spanish property the buyers are back and looking for bargains
News Posted On: 28 September 2009
Spanish property is still among the most popular with British buyers according to data released recently by overseas mortgage provider Conti.
Of all overseas property transactions involving British buyers seeking mortgages from Conti, some 22% of them were for properties in Spain.
The Spanish market is benefiting hugely from the prevalence of lifestyle buyers in the market looking for bargains. And there are certainly plenty of bargains around.
The fact that Sterling has once again nose-dived against the Euro, has meant that British expats can currently sell their Spanish property at a huge discount, without losing too much once they exchange the Euros back into Pounds.
That is before we mention the dozens of repossessed properties currently available in Spain; Spanish villas being sold at up to a 50% discount.
The resounding feeling at the moment is that it is time to buy, even that national pres in the UK is covering overseas property markets again, like it hasn't for the past year. The coverage is heavy on established markets like Spain, but there is even some coverage of emerging markets like Morocco, that really prove the mood has changed.
The repossessed properties have been selling in a matter of days, and people don't want to miss out.
View property for sale in Spain
View repossessed property in Spain
View overseas property for sale
Back to news articles for this country
Latest Related News Articles in Spain
Girona Property Market Bucking the Trend
2012-01-31
One of the best performing property markets in Spain is Girona, according to independent research fr.....
Banks Offer Amazing Deals on Repossessed Properties in Spain
2012-01-10
In an attempt to reduce the amount of repossessed property on their books, Spanish banks are offerin.....
Foreign Buyers Being Tempted by Spanish Bargains
2012-01-07
Sales of residential property to foreigners living in Spain increased by 24.7% during the third quar.....
Will 2012 be the Year of the Spanish Recovery
2011-12-29
Spain crashed harder than most, and now going on for four years into the down cycle Spain has a moun.....
Ryanair Launches Dozens of New Spanish Flights for 2012
2011-12-21
Ryanair is planning to launch dozens more flights from the UK to Spain next year, due to traffic gro.....
Spain Property Good to Firm in Places
2011-11-29
It is getting harder and harder to doubt that the Spanish property market is seeing a recovery of so.....
Spain Property Experts Hopeful of New Stimulus Package
2011-11-22
Spanish property experts are hopeful that the recently elected government will quickly enact stimulu.....
Majorcan Property Market Looks Set to Remain Steady
2011-11-11
The property market in Majorca has performed relatively well this year, with sales well up on last y.....
Doubts Over Spanish Land Registry Plan to Make Info Available in English
2011-10-31
Making Land Registry information available in English could make matters worse for the Spanish prope.....
Prices in Spain Continued to fall but Luxury Property Performing Better
2011-10-25
According to the house price index from Tinsa, average residential property prices have dropped by 7.....