Go Back  British Expats > Living & Moving Abroad > Europe > Spain
Reload this Page >

Will we look back in time, and say “we bought at the bottom in 2014”………

Will we look back in time, and say “we bought at the bottom in 2014”………

Old Jul 3rd 2015, 1:58 pm
  #1  
BE Enthusiast
Thread Starter
 
Joined: Mar 2015
Posts: 322
wilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond repute
Default Will we look back in time, and say “we bought at the bottom in 2014”………

! Spanish News Today - Further Evidence Of Price Stabilization In The Spanish Property Market
wilsman77 is offline  
Old Jul 3rd 2015, 3:42 pm
  #2  
BE Forum Addict
 
Joined: Jul 2006
Location: london/gandia
Posts: 1,155
jonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

The same paper says the

".....but in the Valencia region the rate of decrease is rather more significant at 5.8%."

So yes a bit more time and you may yet see a financial return, you may yet laugh all the way to the bank. Do not hold your breath!
jonboy is offline  
Old Jul 3rd 2015, 9:50 pm
  #3  
Forum Regular
 
Joined: Feb 2011
Posts: 264
Leper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

From my observations, nosiness, info I can trust from real estate agents there is no doubt that well located properties have risen by 2% to 3% on last years's prices. Property that is not well located has not risen in prices, but appears to have bottomed out.

If you are buying, perhaps now is the time? But, use your head! Keep away from property that will not make you a profit.
Leper is offline  
Old Jul 3rd 2015, 9:56 pm
  #4  
Forum Regular
 
Joined: Apr 2012
Posts: 144
jogger is on a distinguished road
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

We're moving over early next year, March. So looks like we have timed something right for once.
jogger is offline  
Old Jul 3rd 2015, 10:02 pm
  #5  
BE Enthusiast
Thread Starter
 
Joined: Mar 2015
Posts: 322
wilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Originally Posted by Leper View Post
From my observations, nosiness, info I can trust from real estate agents there is no doubt that well located properties have risen by 2% to 3% on last years's prices. Property that is not well located has not risen in prices, but appears to have bottomed out.

If you are buying, perhaps now is the time? But, use your head! Keep away from property that will not make you a profit.
"Keep away from property that will not make you a profit" what does that even mean?
wilsman77 is offline  
Old Jul 4th 2015, 5:34 am
  #6  
Forum Regular
 
Joined: Feb 2011
Posts: 264
Leper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond reputeLeper has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Originally Posted by wilsman77 View Post
"Keep away from property that will not make you a profit" what does that even mean?
. . . another sentence that keeps Paddy ahead of the posse! And we're the wild Irish?
Leper is offline  
Old Jul 4th 2015, 8:15 am
  #7  
Forum Regular
 
Joined: Mar 2015
Location: Tavistock, Devon
Posts: 53
101wvd is an unknown quantity at this point
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

We are currently in Spain and it is quite evident that most properties will accept an offer which is well below the asking price. Looked at 8 yesterday, liked one but not enough to buy. Another day today to hopefully will see something we like.

Went to get some milk and water in Lidl's on the back to the villa and did a small comparison with some of the items we purchase in UK and to be honest did not see much different in the price other than a few pence here and there. Will be going to price our grocery list before the end of the week at one of the large supermarkets - not sure which one. We like Tesco's in UK so not sure which name over here would be similar or all they all similar?
101wvd is offline  
Old Jul 4th 2015, 9:14 am
  #8  
BE Enthusiast
Thread Starter
 
Joined: Mar 2015
Posts: 322
wilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond reputewilsman77 has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Where about are you looking?
wilsman77 is offline  
Old Jul 4th 2015, 9:57 am
  #9  
Lost in BE Cyberspace
 
Joined: Feb 2013
Posts: 5,334
Moses2013 has a reputation beyond reputeMoses2013 has a reputation beyond reputeMoses2013 has a reputation beyond reputeMoses2013 has a reputation beyond reputeMoses2013 has a reputation beyond reputeMoses2013 has a reputation beyond reputeMoses2013 has a reputation beyond reputeMoses2013 has a reputation beyond reputeMoses2013 has a reputation beyond reputeMoses2013 has a reputation beyond reputeMoses2013 has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Bottom is a big word. A lot can change in the coming years and it could get even worse. We will see prices rise in some areas, but it can all happen again. We have to consider a lot of things, like climate change, job losses etc. Who knows.
Moses2013 is offline  
Old Jul 4th 2015, 11:37 am
  #10  
BE Enthusiast
 
