Reply To: Now an “ideal time” to buy says developers’ spokesman

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

#183073
Chopera
Participant

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.