that have been allowed along the coast, many of which continue to cause financial problems for the investors and more recently the short sighted developers who built them!

To shop smart, you really need an expert property finder that is well versed in such a task and can fast track you to the best deals worth seeing.

Here is a general property link



Posted by on 05/31/2008 21:42:00

Anthony Bloom is the founder of the Moraira based Spanish Property Sales C.B business.
Established in 2002, Anthony and his partner Sally Bloom have dedicated themselves to the needs of the property purchaser. You can see their client testimonials! and their Google+ page

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