Re: Re: Price uncertainty is main reason for delaying purchase

#84454
Anonymous
Participant

As this is my first post here, good afternoon everyone…!

As to the question posted in the title of this thread, I agree that there are many possible answers, depending on the situation of the prospective buyer, and their reason for buying. However, even to someone like me, who has no direct experience in the Spanish property market, it has become apparent that agents are generally talking up prices, even though they are clearly still falling in lots of areas. I think that UK buyers are finally realising this, and are starting to be more careful about parting with money.

Certainly in my situation, I am in no great hurry to buy, as I doubt that the market in Southern Spain has bottomed out yet, particularly because there are so many empty properties available. However, I have very different reasons for buying than most other people, and also different requirements.

D