Property prices

[silver]

If the price is right..according to a local paper today the price of a home in Malaga has risen by 12% this year with an expected 9% rise next year and is the 6th most expensive in Spain proceeded by Madrid, Viscaya, Guipuzcoa, Barcelona and Alava...stating that a m2 in Malaga costs 2.217€ Cadiz 1658, Huelva 1516€ Sevilla and Huelva 1516€ Almeria 1425€. All priced medio
These prices used as a guide could help some choose where.

[Susan2]

A price drop is predicted around here - all the local freebies talk about property prices slowing down. On the coast I can believe it, but probably 'inland' there is better growth potential. You sound very knowledgeable Silver - are you in the business or just well-read?

[Guest]

Hi,
It seems similar to the Uk, people holding out to get their phigh price and the market is slow, but if you dropped the price you would sell reasonably quickly.

On the CB things are very different, the prices have dropped like a stone, particularly around Torrevieja and the CB south, probably due to adverse publicity, and spiralling crime the area. If you compare the 2 the CDS is still very expensive

El AL