Looking at the market in my local area of Lincolnshire there seems to be an enormous amount of property entering the market however there are an awfull lot of sold signs going up generally within 1 month. The average property price around here tends to be in the 100-150k region.
I personally feel there is a fairly good market in Spain if the property is in the correct location, problem is that developers seem to buy land inland then build and build which creates a new village with around 1000+ properties this is out weighing demand, still selling the idea of “Off Plan”
Sadly greed is ruling the market and while the government are still making money they will not put a stop to over developing, even if it happens now it will be too little too late.
