Reply To: £ drifting towards 1.31 Euro…



@mark wrote:

The increasing cost of living in Spain is a growing problem. Many people buy here for a better quality of life and lower cost of living in retirement. As the cost of living differential with the UK shrinks, so does the reason for buying….Just another reason not to buy in Spain. Ho hum.


It was bound to happen, what’s happening here in spain is a rerun of what happened in Ireland around 1999-2002 and their Celtic Tiger. I call Andalucia Ireland with sunshine.

Business and well off people will pick the best locations and there will be less working class brits in Andalucia over the next few years and we should get back to price differentials between inland and the coast.