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Is the Spanish housing market a steal?
According to this article house prices have dropped 6.4% in October, compared with October 2010. The overall price-index, with 1000 as a base for 2005, now stands at 891. That would imply a price drop of only 11%. If you take … Continue reading
Posted in economy, real estate
Tagged construction industry, insolvent banks, location, Marbella, promotors, real estate, Spain, Spanish housing market
3 Comments
Marbella again proves right the old adage: location, location, location!
Yesterday an old friend came bursting into the office all excited. “I finally sold my house, he exclaimed enthousiastically.” What do you mean “finally?” I asked.”You only had the house on the market for eight months.
Posted in real estate
Tagged depression, housing market house prices, location Marbella, Marbella, Spain
1 Comment