07 Dec 2008 12:13 PM:
Our neighbours manage a large spanish rentals company which has numerous branches throughout Spain it is mainly reliant on bookings being taken over the internet. they assure me that, unlike other years, the rentals market has taken a helluva' of a beating! Both the spaniards wishing to holiday by the coast and other nationalities have chosen to remain "at home" leaving many properties empty even during the high season.
It is not only the property owners who are finding it tough, spare a thought for the other people reliant on your properties rental, they too are suffering as a consequence of the "down-turn".
Let's hope that the current economic depression is short-lived and that a brighter outlook can be enjoyed in the new year!
Regards,
Pedro.
Thread:
Poser for all you rental owners
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