User talk:Europropertyspain

Well, there are numerous rumors regarding the Spanish market. We are a company based in Spain also with offices in Bulgaria and associated offices in numerous countries throughout the globe. We will concentrate on what is happening on our own doorstep and what our opinions are as to what the market is doing, where it is going and what we expect for this coming year. It is widely reported that the Spanish property market has suffered enormously throughout this whole recession, we started seeing a noticeable decline a number of years ago, this was strongly accentuated when the value of the Sterling plummeted, this has of course affected us considerably as one of our strongest markets has been buyers from the UK. Prices continued to drop and Brits relying on a pension have certainly felt "the pinch" as their monthly income dropped considerably. OK, so this so far does not make that good reading, in many ways it re-enforces what has already been reported, not too original is it? Well, news reports are mainly on what has happened and not not necessarily on what the reality is this very second. While there is a lot of undeniable truth in what you may read, the reality behind buying your dream Spanish Property is that it is more affordable today than what it has been for many many years. Most articles written and news reported concentrates on the things that have gone wrong for a minority of people, as sad and unfortunate as it is, the horror stories do come from a minority, unfortunately, it is very much of a numbers-game, there are reports and statistics of over 1 million British ex-pats in Spain, if 10% of these British ex-pats have had a horror story to report it is a lot of people, however, what about the other 90% who bought property and have achieved a quality of life they could not have had back in the UK. Spain, whether you love it or hate it, will remain a number one choice for British Ex-patriots wishing to start a new life in the sun, after all, Spain is geographically situated in an enviable location (that will never change), it is under three hours from the UK, there is an enormous choice of budget airlines, it has an enviable infrastructure and of course, it has guaranteed weather. The laws in Spain regarding Real Estate have tightened up considerably over the past years, we at Euro Property Spain strongly welcome these changes, when the going was good, many people set themselves up and called themselves "Estate Agents", most of them had no idea of procedures, the legal system or as to how to give true and correct advice for unsuspecting buyers searching for their dream property. The good news is that most of these people have now left or the law has caught up with them and are no longer trading. Those of us who remain are committed to offering service, good advice and share our experience in Real Estate as well as what life is like as an ex-pat in Spain. What does 2010 have in store for us? We have seen an interesting trend starting on the third quarter of 2009 in which the number of inquiries started rising again and an increased number of small investors started paying a lot more attention to the deals available. 2010 Started off with a good follow-up to this with these inquiries converting into purchases. While it will take time for the market to recover, the signs we are seeing are very positive and we are very much looking to the future which looks like this trend will continue.