Tuesday 13 November 2012

Latest musings from Ultimate Homes

This is certainly an interesting time for potential buyers of Spanish property, who can find bargains wherever they care to look. For the British, the exchange rate is also favourable as Sterling has risen to relatively new highs against the Euro, thus providing them with far greater purchasing power than even one year ago.

Interest there is and we have seen a huge increase in the number of daily enquiries but that is now converting into sales, with recent figures from the National Statistics Institute yesterday confirming that for the second consecutive month, home sales rose, this time by 0.9% compared with the month of September 2011. The year-on-year rise in housing purchases recorded in September is the second consecutive increase, after August registered an increase of 3% year-on-year after a negative run of 17 months of declining home sales.

Needless to say during that period of declining sales, house prices have fallen dramatically. And in fact they have fallen so dramatically that you can find as an individual legally built property in prime locations and at a bargain price which you are unlikely to lose much money, if any, should the market in general continue to decline (which it probably will).

It may not go up by much for many years but it should hold its value. Meanwhile, you can enjoy using / living in a property in Spain that will provide you with access to a quality of life that will enchant you – and that may just prove to be one of the highlights of your existence.

Here are some of the more popular properties we have listed at the moment based on visits to our webpage.

Oliva Nova, two bedroom apartments from 50.325 Euros

Fortuna, Murcia - Three bedroom villa from 73.605 Euros

Condado de Alhama, Murcia - Two and three bedroom apartments from 40.425 Euros

Polop, three bedroom detached villa - 116.250 Euros

For more information on these properties or any other property on our website, do not hesitate to contact us and ask us why now is the time to buy in Spain


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