The property market in Southern Spain has changed dramatically in the last two years. These changes have coincided with the global economic downturn and have resulted in significant price reductions. The positives for anybody considering purchasing a property on the Costa del Sol NOW are obvious with prices having reduced in some circumstances to 50% below the peak market price.
Real estate experts and government bodies concur that we are at a stage where the market has more or less bottomed out with property prices in some cases back to their 2004 levels. Excellent value can be had across every sector of the market. There has never been a better time to purchase.
These opportunities can only be seized by individuals who have cleared funds available to complete any prospective transaction within 21-28 days.
