Spanish Property Insight › Forums › Spanish Property Forums › Spanish Real Estate Chatter › Can Spain expect a spectacular recovery like Florida? › Re: Re: Can Spain expect a spectacular recovery like Florida?
I’m normally more optimistic than most (I’ve witnessed a recovery in Spain in the 90s from equally bad unemployment figures and a tourist sector far worst hit).
However I can’t see a “spectacular recovery” in house prices for a while, as the internal demand will take some time to recover.
Not to say there won’t be localised hot spots though. Make a note of where the Norwegians fly to – they are far wealthier than the Brit equivalents, and need to escape dire weather up north…5000 euros a month pension doesn’t sound at all bad!