Spanish property bargains to be found in 2009
02.01.2009
People looking to buy property in Spain may be buoyed by predictions that the market could give them "incredible value" in 2009.
According to Spanish Hot Properties, prices in the country could drop by a third, making 2009 a good time to invest.
The firm said that there had been a 47 per cent fall in sales during the first nine months of 2008, meaning buyers may be able to take advantage of the low prices associated with a drop in demand.
Company director Nick Stuart stated that the news will benefit those looking to move abroad or buy a second home in the country.
He said: "We have seen a considerable increase in really interested property buyers looking to take advantage at some point in 2009."
Mr Stuart added that the change was good news to small "ethical" estate agents who look after their clients.
<<< back to Spanish property news >>>
International Property News
Latest World News