Friday, Jul 25, 2008
What to do if you're trapped in Spanish property gloom
MoneyWeek: What to do if you're trapped in Spanish property gloom
For increasing numbers of Brits, the dream of owning a trouble-free place in the sun is rapidly turning sour. So, if you are planning a move to Spain, in spite of an increasingly fragile economy and soaring living costs, then rent – don't buy.
Posted by damien @ 02:31 PM (1029 views) Add Comment
11 Comments
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1. mark said...
GIVE UP!!!!!!!!!!!!
2. paul said...
Sell up and come home to the drizzle concrete spray painty bus shelter muddydogdoo pebbeldash detached suburbia.
3. drewster said...
At least by living in Spain you'd be spared the pain of higher heating costs this winter....
4. hpwatcher said...
What to do if you're trapped in Spanish property gloom
Suicide?
5. plato said...
"What to do if you're trapped in Spanish property gloom"
Return home, turn yourselves in. The sentence will be lighter.
6. enuii said...
You've lived the dream now come back down to grim reality.
7. plato said...
Just found the name of the Spanish Consumer Rights Organisation. It's Called :- FACUA
---------------------------What can I say?--------------------------------
8. jack c said...
Received an e-mail from a guy recently who is selling repo properties in Spain - the first one to go of those he had available was a 32million euro property sold this week for 2.2 million (have double checked the figures and it really did go for this amount ie that owed to the bank). This re-affirms what I have said on similar threads ie a property is only worth what someone is willing and able to pay for it !
9. Chief said...
Jack C, did i read that correctly or did you leave out a "." ? can you post details, links etc? thanks...
10. Mytimeisnigh said...
The spaniards do not want them there and would be relishing this, other than the fact that they are suffering too.
11. Mallorca Property For Sale said...
Mallorca properties are now becoming very popular these days…Correct pricing can make up for a lot of negative factors. Sellers have to realize that in todays market price is key.Spanish property market in realestate industry is one of the most demanding destination worldwide.I want know some more details about it.I think this will help me a lot to proceed me. I am waiting for your response.