Tag Archives: Property Market

ANALYSIS: GLOBAL PROPERTY PREDICTIONS 2012

Spain is another country where there are bargain prices that are likely to stay affordable during 2012. In parts of Spain you can get a new villa for €50,000. There seems little doubt that for those with the many Spain looks like a good buy in 2012. One area that a lot of people are talking about it Murcia where the new ParamountTheme Park is due to start construction in 2012.

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No Recuperation in Spanish Property Market Until Banks Relax Mortgage Lending

spanish_property_rentalsThe headlines shout ‘foreign boom’, foreign buyers snatching up Spanish property at a rate of knots, but Murcia agent Mercers says if banks continue to be tight with their loaning, full recuperation of the property market is a long way off.

 

Chris Mercer, Director of 30-year established Mercers, says, “The greatest loan-to-value for non-residents in Spain today is around 60%. However, the client must also pay 15% of the purchase price in taxes and fees so, unless you’re purchasing a bank repossession where they may lend up to 100% or more, you really want easy access to around half the money to buy a Spanish property. This debars a large number of people who require larger loans.”

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5 Reasons to buy Murcia Property

spanish_property_1MHLow prices

 

After 5 years of decline it appears as though Spanish property prices might have bottomed out. When the credit crunch hit the Eurozone in 2007, 700,000 homes fell to the Spanish banks. Within the Murcia area in 2007 an average price for a property was EUR 147,000. This decreased annually to EUR 45,000 in 2012, meaning some properties were actually being sold at 70percent lower than their maximum prices as banks were pressured by the European Central Bank to rebalance their books and clear away under-performing property resources. But, it appears as if average prices in 2013 are going to go up to EUR 55,000, indicating that the market may have bottomed out.

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What is Camposol?

camposol_sportsCamposol, which translated is countryside in the sun, is a substantial rural development based around an eighteen hole golf course. The development has more than 5000 homes, a hotel and spa complex, numerous shops, bars and eateries, together with key facilities for example a health centre and banks. Camposol is ideal for both a second home and holiday property, or for full-time occupants. There’s an array of dwellings to choose from, from low maintenance apartments to substantial villas with private pools. There are approximately 3500 long-term occupants, mostly British, but in addition a good number of Spanish and Europeans enjoy homes here too. Mainly because of the large amount of permanent occupants a genuine local community has evolved, with a variety of clubs, charitable groups and social groups having been established.

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Camposol Property

camposol1Obtaining a home in the sun is a dream of many. The Camposol development on the Costa Calida inside southern Spain is a really affordable situation of making that a authenticity. Camposol property has a lot to offer, with something for everybody, be it a low maintenance holiday accommodation or a villa with a pool for long-lasting residence.

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Spanish recovery? Business already booming, says agent

pic21January 22, 2014 in Europe, Featured News, Government and regulatory, Lifestyle & Leisure Properties, Market Trends, New Developments, News, News By Region, News By Topic, Politics, World News Leave a comment

 

 

 

pic22Experienced agent in Murcia says sales rose 60% in 2013, and construction of a long-promised theme park brings big hopes for future

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Amusement Park drives Hamiltons to double their Spanish property investment

hamiltonsOnce the Hamiltons purchased their unique holiday home in Camposol Golf on the Costa Cálida six years ago, they had no aspirations for gathering a property portfolio. Nonetheless, combining Barry’s impending retirement and reports of a Paramount-branded Theme Park inspired them to benefit from the current buyers’ market and acquire one additional property in Camposol Golf.

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Estate Agent Celebrates Three Decades in Spanish Property

Having started out in and around Spain’s Alicante back in 1983, Chris Mercer, Founder of estate agent Mercers, this autumn celebrates 30 years in the Spanish property industry – selling over a thousand homes in the process. Chris Mercer believes that he has sold a couple of thousand homes in the area over the past 20 years Murcia, Spain (PRWEB UK) 17 September 2013

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The truth about buying in Spain

pic13JANE SLADE assesses the property market in Spain and discovers it is not all doom and gloom but you do have to watch where you buy The Hondon valley, a hilly, rural enclave of villages and farms 40 miles inland from Alicante has been a peaceful idyll for many Brits who came seeking a place in sunny Spain away from the searing heat and concreted Costas. But since the recession many hit by the poor Euro exchange rate have been forced to sell their villas at rock bottom prices or hand the keys back to the bank.

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