Re: Re: Rustico property valuations massively down.


I agree with Chris’s estimate too, was shortly after that when estate agents started to close down. Perhaps it carried on for a while longer inland as people were priced out on the coast. Rustic property was even more overpriced than the coast….Spanish were selling wrecks in the countryside for about 50,000 when they were only worth about 20,000. British were then “cosmetically” reforming them and asking about 150,000 when they had only spent about 15,000 on the facelift.