Strong Pound = Cheaper Spanish Properties

Mercers are featured in this article taken from Yahoo Finance.

 

Due to a strengthening Pound Sterling, the average property price in Murcia, Spain is now something like 60% cheaper than in 2008.

 

This is due to the property values having fallen by 50% and a 10% weakening of the Euro. All of this add’s up to a buyers paradise in Spain and in Murcia where there are some excellent bargains to be snapped up.

 

The following article explains more:

https://uk.finance.yahoo.com/news/is-now-the-time-to-buy-a-property-in-europe—140647525.html