Please note this is not an anti Spain thread, just buy a anti buying a house thread
Why in God's name would any be stupid enough to buy a place in Spain after reading horror stories posted here and elsewhere. Are people willfully blind, it is the only reason I can think that anyone would be stupid enough to buy a property in Spain, particularly when you can rent for far less money and ZERO risk to life and limb.
For example (yes not the coast but same idea) we are moving into a beautiful chalet in the north of Madrid, rent a grand a month or less than a third the cost of buying it. Not only that had we followed conventional wisdom and decided not to throw our money and buy (at a higher cost) we would have missed an opportunity to move to a far nice place. Still in spite of that several friends can't understand why we won't buy.
I can understand someone buying during the boom, we all make mistakes but buying a house in Spain now (particularly if you're paid in pounds) is utter foolishness and you have only yourself to blame if things go south.
BTW I can understand why no here wants to talk about this as forums like this make their money peddling real estate.