Tuesday, 3 November 2009
Spanish Property Prices - Word on the Street
The latest news update from the Spanish property portal Kyero confirms what many Spanish property agents on the ground have been seeing - Spanish property prices have touched bottom.Martin Dell from Kyero states that "I continue to predict a wave of foreign investment money flowing into Spanish property. Word on the street plus confirmation by Knight Frank that real Spanish property prices have bottomed out means that what we're waiting for now are the investors."
At Dream Spain we are seeing increasing amount of buyers looking at property on the Costa Calida. When you can buy a detached villa within walking distance to the beach for 160k euros you can understand why.
We will continue to add more great resales to our Spanish property portfolio over the next couple of weeks, to complement the really interesting new build properties already available.
Spain is still the popular choice for foreign buyers - I have no doubt about that. As I write this in November it is 25 degrees here on the Costa Calida. Property is available at great prices, interest rates are low, it all makes perfect sense.
Labels: Costa Calida Property, Murcia Property, Spanish Property Prices
