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Search: Posts Made By: Charles_Austin
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Forum: Spain
Jul 6th 2008, 10:28 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

A good one to check:

http://www.expocasa.com/preciometro/
Forum: Spain
Oct 6th 2007, 5:17 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Yeah, they are still building them. Last year 800000 new houses were built in Spain (more than in the U.K, Germany and France together). Greed seems not to have a limit.
Forum: Spain
Oct 5th 2007, 2:07 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

And more:

http://www.publico.es/dinero/004111/busca/comprador/500000/viviendas
Forum: Spain
Oct 5th 2007, 10:51 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

It is. It would be a good idea for you to learn a bit if you are coming to live to Spain. Reading is easier.

You can always translate the article in google anyway.
Forum: Spain
Oct 5th 2007, 10:06 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

http://www.abc.es/20071005/economia-economia/crisis-ceba-vivienda-usada_200710050252.html
Forum: Spain
Aug 24th 2007, 7:03 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

:rofl::rofl::rofl:..OK...another one for the guy with the huge member:

http://www.elconfidencial.com/cache/2007/08/23/71_promotores_tendran_hacer.html
Forum: Spain
Aug 24th 2007, 6:35 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Yesssss!!! I think I am going to start doing it daily just to prove Keith wrong :rofl::rofl::rofl:
Forum: Spain
Aug 23rd 2007, 7:50 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

But before that you all have to watch this video from the CNN:

http://www.cnn.com/video/#/video/world/2007/08/22/goodman.spain.housing.crunch.cnn

SCARY
Forum: Spain
Aug 22nd 2007, 5:28 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

I will, believe me...just for your pleasure :lol:
Forum: Spain
Aug 22nd 2007, 5:15 pm
Forum: Spain
Aug 21st 2007, 4:51 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

WOW....It seems even the CIA is worried:

https://www.cia.gov/library/publications/the-world-factbook/geos/sp.html#Econ
Forum: Spain
Aug 17th 2007, 9:20 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

I believe you are not very aware about the housing problems in Spain. The number of youths looking for a holiday home is almost not-existant. They are more worried about finding a place to live. Did...
Forum: Spain
Aug 17th 2007, 6:11 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Estate Agencies in ALICANTE go from selling 20 houses a month to selling 2:

In spanish:
...
Forum: Spain
Jul 30th 2007, 10:45 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Well...things have changed a lot around here. 15 years ago there weren´t thousands of horrible buildings at 100 yards of the coast for instance. People liked us...now many thing we are like a virus...
Forum: Spain
Jul 30th 2007, 10:18 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Well...for that money I don´t think you can by anything in Spain really...maybe a 30 m. studio in the middle of a wasteland (and there are so many of them in the South of Spain)... There are not...
Forum: Spain
Jul 29th 2007, 12:03 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Well...would you pay 200000 today for something your will very probable be able to buy in 2008 or 2009 for 150000? Or even a lot less...who knows
Forum: Spain
Jul 29th 2007, 11:22 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

It will have stopped almost completely by the end of the year. Murcia is one of the most saturated areas in Spain
Forum: Spain
Jul 29th 2007, 6:25 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Hi everybody,

Please watch the following reportage made by the BBC about 15 days ago:

http://www.youtube.com/watch?v=TdxmuTh313o

Please check the reaction of the Spanish housing minister on...
Forum: Spain
Jun 10th 2007, 11:37 am
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Hi,

Yes I own a house in Malaga and another one in Llanes (north of this beautiful country). I bought them when everybody had access to housing in Spain.

Check this video:
...
Forum: Spain
Jun 6th 2007, 12:39 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Be careful and don´t buy your house in one of these towns:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ar3L878k5YM4

Or follow the experts´ advice and don´t buy at all:
...
Forum: Spain
Apr 24th 2007, 2:38 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

And finally the Housing bubble has exploded. There you have the CNN news:

http://www.elpais.com/videos/economia/Desplome/bolsa/elpepueco/20070424elpepueco_1/Ves/

It was clear something like...
Forum: Spain
Apr 16th 2007, 4:11 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

The main problem is the Spanish authorities are doing nothing about this problem. There are just too many people getting profit out of real estate sales.
I would say not many Spaniars suffer this...
Forum: Spain
Apr 16th 2007, 12:56 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

The main problem is that there are a large number of people making money out of the sale of a property and many of those nice guys don´t give a sxxx if it will be knocked down or not in the future....
Forum: Spain
Apr 16th 2007, 12:01 pm
Replies: 1,346
Views: 148,373
Posted By Charles_Austin

Re: Don´t buy property in Spain or you will lose a lot of money

Read that:

http://www.elmundo.es/elmundo/2007/04/16/suvivienda/1176718096.html
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