repossessions
October 30th, 2008
Buy a townhouse on the Costa del Sol and get a one-bedroom condo on a golf course for free. Tempted? What about a 40% discount on a seaside flat? Then there are the internet auctions run by CB Richard Ellis, a property consultancy, promising properties at “2005 prices”. These are ...
Continue reading Look for Value in Spain, not Bargains
September 16th, 2008
While I was summarising the new house price data from the Ministry of Housing, I noticed a fairly strong correlation between the top-selling towns in Spain and those recognised as being the most transparent in their dealings with the public. Coincidence? Of course there isn't a 100% tally between the ...
Continue reading Spanish Property News Review
September 2nd, 2008
The August Spanish property news has been almost uniformly bad - as bad as the property news in the UK. Most commentators agree that the pain will continue well into 2009, so we should expect bad news to be the norm for a while yet. If you've been keeping an ...
Continue reading Treading Carefully with Off-plan Property in Spain
August 20th, 2008
Can Spain weather the downturn? The Spanish property market has had its fair share of headlines recently. If you were to believe them then the image that comes across is of a country hit by a never ending stream of bad news. Corruption scandals, illegal building, demolition threats, land grabs, over ...
Continue reading The 'real' Spain is poised to weather the property downturn
April 1st, 2008
Brits thinking about buying property abroad are wondering why the Pound has fallen so far against the Euro. Currency specialists, Moneycorp, say many factors are involved but at least two of them involve house prices in the UK and US. Northern Rock came to grief in September when it could ...
Continue reading What's Wrong With Sterling?
April 23rd, 2007
The emergence of property auctions in over-developed markets in Spain, Cyprus and parts of Eastern Europe indicate the next stage in the evolution of the second homes market. Industry commentators observe that a crash in the UK property market over the last few years has been prevented by around one ...
Continue reading Auctions Take Steam out of Over-heated Markets
July 14th, 2005
In the UK, different marketing groups often come to different conclusions about housing market trends there.The basic problems are those of monitoring advertised prices versus agreed prices and the time lag between agreeing a sale and closing the deal. The situation in Spain is very similar except that almost ...
Continue reading Why pricing reports tell different stories
