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House prices spain

House prices spain

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Old Jan 27th 2009, 9:44 am
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Default House prices spain

I know this has been talked about, but with the uk house prices in freefall , spain prices must also be coming down, on new build. they like the UK where over priced, but with spains construction industry in a bigger mess than the UKs has anyone seen a big drop in prices. I have looked at estate agents in spain and cant see any reduction in prices, a 130 grand house last summer still advertised at 130 now. I know the older houses that are family owned can wait it out, but the new build dont seem to be coming down in price. Can anyone shed some light on this.
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Old Jan 27th 2009, 1:06 pm
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Default Re: House prices spain

Originally Posted by wilki
I know this has been talked about, but with the uk house prices in freefall , spain prices must also be coming down, on new build. they like the UK where over priced, but with spains construction industry in a bigger mess than the UKs has anyone seen a big drop in prices. I have looked at estate agents in spain and cant see any reduction in prices, a 130 grand house last summer still advertised at 130 now. I know the older houses that are family owned can wait it out, but the new build dont seem to be coming down in price. Can anyone shed some light on this.
There is a current discussion on this, so maybe carry it on there?

http://britishexpats.com/forum/showthread.php?t=586929
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