… maybe you may want to wait another year or two before buying a home in Spain – but, do you want to waste another couple of years living in the UK or Ireland.
It’s not necessary “to waste another couple of years”. If you have the money to buy and are able to leave UK, surely the solution is to stick your money somewhere safe bringing in some interest and simply rent while riding out the fall in prices. There are certainly tons of rentals out there for the choosing.
To buy now rather than wait to me is madness, prices are only going one way in the foreseeable future.
Elizabeth C has a (already reduced) 450,000 euro villa for sale. I have a feeling she may well need to reduce further before a sale is found.