Episode 3 of La Piedra podcast in which Sean Woolley of Cloud Nine Spain and Mark Stücklin of Spanish Property Insight discuss the Spanish housing market with Mark providing the macro-data perspective, and Sean reporting from the front line of property sales on the Costa del Sol.
In this episode Sean and Mark discuss the state of the new homes market on the Costa del Sol, how the year has started with strong demand and enquiries, and things you need to know about property bidding-wars in Spain, in response to a reader’s question.
johnmhughes@btinternet.com says:
I have noticed the massively high prices being asked for these modern sectional Scandinavian style properties.
You have to be a millionaire to afford an apartment in these not very Spanish looking buildings.
What would have been around 250,000 Euros for a traditional Andalucian style property in the Costa Del Sol region, the asking prices for these modern boxes is almost threefold that.
In the current economic climate, I am not so sure that these prices are sustainable.