viernes, 10 de agosto de 2007

Spain beach properties

Investing in Spanish real estate hs always been a big favorite of retiring british looking for better weather and more enjoyable lifestyle. Spanish beach properties can be the ideal retirement situation if sun and nice moderate weather is what you are after.

Unfortunately spanish property has been in a state of boom and prices have soared. Just this past month there have been signs of relief as asking prices finally started to deflate up to 5%.

Now is definitely not the time to buy property in Spain as the market is expected to continue to drop, if not plunge, sending the spanish economy in a tailspin and property prices with them.