Look to Spain for Bargains as Crisis Ends Says This Is Money

LoadingFavourite

This topic contains 0 replies, has 1 voice, and was last updated by Profile photo of Mark Stücklin Mark Stücklin 1 year, 7 months ago.

  • Author
    Posts
  • #186484
    Profile photo of Mark Stücklin
    Mark Stücklin
    Keymaster

    Thinking of buying a home in the sun? Look to Spain for bargain properties as housing crisis comes to an end, say experts

    After what seems an eternity, it’s over. No, I’m not referring to the General Election, but the long-running Spanish housing crash.

    ‘After seven years of consecutive declines we’re starting to see signs that Spanish house prices have bottomed out, and even started to rise in some segments,’ says Mark Stucklin, the Barcelona-based British editor of Spanish Property Insight, a website for buyers.

    Tinsa, a Spanish valuation service, says prices of homes on the Mediterranean coast rose 0.2 per cent in March – the first increase since January 2008, since when average values across that region have fallen by an extraordinary 48 per cent.

    Read more: http://www.thisismoney.co.uk/money/mortgageshome/article-3073631/Thinking-buying-home-sun-Look-Spain-bargain-properties-housing-crisis-comes-end-say-experts.html

    I wouldn’t say the crash has come to an end. From now on it’s a story of market segments, with some going up whilst others continue down.

You must be logged in to reply to this topic.