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Plan B: Timeshare/ Holiday Villa tycoon

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    Plan B: Timeshare/ Holiday Villa tycoon

    If you have spare cash you could be on a winner with an expected property price crash in spain.


    Fill yer boots.
    I am not qualified to give the above advice!

    The original point and click interface by
    Smith and Wesson.

    Step back, have a think and adjust my own own attitude from time to time

    #2
    Interesting.

    I happened to visit Spain last week and whilst in Marbella was struck by the fact that outside a very well established espat estate agents - for the first time in years there were people distrubuting sales brochures - never having seen that before I mused that things must be slowing down - so now I know.

    The other factor which will exarcebate the property price plummet is that due to climate change the summers in Spain are becoming unberarably hot - shame to think of all those expats cooking in their villas wondering how they are going to pay their next bill .

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      #3
      Have temperatures really increased that much down there already?

      Costa Del Blackpool here we come.

      Are they still whinging about casinos? Hold your horses you rock eating northerners, something called sunshine is going to save your arses.
      "If it floats, flies, or f***s, lease it." - Evel Knievel when he wasn't jumping buses or women

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        #4
        My in-laws are Spanish. Six years ago they retired to Malaga however over the last four years each successive Summer has got hotter and as a result they have moved back to Astrurias to escape unbearable Summers.

        The Costa del Sol has been over-exploited by development of both homes and golf courses, removing vast quantities of what was previously arable and forested land. Naturally this has altered the local climate in an area facing North Africa which is quite fragile to changes in land use.

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          #5
          Marbella is a bit different to most of Spain, generally 2x the price of other areas on the Costa’s and living costs to match, a lot of currency was laundered and swapped for property in that area so it has always been artificially high and as ever the top end of the market will be hit first.

          As for the temperature Cyprus is often 10C higher in the summer than on the Costa’s and they’re in the middle of a property boom so I’d be surprised if that was the reason.
          Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

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            #6
            The last two summers in Cyprus have been unbearably hot - luckily we now have aircon.

            This winter was the first time anyone can remember having frost in our village - 20 mins outside of Limassol. All our water pipes sit on the roof - may have to think about lagging them soon !

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              #7
              Its all down to supply and demand as per usual.

              Spain has built more homes over the last 3 years than Franch, Germany & Italy combined. Corruption is rife in the Spanish building sector, planning laws ignored, building habitacions in national parks no problem etc etc have meant large parts have been spoilt and over-built. Also crime in general is now getting alot worse consequently demand is dropping as the foreigners opt for other sunny climes.

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                #8
                For me southern Spain conjures up images of hotel blocks, waste land, bits of dying forests, huge rubbish tips, badly ugly built houses, Brits wandering around with painful sunburn and nodules over their faces due too much sun, and mediterranean sea full of sewage and horrible looking jelly fish.
                I'm alright Jack

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                  #9
                  Originally posted by foritisme
                  The last two summers in Cyprus have been unbearably hot - luckily we now have aircon.

                  This winter was the first time anyone can remember having frost in our village - 20 mins outside of Limassol. All our water pipes sit on the roof - may have to think about lagging them soon !
                  I was looking at property in the Pissouri area when I was out there last September and thought I could just about put up with the 35c heat but when talking to locals they were saying it had been 50c for almost the entire previous month. ...so how's the Cyprus skiing season been?
                  Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

                  Comment


                    #10
                    Someone told me arid Almeria is more biologically diverse than a tropical rain forest.

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