Joined: May 2006
Posts: 373
casa del sol has a reputation beyond reputecasa del sol has a reputation beyond reputecasa del sol has a reputation beyond reputecasa del sol has a reputation beyond reputecasa del sol has a reputation beyond reputecasa del sol has a reputation beyond reputecasa del sol has a reputation beyond reputecasa del sol has a reputation beyond reputecasa del sol has a reputation beyond reputecasa del sol has a reputation beyond reputecasa del sol has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Originally Posted by Moses2013 View Post
Bottom is a big word. A lot can change in the coming years and it could get even worse. We will see prices rise in some areas, but it can all happen again. We have to consider a lot of things, like climate change, job losses etc. Who knows.

.....exchange rates, future of the eurozone, the uncertainty of the EU, Greek problems, including the UK referendum and all that could entail....lots of unknown unknowns......If you love Spain and are not buying to make a profit, are in it for the long-term, why not risk it, still lots to gain in the quality of life but also factor in other possible losses......two sides to everything.
casa del sol is offline  
Old Jul 4th 2015, 1:35 pm
  #11  
BE Enthusiast
 
Joined: Apr 2014
Posts: 635
Horlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Originally Posted by 101wvd View Post
We are currently in Spain and it is quite evident that most properties will accept an offer which is well below the asking price. Looked at 8 yesterday, liked one but not enough to buy. Another day today to hopefully will see something we like.

Went to get some milk and water in Lidl's on the back to the villa and did a small comparison with some of the items we purchase in UK and to be honest did not see much different in the price other than a few pence here and there. Will be going to price our grocery list before the end of the week at one of the large supermarkets - not sure which one. We like Tesco's in UK so not sure which name over here would be similar or all they all similar?
You'll find some chains stock more brands and items familiar to UK people than others, so which you find best is probably dependent on whether you want access to "international" products. If you do, Consum and Supercor are the ones to go for. If you are happy with brands you don't know, Mercadona is good. Shopping at Mercadona I find things quite a bit cheaper than the UK.

Masymas are everywhere where I live but the meat counter is gruesome (although as far as I know they've never been caught selling horses as bulls or cows, although if you like Tesco that won't bother you )

I try to support the small traders too. They can be surprisingly good value.
Horlics is offline  
Old Jul 4th 2015, 1:39 pm
  #12  
BE Enthusiast
 
Joined: Apr 2014
Posts: 635
Horlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Costa Blanca News today says 16 new estate agents have opened in Javea in the past year. I'd have thought the hundreds already there could more than cope with the demand but apparently not.
Horlics is offline  
Old Jul 4th 2015, 1:43 pm
  #13  
BE Enthusiast
 
Joined: Apr 2014
Posts: 635
Horlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond reputeHorlics has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Originally Posted by casa del sol View Post
.....exchange rates, future of the eurozone, the uncertainty of the EU, Greek problems, including the UK referendum and all that could entail....lots of unknown unknowns......If you love Spain and are not buying to make a profit, are in it for the long-term, why not risk it, still lots to gain in the quality of life but also factor in other possible losses......two sides to everything.
I agree. Not in it for profit and have the cash... go for it. In it for profit... there are far better prospects around.
Horlics is offline  
Old Jul 4th 2015, 6:17 pm
  #14  
BE Forum Addict
 
Joined: Jul 2006
Location: london/gandia
Posts: 1,155
jonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond reputejonboy has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Will we look back in time, and say “we Thought we bought at the bottom in 2014”..........
jonboy is offline  
Old Jul 4th 2015, 10:51 pm
  #15  
Started off with nothing
 
missile's Avatar
 
Joined: Feb 2009
Posts: 4,886
missile has a reputation beyond reputemissile has a reputation beyond reputemissile has a reputation beyond reputemissile has a reputation beyond reputemissile has a reputation beyond reputemissile has a reputation beyond reputemissile has a reputation beyond reputemissile has a reputation beyond reputemissile has a reputation beyond reputemissile has a reputation beyond reputemissile has a reputation beyond repute
Default Re: Will we look back in time, and say “we bought at the bottom in 2014”………

Or maybe your kids will say at your wake, "what a shame pops didn't buy that house in Spain".
missile is offline  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.