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Property market crash?

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lots of gossip but no real evidence. has anyone got any real evidence of a property market crash in spain?

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Go to Kyero.com and download their Spanish Property Index this will give you all the info you should need.
Speaking personally as an estate agent, I can honestly say that the sales Almeria are slower this year than in previous years Source(s): http://www.kyero.com
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The only answer I have is that I have 3 colleagues in Real Estate agents in Andalucia (Huelva, Marbella and Ayamonte) and they say the market is dead and property prices are dropping, normally busy agents are getting no walk ins and few internet enquiries. They all say it is poor building quality and over supply
Personally I believe property market has crashed all over the world due to abusive prices. Of course a touristic country like Spain is being terribly afffected specially in the south coast. Also one has to keep in mind that other much cheaper destinations (Morocco, Turkey, East European countries, etc) are also in the tourism competition. Nevertheless one has to consider plenty of issues when buying a property abroad such as: political stability, security, medical attention, infraestructure such as roads, services, etc etc.
The good locations such as Marbella no matter what is being said/written will not get cheaper. Now the property market has slowed down in Spain but it will recover within couple of years.
Have a look in the window of any Spanish Estate Agent, you will see massive price reductions, special offers, once only deals, if this isn't panic selling I don't know what is.

Spain is dead for ex-pats, who are now going to south america where the 拢 and Euro is worth three times it is in Spain.
The company that went bust was a small time builder, the main builders are still going strong although there is a slowdown in property sales and building. The share prices have dropped a little but there is no property crash it is just gossip of the media due to the collapse of the small time builder.
The only rthing i can say is those who are buying property to rent out have to realise that it is a very copetative market due to the ammount of property lets, there is no guarentee that property will be let.
Husband working within the property here in spain, and knowing of the builder and seeing property sales figures and build figures etc,