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Every month Tinsa (Tasaciones Inmobiliarias SA), the largest property valuation company in Spain, releases a house price index. This index shows that having reached a peak in early 2008 Spanish property prices have since dropped by 10.1% as highlighted in the January 09 index.
Tags: data for property prices, tinsa
Can you beat the Exchange Rate Blues?
If you live in the UK and are interested in buying a property in Spain you will be very disappointed to see that the pound is currently hovering at an all time low against the euro. Are you facing the fact that your hard earned money will buy you much less in the way of Spanish property than it would a year ago?
Well don’t despair. Buying at better rate of exchange is not a thing of the past.
An article in the Times Online entitled “Still as Safe as houses” caught my eye as it suggested that the recent uncertainty around banks and guaranteed savings is leading people to invest once more in UK property – even though they are aware prices could fall further in the short term.
Tags: banks, buying property, Spanish Property
We are just about to greet our annual September influx of family visitors (September is a lovely time to visit Murcia) and I can almost guarantee that this year one of the recurring comments I will get is “Wow, all the estate agents have gone…..”.
Tags: Spanish Property Agents
I know any number of experts would answer me and say “why no one at the moment you fool!”. However from my own experience in my small corner of Spain I have to disagree. Buyers are not the mythological entities you may have been lead to believe – a variety of people are still actively looking to buy in Spain.
Tags: Spanish Property Buyers
