Now is the Time to consider buying in Spain again,
Prices in some locations have fallen by up to 50% and Bargains Galore, the Government has also halved the VAT for the time being to try to kick start the market again.
For buyers wanting a good value second home, or holiday home its time to jump in again
All the dreamers seem to have gone who seemed to be under the impression that huge gearing was a way to grow property portfolios in Spain.
Its a shame the banks didn’t stop the Insane lending several years ago, I don’t understand how the banks valuation departments got it so wrong.
when the market was good they where undervaluing, then when it topped out they where still overvaluing by 30% 2 yrs later go Figure?
