Re: Re: The Spanish property market in 2010

#99557
Anonymous
Participant

Hi,

As a Spanish builder, I would like to share some “insight” (there ain’t no better place than here I suppose). We have felt a very big dip in sales this year, more than last year. We have been able to make up lost ground with VPO (subsidised apartments) which has done fairly well with young local people.
What we have seen is a total absence of UK buyers in the 200 + Euro properties on the Costa Blanca. We can’t find them anywhere, not at exhibitions, on the web, through agents…etc, so we don’t really expect to have UK clients in the near future as our starting price is 250,000 €.
Let me know if you would like to know more about what I think about the spanish market.