Spain Rare
Big Boost to Property Sales in Spain…
The Spanish Property Market has seen the best resulting sales in April 2008 for over a year.
Following media coverage of the failing property market during 2007, most potential property buyers put their plans onto ice until the situation improved.
The complete market in Spain saw estate agents shutting through lack of sales and the crunch during 2007 was to get even worse. Unscrupulous agents were devising tactics to prise money out of clients through desperation to inject money back into their own business.
Some such tactics were to ask for a small lump sum payment to substantiate an offer on a property. Although in the agents defence it eventually was used as part payment towards the deposit, nonetheless it was a payment devised to be a part payment of the agents commission. This was one of the tactics that prevented potential home buyers from venturing into the Spanish market.
The shrewd investor saw the decline as an opportunity to secure a dream home at a much reduced price. In fact this aspect of a declining market was the main purchasing selling point that the Spanish Market was using to attract buyers.
However as 2008 emerged it was clear that a new year had brought a new perspective back into the property market. Month on the month the buyers have been coming back. The estate agents were beginning to see a new surge of property buyers.
April 2008 has seen the best month in property sales in Spain for almost a year. This confidence can be expected to multiply as the season for visiting Spain arrives during May and the summer season.
Upon further investigation of the property market we can see trends that follow the UK market. Smaller one bed apartments and studios seem to remain pretty consistent, as do the properties valued at over a £million.
One may think that property has a similar intrinsic value to that of gold; as it rarely decreases in value. As such of course property has to be the ultimate way to invest money and see year on year returns.
One new property on the market valued at almost a £million near Cordoba in Southern Spain; having 15 bedrooms, ideal for a bed and breakfast opportunity, has received 6 enquiries in the first week it has gone on sale.
It would appear as a consequence of such interest that a new surge of buyers has begun. Not to bring the property market back to its prime, but enough to give everyone, both purchaser and seller a little confidence.
The economy of course is having a direct affect on the market. The Euro is particularly strong against other currencies, especially the British Pound and the American Dollar. This would mean that any transfer of money would have an extremely poor exchange and as a consequence could mean the difference of up to £15,000 on a £100,000 transfer.
Mid 2007 saw the exchange rate for the Euro at 1.48 to the pound. Today we see the rate at 1.24. This equates to 24,000 euros for each 100,000 euros exchanged. Despite this poor exchange rate the property market in Spain is beginning to rise from the ashes.
We look forward to the continued rise in interest in property sales.
Mr. P. Booker
Internet Estate Agent, Southern Spain
http://www.Sale-Property-Spain.co.uk/country_house_cordoba.htm
About the Author
MMr. P. Booker
Spanish Estate Agent | Spanish Properties for Sale
http://www.all-villas-spain.co.uk/
Supplier and Service Provider
30 Years Business Experience
Please visit my website as described in the article.
Action Speaks Louder than Word… Quietly Confident!
(He who claims he knows, knows nothing. He who claims nothing, knows)
Royal Wedding RARE Queen Sofia, Prince Felipe, Princess Letizia, London Queen Party
|
|
An Earth-star Photo Mugs ROG-13309 An Earth-star Andalucia, South-west Spain Astraeus hygrometricus Bob Gibbons Please note that pritns are for personal display purposes only and may not be reproduced in any way. contact details web ardea tel and 44 (0) 20 8672 2067 …. |
|
|
Red-billed Chough – on rocks Photo Mugs ROG-13287 Red-billed Chough – on rocks Ronda, Andalucia, South-west Spain Pyrrhocorax pyrrhocorax Bob Gibbons Please note that prints are for personal display purposes only and may not be reproduced in any way. contact details prints ardea tel and 44 (0) 20 8672 2067 …. |
|
|
Fin Whale in the strait of Gibraltar Photo Mugs WAT-13006 Fin Whale in the strait of Gibraltar Spain Balaenoptera physalus M. Watson Please note that prints are for personal display purposes only and may not be reproduced in any way. contact details prints ardea tel and 44 (0) 20 8672 2067…. |
|
|
The Best of Three Dog Night $5.93 What’s not to like about Three Dog Night? Well, their overwrought cover of Otis Redding’s version of “Try a Little Tenderness,” for one thing. But almost everything else on their 20-track best-of–a remarkably high percentage of which actually ended up high on the charts back in these guys’ day–might remind you fondly of your teen years, or maybe the nine months you spent in third grade. Besides … |
|
|
Keith Jarrett The Koln Concert Original Double Album ECM 1064/65 ST release (rare Made in Spain) Jazz Piano Vinyl (1975) Made in Spain, this is a rare double gatefold album release of the incomparable talent of Keith Jarrett as recorded in live concert at the opera in Koln Germany on January 24th, 1975 and as usual, this record just blew me away. The vinyl’s are in excellent condition with slight age wear and the cover is also in excellent shape no seam splits ever so slight ring wear coming through. This album has … |
|
|
Memories (3 CD Boxed Set) $32.69 Spanning his career from the ’50s, ’60s, and ’70s, this Memories three-disc collection contains 75 songs and over three hours of music from the King of Rock ‘n’ Roll. Track listing: Disc 1 – The 50′s That’s All Right Baby, Let’s Play House Heartbreak Hotel I Was The One Blue Suede Shoes I Want You, I Need You, I Love You Don’t Be Cruel Hound Dog Any Way You Want Me Love Me Tender Anyplace Is Parad… |
|
|
RARE VINTAGE VHS: Maharaji, Madrid, Spain (Maharaji – Prem Rawat & His Message) **FREE RARE VINTAGE PAPERBACK: The Inward Pilgrimage: Spiritual Classics From Augustine To Bonhoeffer By Bernhard Christensen **OWN THIS RARE, IMPOSSIBLE-TO-FIND VINTAGE VHS Unavailable Anywhere — Including His Own Web Site! Enjoy Teachings Of Prem Rawat, Known Around The World By His Honorary Title ‘Maharaji’. From Maharaji, ‘Hear Your Own Heart’s Cry, ‘I Want Freedom.’ Someone Must Win! Sometimes We Sit And The Moments Are Lost, Each Moment Being A Little Soldier; And As Time Goes On, The Soldiers Are Sacrificed. The … |
|
|
SPAIN Flag Wall Decal Room Decor 25 x 18 $23.99 Oustanding quality – rich colors bring this decal to life on your walls! Decal is easy to move and reposition without harming the walls. For indoor use only…. |
|
|
Snowcapped Mountains and Trees in Spain – 24W x 16H – Peel and Stick Wall Decal by Wallmonkeys $33.99 WallMonkeys wall graphics are printed on the highest quality re-positionable, self-adhesive fabric paper. Each order is printed in-house and on-demand. WallMonkeys uses premium materials & state-of-the-art production technologies. Our white fabric material is superior to vinyl decals. You can literally see and feel the difference. Our wall graphics apply in minutes and won’t damage your paint or l… |
|
|
Blade Runner (Five-Disc Ultimate Collector’s Edition) [Blu-ray] $99.98 In celebration of Blade Runner’s 25th anniversary, director Ridley Scott has gone back into post production to create the long-awaited definitive new version. Blade Runner: The Final Cut, spectacularly restored and remastered from original elements and scanned at 4K resolution, will contain never-before-seen added/extended scenes, added lines, new and improved special effects, director and filmmak… |