The Latest Spanish Property News from Kyero.com
November 11th, 2008
Homes Overseas have released an informative property for sale guide about the Costa del Sol.
The article informs interested property investors about the current property scenario in this Southern Spanish region, while at the same time offering an analysis of the property situation. Comments of regional property veterans are included in the article.
The guide titled ‘Costa del Deal’ begins by highlighting upon the appeal of this Southern Spain region, amongst the British property buyers. This quick encapsulation is succeeded by the current turbulent conditions, on account of the credit crunch. While the negative bearing of the scenario is penned, the article also sheds light on the concealed positive dimension on the housing market. The stated commotion in the property market of Costa del Sol has led to reduced property prices, thereby offering bargain property deals and positive news for medium to long term investors.
The succeeding section of the guide elaborates upon the mentioned property scenario. The findings of the annual report released by the Association of International Property Professionals (AIPP) which highlights buying trends are stated in this part of the article. The guide also presents the possible rental opportunities in the region, along with prime hotspots and the average monetary range.
The next section looks at the property picture in times to come. Current trends, buyer behavioural analysis and observations are substantiated at the base of this section. Detailed studies and remarks of marketers like Alexis Johannessen of Livingstone Estates, Andrew Hawkins, developers like Taylor Woodrow, statisticians like Martin Dell of Kyero are also included.
Read the Homes Overseas guide to the Costa del Sol
Is any property below €50,000 a cheap Spanish property? Are cheap Spanish properties only to be found at auction or as bank repossessions? How much below market value does a Spanish property need to be to be considered cheap?
Continue reading: What IS cheap Spanish property?
