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Latest official figures today show that sales across the country are down an average of 47%.
Hardest hit are Canarias 50.3%, Cataluña 51.4%, Valencia 52.5%. Rioja 51.9%. These are for re-sales.
New properties are Canarias 39%, Cataluña 46%, Navarra 47%.
The article states that “foreigners have fled the market”. Capital Cities although down are not as drastic.
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More info on this:
http://www.spanishpropertyinsight.com/buff/?p=245Mark
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“Hardest hit are Canarias 50.3%, Cataluña 51.4%, Valencia 52.5%. Rioja 51.9%. These are for re-sales.”
What would you think about Canary Islands?
Fuerteventura has the best beaches in Europe and the climate is as good as it gets in Europe.
But the distance is quite big and airfares might go to the roof soon…
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flosmichael
Fuerteventura is horrible. Went there for a holiday a few years ago, it was like a characterless windy desert, and the sand gritty. The bars were full of loud mouthed brits…….just my finding, based on one holiday, each to his own and all that.
I wouldn’t buy there. Much prefer Costa Brava, even with its dodgy weather.
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“Fuerteventura is horrible. Went there for a holiday a few years ago, it was like a characterless windy desert, and the sand gritty. The bars were full of loud mouthed brits…….just my finding, based on one holiday, each to his own and all that.”
Depends where you go… I agree that Caleta de Fuste and Corralejo are infested with
drunks and bad-taste music.But Costa Calma, El Cotillo and Jandia have wonderful beaches. It is true that
Costa Calma and Jandia are mostly for German tourists and there is barely a Brit soul around… -
flosmichael
it was Corralego i think where we went. To be fair, i have heard good reports from other people holidaying on the Island. We had bad weather, and on top of ererything else it just wasn’t memorable.
As you say, if air fares increase, the canaries will suffer. Probably also other slightly longer haul flights like Turkey? Italy only took an hour and a half this summer, so could get more popular?
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Property sales down 73% in second quarter over last year in Almería. See notes on http://www.theentertaineronline.com/news.php?item.584.6
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I’m off to Fuerteventura next month for windsurfing and am staying at Corralejo. I’ve arranged to view a few properties in both the town and surrounding areas. Sales are obviously flat, and I see few ‘bargains’. Prices have been cut, particularly on those properties just outside the town, such as Pueblo Canario, but seem to be holding up in the town. I’m attracted to the possibility of being able to rent throughout the year, but the flights are not cheap. I think the landscape is one that you either love or hate. I’ll let you know if the bars are full of drunken Brits! My understanding is that tourism has taken a bashing this year.
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Sorry but I’ve never come across hoards of drunken Brits in Fuerteventura even in the main towns. There were bars and restaurants to suit all tastes. Mostly young families and older people attracted to the more laid back atmosphere and the fantastic climate. If anything the complaint was that it was too quiet. You can count the number of nightclubs on the whole island on one hand. I agree that prices for flights are restrictive but that also deters those who want cheap booze fuelled holidays.
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Villan
when we went, (slightly out of season) there wasn’t loads of brits, but the ones that were, were mostly loud ex-pats. It was cold in the evening, and dull (a bit dead) in the daytime, with a constant wind that blew the gritty sand in to your face and everywhere.
I think we just had a bad one, many others seem to like it, but it was the only holiday we have ever had where we really felt we had made the wrong choice.
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katy wrote:I have been to 3 on the Islands and I did not like any. May be a few degrees warmer in winter thats all. There are a lot of people who like Tenerife, I hated it seems to have the worst class of Brits.
Well said ,Katy. I hated Tenerife and Lanzagrote was horrible and I am told around Las Palmas is worse. Have never understood why people went there considering the length of flight, ok the weather is assured . Sun ,sand and the sea do not interest me much any way but if I were looking for those three items I would go to Florida or the Caribean, rather than the Canaries.
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There is a wholly different Tenerife beyond the likes of Playa de las Americas, mainly in the north. It has the most beautiful and spectacular mountain landscapes around Mount Teide and in the north in the Anaga Mountains. The beaches at San Andres and the Anaga are excellent and there are attractive Spanish towns and villages. I liked it although the climate north of Teide is not as good as the south.
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“There is a wholly different Tenerife beyond the likes of Playa de las Americas, mainly in the north. It has the most beautiful and spectacular mountain landscapes around Mount Teide and in the north in the Anaga Mountains. The beaches at San Andres and the Anaga are excellent and there are attractive Spanish towns and villages. I liked it although the climate north of Teide is not as good as the south.”
I agree. I loved the hike on Mount Teide, one of the most interesting experiences of my life.
I also enjoyed the Buenavista area in the North East of the island, secluded and beautiful.Playa de las Americas, Adeje and Los Christianos are dump areas, one should avoid them by all means. I have been once to Tenerfie, I do not think I shall go again.
In what concerns Fuerteventura, one should only go to the areas South of Costa Calma
or El Cotillo. In my opinion there lie the most beautiful beaches in Europe. The only imense problem with Fuerteventura is the cost of travelling there which can be 3 times as much as a trip to Mainland Spain (I prefer 3 holidays instead of one…) -
i love fuerteventura been to all the other canary islands but fuerte is the best .beaches are fab,you cant beat the waves for water sports , lovely villages,nice harbour, water park is great value for a day out ,the zoo is great value ,you do get a breeze but it helps to keep you cool. when there is no breeze you roast july /aug /early sept .ive been many times never once seen any lager louts or loud ex pats .go to the back streets and find the best eating places i highly recommend THE AVINIDA spanish family owned .one down side the flights are expensive will miss xl they had the best winter flights
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