Does anybody here own property in Spain ?

[sasguru]

My prediction is that the Spanish will demolish as many British owned houses as it will be necessary to reduce supply of them in order to keep prices up.

WHo cares about Spain. Jumped up Latins the bunch of 'em.

[beaker]

Don't be a mug. That 9.5% annualised rise consists of 9 months of rising prices followed by 3 months of declining prices. What do you think the trend is and what do you think the annualised figure will be next time this year?
My prediction is -10%.

I dunno I was no good at home economics at school

[AtW]

WHo cares about Spain.

Now that the Spanish Armada has perished I guess noone. But before Britain had to rely on scum of the earth to get even with the Spanish. That scum has since got promoted to bankers.

[Dow Jones]

Steer clear

Property prices are and have been falling for a while over there, worst is yet to come. A lot to do with the complete lack of proper legislation as to what is legal and what not. I have personally heard a lot of nightmare scenarios and will never set foot in that country let alone invest there.

[Not So Wise]

Having lived in Spain for over 10 years (and affiliated with it my entire life) I would honestly NEVER buy property there again.

Spanish property laws are stupid and illogical beyond belief and their property market (In holiday areas like the coasts) is permanently stuck in Boom and Bust cycle. And with the increased competition from other Med countries and cheaper flights these days the "bust" times getting longer each cycle and the booms shorter.

[gingerjedi]

If you're daft enough to be sucked in by the golfer on the telly that advertises overpriced bedsits with a shared pool then yes they don't look like good value at the moment but Shirley a large sensibly priced house in the country were the Spanish live is still good value?