Tuesday, 8 May 2007

Welcome to my new blog...

Hi, So here we are, at the time of writing we are in the midst of a Spanish "property crisis". Does it occur to anyone else out there that Spain is always going to be there, just a short flight away from this grey and expensive country? Uk citizens are always going to want to go to Spain because its conveniently close and sunny. I think the "crisis" has been inflated by the press and should be taken with a "pinch of salt". As with all rising property markets, there will be acceptable levels at which property speculators and buyers will purchase. There are certainly developments out there that are purely "investment led" and there are properties that are more appealing to genuine buyers looking for a second home in the sun. The market may well be in for a certain alignment with other younger "hot-spots" but especially if you have bought off plan, the motto should be DON'T PANIC!! Other "competitor" markets are still rising and Spain will always bounce back. I have already spoken to people who are looking to buy now at discounts and wait for prices to re-align.