Tag Archives: Property Market

Priceless Spain

pic5The Spanish government has been edging along a political tightrope as UK buyers put the brakes on their aspirational holiday home purchases. In a country whose property industry accounts for well over 10 per cent of its gross domestic product, the decline in the housing market has had grave repercussions for tourism and the economy. Steady reports of agents and developers going bust, migrant workers being laid off and major developments being postponed indicate that it’s not just foreign buyers feeling the bracing effect of Spain’s property slump. With some agents offering dramatic discounts – in some cases, two for the price of one – to revive flagging sales, unemployment and property devaluation are two of the major concerns now faced by developers and municipal governments alike.

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Find your El Dorado

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When it comes to metropolitan living, Spain has cities to suit every buyer – and every budget. Laura Latham investigates

 

Madrid and Barcelona may be Spain’s fast track to cosmopolitan culture but if you want the charm of Latin life, with the benefits of an urban setting,the country’s smaller cities are the perfect compromise.

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Bag an Iberian bargain

press_article1_img1Despite a market slowdown, it may be the ideal time to buy a property in Spain or Portugal, says Ginetta Vedrickas

 

 

As the credit crunch bites, buying a golf home is probably the last thing on your mind. The ultimate luxury purchase, traditionally a golf home has been the preserve of the cash rich, yet for those ofus with shallower pockets, this may just be the time to bag a bargain and where better to hunt than in Portugal and Spain?

 

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