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Full Version: Huercal Overa Almeria To Live But Great Value
House Price Crash forum > Investment > Overseas property investment
BrianR
I have already bought for investment in Almeria now a part time winter home

Close to Huercal Overa a prosperous Spanish Town

It will have an adjoining self contained section attached so it is really a 4 bed 3 bath Villa in 400m2 plot and room for a pool..cost 217.000 € including IVA

25 mins from coast and you can walk in 20 mins to the Town

60 plots and still some left

Great location...eventually this will be the base for looking after my investments!

If you want info e-mail me rowlandsbb@aol.com

Brian Rowlands BSc FRICS
OLDFTB
Thanks for that. It's always nice when an agent or developer pops in to try to sell us some of their non-shifting, loss making, Spanish property.

And don't bother denying it as i've seen exactly the same stuff you have posted on other property forums.
BrianR
QUOTE(OLDFTB @ Apr 18 2007, 05:23 PM) [snapback]611182[/snapback]
Thanks for that. It's always nice when an agent or developer pops in to try to sell us some of their non-shifting, loss making, Spanish property.

And don't bother denying it as i've seen exactly the same stuff you have posted on other property forums.


No problem
And you are correct I have posted on other sites
I am a Chartered Surveyor & Overseas Property Consultant and I have posted similar details to other Forums
It is a bit like ' in modern terms' of putting a leaflet through you letter box ....I get then from Tesco etc every week & e-mail to buy wine
But I abide by the code of conduct of the Royal Institution of Chartered Surveyors...probably the most pre-eminent professional Property Body in the World [see www.rics.org ]
So everything I say is correct & professional

Yes I want to sell...it's my job but to anyone who wants something similar it is very good and with all the TV which is 'just for a good storey' people who do want to go to Spain need professional assistance & also investors
Brian Rowlands BSc FRICS
Casual Observer
QUOTE(BrianR @ Apr 18 2007, 05:49 PM) [snapback]611216[/snapback]
No problem
And you are correct I have posted on other sites
I am a Chartered Surveyor & Overseas Property Consultant and I have posted similar details to other Forums
It is a bit like ' in modern terms' of putting a leaflet through you letter box ....I get then from Tesco etc every week & e-mail to buy wine
But I abide by the code of conduct of the Royal Institution of Chartered Surveyors...probably the most pre-eminent professional Property Body in the World [see www.rics.org ]
So everything I say is correct & professional

Yes I want to sell...it's my job but to anyone who wants something similar it is very good and with all the TV which is 'just for a good storey' people who do want to go to Spain need professional assistance & also investors
Brian Rowlands BSc FRICS

Great idea to advertise on a house price CRASH forum . You should get lots of people interested in buying laugh.gif
Casual Observer
QUOTE(BrianR @ Apr 18 2007, 05:49 PM) [snapback]611216[/snapback]
So everything I say is correct & professional

So why didn't you tell us what you were trying to do on your first post.

Instead of posing as an investor yourself rolleyes.gif
BrianR
QUOTE(Casual Observer @ Apr 20 2007, 08:50 PM) [snapback]613894[/snapback]
So why didn't you tell us what you were trying to do on your first post.

Instead of posing as an investor yourself rolleyes.gif

I am also an investor
I have bought off plan 2 investments at present..... and a part time home at Huercal Overa
I am a professional [ FRICS] and I do not pose as just an agent
Any one who wants me to assist them in buying in Spain will soon find out the full details if they wish
Brian Rowlands BSc FRICS
spanman
QUOTE(BrianR @ Apr 18 2007, 06:11 PM) [snapback]611167[/snapback]
I have already bought for investment in Almeria now a part time winter home

Close to Huercal Overa a prosperous Spanish Town

It will have an adjoining self contained section attached so it is really a 4 bed 3 bath Villa in 400m2 plot and room for a pool..cost 217.000 € including IVA

25 mins from coast and you can walk in 20 mins to the Town

60 plots and still some left

Great location...eventually this will be the base for looking after my investments!

If you want info e-mail me rowlandsbb@aol.com

Brian Rowlands BSc FRICS



And in the FT today

Spanish real estate companies took a hammering in the stock market Thursday as evidence mounted that Spain’s 10-year property boom is over.[
Shares fell in Fadesa, Inmocarral, Colonial, Metrovacesa and Urbis, after a year of feverish speculation that had seen real estate stocks rise by more than 1,000 per cent in some cases.

But Thursday, disappointing data on house prices and reported trouble with some companies triggered a big sell-off.

House prices rose 7.2 per cent in the first quarter, the lowest increase in eight years, according to data published Thursday by the housing ministry. In many regions, house prices are falling.

The ministry said there was now oversupply, with licences issued for 800,000 new housing starts compared with an estimated demand for 600,000. Builders say there has been a rush to apply for construction licences ahead of stringent new environmental standards that come into force this year, and that this has added to the glut of unsold property.

The tepid news from the housing ministry came on top of reported trouble with some companies and controversy surrounding Sacyr Vallehermoso in France.

Astroc Mediterraneo, star of the real estate sector, went into free-fall on Wednesday after the company’s audited accounts for 2006 revealed that part of its profits came from the sale of assets to a fund controlled by chairman Enrique Bola-ños. Astroc’s shares fell 43 per cent in one day, wiping out €2.3bn ($3.1bn) of its market value.

The shares gained 6 per cent Thursday after the company denied that some of its biggest shareholders, including Amancio Ortega, chairman of the Spanish fashion group Inditex and Spain’s wealthiest businessman, were jumping ship. Mr Ortega owns 5 per cent of Astroc through an investment trust.

Mr Bolaños became a paper billionaire after Astroc was listed in June last year. Astroc’s shares rose more than 1,000 per cent and were worth €72.6 at their peak in February, when the company was valued at €9bn.

But according to Spanish trading houses, these kind of valuations for real estate companies are a thing of the past.

The Spanish real estate sector is not a bubble, it is a huge balloon. When it blows up there will be an enormous bang,” said one Madrid trader.

Traders said most investment funds had already exited the real estate sector, and that the free float for many of the listed companies was very small.





Casual Observer
QUOTE(BrianR @ Apr 20 2007, 08:56 PM) [snapback]613899[/snapback]
I am also an investor
I have bought off plan 2 investments at present..... and a part time home at Huercal Overa
I am a professional [ FRICS] and I do not pose as just an agent
Any one who wants me to assist them in buying in Spain will soon find out the full details if they wish
Brian Rowlands BSc FRICS

Seriously, why tout for a business on a site dedicated to a house price crash??

I'm fascinated.
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