Is it all going down faster and more than was expected ? Not nice for people affected, but i sure hope the altea area goes down soon and big, so i can step in for a more reasonable price. Just to give you an idea how overinflated the prices are in Spain/Uk, have a look at the picture at the end of this post, it’s a detached house on 780sqm nice and new, in Germany where the post/electrics/gas/internet and so on actually work and the asking price ? Well it’s 249.000 euro’s. The road down in spain is only just starting.
Why only 249k Euro, well did i mention that apart from Wein Weib und Gesang, there is not much to do here.