Reply To: Need to sell my Villa as my new house is ready

#71601
Anonymous
Participant

Hello John,

Yes Spanish stocks are down. But the housing market in general has been flat for 18 months or so. The Spanish interior minister anounced there is over supply of property and the markets droped. Certain areas of Spain are still doing well. Murcia for example has plenty of growth left at present as Polaris World open 9 new golf courses in the area and the new International Airport at Corvera (15 KM) from my house has been started and will be completed in 2010.

My house is a family home and not really an investment property, which is where most of the stagnation has occured.

People are still buying in spain to live, but the investors are holding fire at present.