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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Low cost show in Madrid sold more than 50 million € real estate this weekend
Monday, September 28, 2009 @ 11:42 AM

The property "Low Cost" show in Madrid, closed its doors yesterday after receiving over 45,000 visits in three days and negotiate "real estate transactions in excess of 50 million euros” and contacts to realize operations in the coming days by more than 40 million" explained the president of the show, Enrique Lacalle.

In a statement, Lacalle said the success of the public "shows once again that there is interest in buying so now that prices have fallen substantially, the time has come to." In his view, there is a "pent-up demand that is exploding with discounts which shows that, if there are financing and rebates, there are sales and... a lot of sales”

The busiest stands have been the Banks´, with more resources to marketing: sellers, computers... and the most interested ones in releasing the stock.

The next chapter of this "low cost" show will be held in Barcelona from October 27 (Barcelona Meeting Point). As for Madrid, the hall will reopen next spring and will be "much bigger," the organization said.

What about EOS members having a stand there next time? It might include owners with payment difficulties, owners claiming back deposits, owners wanting to resale... We, Costaluz, offer to cover the legal aspects of it if you want.... it is just about talking.

Let´s start the week with some renewed enthusiasm about Spain and its richnesses.

Best,

Maria

www.costaluzlawyers.es

Autumn colours in Cercs ( Barcelona) by SantiMB at flickr.com

 



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