Call us today: +44 (0) 20 3551 6634
Falling house prices in Spain are drawing wealthy buyers looking to pick up bargains.
According to the Spanish Property Owners Guild some sales are delayed because they are in the hands of receivers, although depressed values are helping maintain interest.
The organisation’s spokesperson Paul Bradley had some advice, which could be helpful to Brits considering a move abroad to an expatriate lifestyle in Spain.
Mr Bradley warned of the dangers of buying property before it is built. He says he is hearing more stories of "those that have bought off-plan but have no electricity or water".
However, second-hand prices have now bottomed out "and the wealthy seek to take advantage", he added.
Expats looking to buy abroad could get more for their money, according to the latest Knight Frank Global House Price Index. It found property prices in Spain fell by three per cent in the first quarter of 2009, compared with the previous three months.
Expatriate Group.Delmon House,36-38 Church Road,Burgess Hill,West Sussex,RH15 9AE
Registered Address.35 Ballards Lane,London,N3 1XW
Tel: +44 (0)20 3551 6634Fax: +44 (0)870 428 5141Email: firstname.lastname@example.org
Short Term Healthcare Insurance
Travel Medical Insurance One Way Travel Insurance Single Trip Travel Insurance Annual Multi-Trip Travel Insurance Non UK Resident Travel Insurance Business Travel Insurance
About Us Useful Links Leave a Review Our Awards The Press Room Satisfaction Survey Downloads Legal Notice Underwriters Hospital List
Emergency Assistance information Short-Term Healthcare Working Abroad Insurance Thailand Health Insurance Family & Friend Benefits
Register as an Intermediary Opportunities for Brokers
Expatriate Group & Expatriate Healthcare are trading styles of Strategic Insurance Services Limited who is authorised and regulated by the Financial Conduct Authority (FCA). FCA Firm reference Number is 307133. Strategic Insurance Services Limited is authorised to carry on Regulated Activities in accordance with the permissions granted by the FCA under PART IV of the Financial Services and Markets ACT 2000.