Is the time right to buy?
Discussion
dont do it! 15 years + to never are the current estimations for economic recovery,prices will at best stay depressed but may well fall further. the ambience in spain has changed beyond belief,the spainish continue their rip offs and then there is the crime wave,burglaries and rising costs of living.use the money for nice holidays and save the headaches.
well the 15 years + comment came from a meeting i had with 3 supposed proffessionals,one was a lawyer of a respected standing (costa blanca),another a bank director and the other fella was an estate agent who is still trading,the lawyer and wker oooops banker both agreed to the 15+ to never recovery comment,the estate agent thought maybe 8 years or so. it really is terrible over here,been here 10 years and feel trapped as property is stagnant at best. life here certainly isn't what it was. a huge % of houses in my area have been burgled(its not a bad area-far from it) and usually multiple times. we have been extremely lucky with just 2 attempted-doberman,alsation and do help tho buy toys and holidays is my honest advice,or at least look elswhere,spain is utterly fooked.
cabbron said:
dont do it! 15 years + to never are the current estimations for economic recovery,prices will at best stay depressed but may well fall further. the ambience in spain has changed beyond belief,the spainish continue their rip offs and then there is the crime wave,burglaries and rising costs of living.use the money for nice holidays and save the headaches.
Good advice.Spain is heading seriously down the pan. You may well not want to go there in ten years. Do NOT invest in property in Spain or Portugal.
Very, very risky.
Hello mate, mickrick here, living the dream!
Consider the cost of buying the place, the taxes which are being hiked every year, maintenance, keeping the place heated in the winter. That's a lot of Caribbean hollidays!
I'm stuck here now, so just trying to make the most of it. Spain is fooked!
Regards,
Mick.
Consider the cost of buying the place, the taxes which are being hiked every year, maintenance, keeping the place heated in the winter. That's a lot of Caribbean hollidays!
I'm stuck here now, so just trying to make the most of it. Spain is fooked!
Regards,
Mick.
smifffymoto said:
Simple question,holiday home in Almeria.
Detached,3 bed,2 bath,pool,private.
Don't put a penny into Spain, I lived there for 24 years and always thought it would be my home, but it has changed sooooooooo much, I managed to sell up everything except some land that I have at the back of Marbella,which might be allright for my sons in 20/30 years.Detached,3 bed,2 bath,pool,private.
I am in complete agreement with Cabron & Mickrick it is fckd and will be for years.
At the moment we are all looking at Greece, Portugal,Italy and Spain close behind just watch but do this from afar.
You will easily lose your shirt if you are not careful and don't take any notice of the st given to you by all the various Con Agents.
KEEP WELL CLEAR
mickrick said:
Sounds nice I quite like a bit of apres ski!
If you change your mind and want a 3 bed 2 bath ground floor apt./fridge, with a private garden, and a nice big terrace in front of the pool. PM me.
My 3bed/3bath is colder and just as available to you. If you change your mind and want a 3 bed 2 bath ground floor apt./fridge, with a private garden, and a nice big terrace in front of the pool. PM me.
Though given it was 3 degrees this morning, and pissing it down, I won't be surprised when you don't turn up.
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