Reply To: Anyone planning to take advantage of buyer’s market in 2008?

Spanish Property Insight Forums Spanish Property Forums Spanish Real Estate Chatter Anyone planning to take advantage of buyer’s market in 2008? Reply To: Anyone planning to take advantage of buyer’s market in 2008?

#77100
Anonymous
Participant

There is, thank goodness, much much more to Spain than illegal ugly new builds on the costas…there are plenty of bargain legal resales to be had “inland”…if I had spare cash that´s what I´d be buying this year…

According to the Spanish Ministry of Housing (MVIV), just 25% of property purchases by foreigners in Spain in 2006 were new builds i.e. three quarters of foreign buyers chose to buy resales.