The Costa del Sol - News
Thursday, June 12, 2008 @ 3:06 PM
Well it's the start of a new week here on the
Costa del Sol and the sun is out. Seems like the press have been at it again with their 'opinions' on the
Spanish property market and the impending property crash in Spain.
Personally I am not sure here they get all of their facts and figures from. Of course the Spanish property market has slowed down and the prices have fallen slightly but to be honest that has been expected for a while now.
Artemis Internet Marketing do the
SEO in Spain for a number of estate agents and have seen first hand the number of property enquiries diminishing over the last 18 months at least. So in real terms it would appear that the 'slow down' started over a year ago. However some of the figures being thrown around by the UK press are very
exaggerated.
At the end of the day the slow down has not been driven by overpriced property nor has it been driven by 'dubious' planning and corruption - this has been going on for decades and still is in many of the 'emerging' property markets, yet we do not read about those. It is however affected by the credit crunch and the weak pound / strong euro.
There are still people buying and NOW is a superb time to pick up a bargain.
Where else can you be 2.5 hours from the UK and find sunshine most of the year, a good solid infrastructure, good
health care, good schools, a lower cost of living, a healthier climate etc. etc?
For these reasons Spain will come back as the FRONT RUNNER for property buyers abroad.