Beach Front Properties - Subject to Depreciation

Each report I see about sea level rise suggests a further accelleration.

If 1.6 meters increase by 2100 - any property that is beach front and vulnerable is like being on a 90 year lease.

In say 20 years time prospective buyers are going to start being very wary about buying such properties when they subject to decreasing value.

http://english.aljazeera.net/news/europe/2011/05/201153222731219991.html

I wonder how many would be affected?

Don't the Spanish government now own all beachfront properties under the Ley de Costas law?

Some friends of ours own a property by the beach and when the storms are bad the sea comes right into their garden!  And theirs is a legal property not affected by the ley de costas.

We often joke with them that they need to sell up and move or else they'll have to eventually advertise it as a boat.

But yes, I think it is a concern and the sea is definitely getting closer and closer.

Justin

 A lawsuit against the humankind...... for misuse

This was on my mind when I brought my property we are Inland one KM and 83 meters above sea level but I would be more worried over the fossil fuel problem than sea level rises

Rod