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Old 30-04-2008, 09:39 PM
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wolf wolf is offline
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Default Investment in Spain?

Quote:
Originally Posted by jerard View Post
Hello everyone,

My name is jerard, have been in real estate for over 18yrs.
I have been living on the costa del sol for the last 6yrs, and happy to share my thoughts and views, with life/work/investment on the cds.
Hello jerard

Thank you for your introduction and offer to supply information.

I would like to know what your opinion is on further investment in property in Spain.

Demand for Spanish property is on a downward trend and there is a glut of houses. Which means there seems to be little point of going over to Spain with the hope of fixing up a piece of property and selling it with some profit, considering the amount of houses and appartments on the market.

Or is it the case there is still investment to be made by concentrating on appartments or houses nearer to prime central locations of big cities like Valencia, Alicante etc despite the glut of houses/appartments and the downward trend in demand?

Or am I just "howling" in the wind?

Appreciate any views you would have on this. Thank you.

wolf.
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