Re: Re: Press articles about the Spanish property situation

#108932
angie
Blocked

Some of those who posted their comments on that article are deluded souls who bought pre-boom and now live in outdated properties, pretending their properties have not fallen in price. If Greece and Spain exit the Euro, their properties could bomb.

I’ve met lots of such people who have urbanisation and other problems surrounding them, unfinished developments, noise from dogs and other residents, little income, and they pretend there is not a problem and that they are happy in the sun, but they would move back if they could. You have to feel sorry for them.

So many unsold new and resale homes, high completion costs, poor exchange rates for Brits, Eurozone worries etc etc make it highly unsafe for Brits to buy in Spain now 🙄