The market
Certainly, it's true that the Real Estate Market in Spain has changed along with the overall situation in the European markets, but most of the generalizations about Spain in the media could not be applied to the local market in the Costa Brava (Catalunya). This northern part of Spain attracts Second Homers who buy property to enjoy life, not just for investment motives. This area offers exactly what people desire for a perfect Second Residence destination! It would be our pleasure to explain you more about this incomparable market!

The right time to buy
Since the end of 2007 the actual drop in prices has start. Today more then a year later many financial specialists believe that the lowest point has now arrived. We believe they are right. We are living here on the Costa Brava permanently and have seen from close by the effects on prices of real estate over here the last 18 months. Many agencies have closed down or decreased their staff by the cause of the reduced number in sales, and so did we. But currently we notice a serious change in the market. We are starting to receive more requests again since the beginning of January 2009. Maybe this is because potential buyers realize that now is the right time to buy!

MADRID, Dec 29 th (Reuters)
Spanish existing housing prices fell 7.22 % in 2008" The year 2008 has been ominous for the Spanish economy and there is no doubt that the real estate sector has been the most punished," said Operations Director Juanra Doral."But against the backdrop of the global crisis, the year-end situation offers a window of hope, with the Euribor declining and the possibility that banks might begin to facilitate mortgages," he said.

BARCELONA, Jan 6th, PRLog (Press Release)
With Falling house prices in Spain, When is the right time to buy Spanish property? You can now have your own slice of property in Spain for as low as €169,000. Experts in finding the best properties in Spain believe that 2009 will be the year to take advantage of such falls.