Re: Re: Costas – When will this market bottom?



@Rocker wrote:

Spain has one ingredient sadly missing from the UK (otherwise I might be writing this from Kent rather than the Costa Blanca), an abundance of sunshine which induces optimism in even the most calculating of British hearts, and the sense of adventure which springs from setting off on a journey into the unknown.

Most of the incomers to Spain are blinded by those two factors, caution goes out of the window and who cares if the white-washed villa in the glistening sun doesn’t have all the paperwork in order. They’re not going to knock down such a beautiful building, are they? And the estate agent and lawyer says it’s all right. And it’s cheap as chips.

a) The sun shines on all the planet.
b) You try buy a house costing 150k euro’s on an average UK income of £27k (leaving savings of £1k per year).