123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Real-Estate-and-Foreclosure >> View Article

Is Now The Time To Invest In Spanish Property?

Profile Picture
By Author: Rich Spain
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Risk?

There's risk attached to pretty much everything when it comes to playing with your hard earned cash, the Spanish property bubble expanded and burst, then the market faced a stale flatlining period which potential buyers simply held back waiting for something to happen, that "something" was for priced to fall or to bottom out completely. Nobody is quite sure if it has completely bottomed out, so there is still an element of risk in some people's in whether prices are going to fall further.

Banks didn't off sell properties for massive losses as this would have put the coffers in even greater in the red, however with the new bailout of the banks we could see property prices fall dramatically and banks finally off loading the over priced stock that they have been sitting on for far too long. Again, this is all if's but's and maybe's however it is increasingly likely now as the banks will now look to clean up and shape up.

Early days!

I hear you say, "But prices haven't yet fallen and it's still early days?". Prices have been in free fall (especially if you are a home owner already) dropping by 7.3% ...
... year on year since the bubble burst, it is early days in terms of the outcome of the recent banking bailout. If we look at Ireland as an example where property prices fell by an astonishing 55%, Spain does have some way to Discounted Properties Spain fall back inline and meet a creditable valuation of the property market.

But investment is about being ready, at the right place at the right time - and the serious investors will now be looking and paying very close attention to the real estate industry in the southern European country with dollar signs rolling in their eyes, as we all know someone's misfortune is another person's gain!

So is now the time to buy?

I could just offer a sales pitch and say … Yes, definitely now is the time to buy, it might be and in some cases there will be the perfect property for someone at the right place, price and time. Now is the time to be studying and paying close attention, time to register your interest and be in a position to pounce when the opportunity arises, because believe me - it is not too far away and it will not be a boat to be missed.

CheapSpainProperty.com offers the very lowest priced Spanish property for sale in the sought after locations of the Costa Blanca and Costa del Sol. Also a large selection of bank owned Spanish properties.

Total Views: 33Word Count: 433See All articles From Author

Add Comment

Real Estate and Foreclosure Articles

1. What Is The Purpose Of Title Search?
Author: SKP Title LLC

2. Best Sectors In Dha City Karachi
Author: FR Associate

3. Midland County Residential Values Increase 7.8%
Author: Poconnor

4. Comprehensive Guide On Farms For Sale Western Cape To Help Over Financialmatters
Author: Andrew Botha

5. 10 Factors To Consider Before Taking A Home Loan
Author: Milan

6. Corporate Apartment Vs Hotels Which Should You Consider
Author: Milan

7. The Best Method To Find Your Luxe Apartment In Ahmedabad
Author: Milan

8. Highlands Godrej City Panvel
Author: AnilKumar Yadav

9. 5 Ways Selling A House As-is In Atlanta Can Help You Save Money
Author: Diamond Equity Investments

10. Nirala Group 2/3/4 Bhk Ready To Move Flats In Noida Extension
Author: Divya singh

11. 10 Benefits Of Using Point Cloud To Bim Services In Construction
Author: Reetie

12. An Amalgamation Of Apartment Life And Privacy At Isnapur
Author: Nikhil Gattu

13. The Benefits Of Manufactured Sand
Author: Doctorsnd

14. Buy Residential 3/4 Bhk Apartments In Trump Tower Sector 65 Gurgaon
Author: mitahighendrealty

15. Interior Tips For Your Villas In Budigere Or Apartments In Budigere Cross
Author: Aratt Builders

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: