Reply To: Spanish Costa property price comparisons

LoadingFavourite
#89913
Profile photo of Anonymous
Anonymous
Participant

@katy wrote:

If people have large mortgages (most do). They cannot reduce by 30%+. I do know a few who have withdrawn their for sale properties.

If they do not want to reduce by 30% now, then they will need to reduce by 50% next year.
Or hold on on the property for another 10 year till prices come back…

I know it is an extremely unpleasant situation.