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Overseas Property News
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Buy property in Spain, says developer
Country: Spain
23 June 2009 People should take advantage of the weaker market conditions and consider buying Property in Spain now, according to Taylor Woodrow de España. “For many months confidence in the property market has been low and, quite frankly, who can blame house hunters for holding back when it comes to making one of the biggest investments of their lifetime,” Victor Sague, marketing director of Taylor Woodrow de España, told the press. “However, now we are seeing a number of people returning to the market, anxious not to miss out on some of the excellent deals that are currently available.”
Sague argues that now is a once in a generation opportunity, and that it is only a matter of time until the market recovers. “With the market looking up, inflationary pressures may start to build on house prices, as confidence returns. Indeed, house hunters who hesitate might miss the chance of a lifetime to buy at the bottom of the market”, he added. “I believe history will show that people who buy in the present climate did so at just the right time. Not taking advantage of the most affordable moment of the decade in the property market could turn out to be an expensive missed opportunity!” Taylor Woodrow de España’s have reduced a selection of homes across its developments in Mallorca, Costa del Sol and Costa Blanca by up to 35%, in attempt to boost sales. Prices now start from just under £150,000, given today’s euro-sterling exchange rate.
See Also: Marc Da-Silva, Spain
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