Spanish Property Costa Comparison
Tuesday, February 3, 2009 @ 2:35 PM
Thanks to a new series of Kyero.com property guides, you can now identify those parts of the Spanish coastline where you are most likely to find a Spanish property bargain.
By defining each costa as the strip of land within 5km of the sea, and overlaying our historical house price data, we discovered how each costa had responded to the downward pressure on house prices. By comparing asking prices in Q1 2008 with Q4 2008, we created this table of most keenly discounted property on the Spanish coast.
Even though it is extremely doubtful that properties are being purchased anywhere near the asking price, this table gives buyers an idea of where vendors and their agents have a more realistic expectation of sales price.
Read the rest of the article