Spanish Property Insight › Forums › Spanish Property Forums › Spanish Real Estate Chatter › Now an “ideal time” to buy says developers’ spokesman › Reply To: Now an “ideal time” to buy says developers’ spokesman
I wasn’t aware of this index. The fact that it comes from the registrars implies it’s based on real transaction data rather than asking prices, etc – is that right? In which case I’m surprised it only shows a 32% drop from peak. Either way, I think we’re entering a period of several years when it’ll be a good time to buy – provided you know the local market you are buying into, and what represents value. I don’t think prices will go up significantly for a few years yet, so no money to be made from speculation, but they won’t go down much either so it’s a good time for those simply looking for a nice place at a reasonable price.