Comments on: SALES OF TOURIST PROPERTY PLUMMETS http://pscosta.com/costa-del-sol-real-estate/sales-of-tourist-property-plummets/ Costa Del Sol Mon, 21 Dec 2009 06:24:27 +0000 hourly 1 http://wordpress.org/?v=3.1.4 By: Terry http://pscosta.com/costa-del-sol-real-estate/sales-of-tourist-property-plummets/comment-page-1/#comment-20 Terry Fri, 15 Feb 2008 16:39:20 +0000 http://pscosta.com/costa-del-sol-real-estate/sales-of-tourist-property-plummets/#comment-20 If this had been a couple of years ago I would have said you'd better be prepared to be inundated by Europeans, especially the Brits because they were on a property high and had money to burn. But now, the bust is affecting everywhere in Europe and no one is speculating anymore. They're all too afraid they might lose money on property deals and they'd be right - the time is not to sell as you'd lose too much, but in a few months it will e a buyer's paradise with falling prices and homeowners desperate to sell will accept much lower than their property is worth. Now all I need is a few hundred thou... If this had been a couple of years ago I would have said you’d better be prepared to be inundated by Europeans, especially the Brits because they were on a property high and had money to burn.

But now, the bust is affecting everywhere in Europe and no one is speculating anymore. They’re all too afraid they might lose money on property deals and they’d be right – the time is not to sell as you’d lose too much, but in a few months it will e a buyer’s paradise with falling prices and homeowners desperate to sell will accept much lower than their property is worth.

Now all I need is a few hundred thou…

]]> By: Mike http://pscosta.com/costa-del-sol-real-estate/sales-of-tourist-property-plummets/comment-page-1/#comment-19 Mike Thu, 14 Feb 2008 17:27:12 +0000 http://pscosta.com/costa-del-sol-real-estate/sales-of-tourist-property-plummets/#comment-19 Interesting to learn of other areas affected by the boom bust in real estate, especially from here in the US where we get so little exposure to international news. This part of Florida may be seeing a market bottom but still not much sign of new demand, except perhaps from Europeans with the exchange rate so favorable. U.S.A. On Sale - 40% Off! Interesting to learn of other areas affected by the boom bust in real estate, especially from here in the US where we get so little exposure to international news.
This part of Florida may be seeing a market bottom but still not much sign of new demand, except perhaps from Europeans with the exchange rate so favorable.
U.S.A. On Sale – 40% Off!

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