Pain in Spain's housing market goes on
Jan 7th 2011, 6:09 pm
#91
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,615
Re: Pain in Spain's housing market goes on
[QUOTE=cricketman;9084524]Erm, I love people who think the goverment have everything under control. It makes me feel safe and warm 
I don't think I said had everything under control and I think if you were trying to sell your house in the UK you would find that prices if you are to sell have dropped more than a little bit.
I don't think I said had everything under control and I think if you were trying to sell your house in the UK you would find that prices if you are to sell have dropped more than a little bit.
Jan 7th 2011, 7:29 pm
#92
Banned
Joined: Dec 2006
Location: Living in a good place
Posts: 8,824
Re: Pain in Spain's housing market goes on
Said on the news last week that prices finished up slightly up on the year in the UK. Suppose like Spain there are alway winners and losers. Zoopla lists our UK house as having risen by £87000 this year. I really believe they are very credible
Jan 7th 2011, 9:18 pm
#93
On the road again.
Joined: Aug 2008
Location: On Top of the World
Posts: 17,507
Re: Pain in Spain's housing market goes on
Were do you live,..Buckingham Palace ?
Jan 7th 2011, 9:41 pm
#94
Banned
Joined: Dec 2006
Location: Living in a good place
Posts: 8,824
Re: Pain in Spain's housing market goes on
Sorry that is the figure from when we bought it. Just checked £43,763 this year. Good...if it's true
Jan 8th 2011, 12:15 am
#95
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,615
Re: Pain in Spain's housing market goes on
Beware Zoopla also shows how much you paid for the house. Obviously depends where you live as to price rise loss. Although I live in what is classed as quite a desirable area of Northumberland 4 years ago house would have sold within weeks,have had it up for sale 9 months and droped the price £40,000 from 3 valuations with next to no intrest probably looking at another large drop in near future. at this time property not the investment it was here or Spain and having one in both places well!! not much you can do 
Jan 8th 2011, 9:36 am
#96
Banned
Joined: Dec 2006
Location: Living in a good place
Posts: 8,824
Re: Pain in Spain's housing market goes on
Yes that's true it is a bit like other stats
It is a small area so anything soon pushes up averages (on paper). Saw one this summer, a partly converted barn, small 2 beds. They put it on sale for £585,000 and everyone said they wouldn't get it...it went for 695,000 so suppose it makes all the areas property look good.
Houses around usually sell within about 3 weeks even now but have seen one on sale for about a year. It doesn't seem overpriced but it is 2 doors from village shop and opposite a cul-de-sac with a few industrial units so I suppose it is the location factor. Same as Spain, the one-offs sell quicker it is the 2/2 blocks that linger as there are so many to choose from. Someone told me about a hotspot in málaga but I can't remember the area, all detached villas but close to everything and very popular with Lawyers, bankers etc.
It is a small area so anything soon pushes up averages (on paper). Saw one this summer, a partly converted barn, small 2 beds. They put it on sale for £585,000 and everyone said they wouldn't get it...it went for 695,000 so suppose it makes all the areas property look good.Houses around usually sell within about 3 weeks even now but have seen one on sale for about a year. It doesn't seem overpriced but it is 2 doors from village shop and opposite a cul-de-sac with a few industrial units so I suppose it is the location factor. Same as Spain, the one-offs sell quicker it is the 2/2 blocks that linger as there are so many to choose from. Someone told me about a hotspot in málaga but I can't remember the area, all detached villas but close to everything and very popular with Lawyers, bankers etc.
Jan 8th 2011, 3:27 pm
#97
Not Banned (yet)
Thread Starter
Joined: Aug 2008
Location: Madrid
Posts: 6,400
Re: Pain in Spain's housing market goes on
2011 could be the worse year of all regarding property prices
http://www.ft.com/cms/s/2/09923922-1...#axzz1ASgqSBO3
More than half of the Britons who own holiday homes in the eurozone are expected to sell up in 2011, after being hit by falling rental income and currency volatility.
Research by Currencies. co.uk, a foreign exchange broker, has found that more than a third of homeowners who let out a property in the eurozone last year saw lower occupancy rates and rental incomes than they had expected – prompting 56 per cent to consider selling in the next 12 months.
http://www.ft.com/cms/s/2/09923922-1...#axzz1ASgqSBO3
More than half of the Britons who own holiday homes in the eurozone are expected to sell up in 2011, after being hit by falling rental income and currency volatility.
Research by Currencies. co.uk, a foreign exchange broker, has found that more than a third of homeowners who let out a property in the eurozone last year saw lower occupancy rates and rental incomes than they had expected – prompting 56 per cent to consider selling in the next 12 months.
Jan 8th 2011, 4:05 pm
#98
Just Joined
Joined: Jan 2011
Location: BRADFORD
Posts: 4
Re: Pain in Spain's housing market goes on
Hi could you clarify the 2/2 block reference. Is it 2 bed apartments?. Thanks.
