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The collapse of the market in the svenskparadiset, after the turmoil in the housing market

According to figures from the rating agency Tinsa, housing prices have, in the svenskområdena of the Costa del Sol and the Costa Blanca has dropped with all the 3.8 per cent in march.

In april, a 60% reduction in transactions in the Canary islands, as compared to the same period in the previous year, according to a news release from the fastighetsförmedlaren Bjurfors Abroad.

In the centre of Malaga, which is also a popular resort for English visitors, it was the figure of 48 per cent.

Janette Cohen, director of marketing for the fastighetsförmedlaren a Resident of the Costa Blanca in south eastern Spain, said she noticed the uncertainty in the market. This is something she is believed to be caused by the turbulence in the spring, and the travel restrictions.
Janette Cohen is the director of marketing for the fastighetsförmedlaren a Resident of Costa BlancaFoto: < / b> Janette Cohen. , homes for sale in the Costa Blanca.Photo by: < / b> of Residence in Costa Blanca is a Previous Next Exit fullscreen mode

" We've noticed a certain reduction in the price. Some are starting to lower prices a little bit, and it could be due to anything from people that have had it a little worse in the spring, to have an uncertain future, " she said.

According to Cohen, however, it is not likely that the Spanish housing market is being affected just as much as it did during the financial crisis of 2008.

" it was very, very, very excellent, especially around the coast. It's not a problem. Here, there are a limited number of homes.

with the spread of infection was increased in the beginning of the year, Janette Cohen far more concerned about, " she says.

" There's certainly a great deal of concern, and I think that it is still too early to say what will happen in the fall. For the moment, however, we see a very, very strong market demand.
the Experienced visitor: ”don't Buy just to buy,” the last ten years or so, Even Wadström has owned a holiday home in the Axarquia, Andalusia.

she, too, has been marked by increases in the prices of the houses started to sink in.

" In some areas, the situation has not changed, but in others, it has begun to move downward. This is the prisvändningen as we can see, " she said.

Now, thinking about The Wadström on the purchase of a new house in the area, but the concepts are characterized by uncertainty in the Spanish housing market.

– the Position to buy a house in the virus it can be both advantageous and disadvantageous; it is not known yet, " she said.

it is possible to make a cut at a time when prices are falling, but there is also a risk.

"A business transaction, now it can also be a burden if what you buy drops in value," says Susan.

Subscribe to Wadström, during a run on the banks.Photo by: < / b> Private
The Wadström strongly advise against, however, the English speculators from buying a house just because the prices have gone down. Moving to Spain is because some of the responsibilities, she says.

" I think that you are able to make the cut right now. However, I don't think you are going to do it just to do it for a good deal. You have to have the attitude that you have to work on it a little bit to get into the Spanish culture. It is not only to come to believe that it's the red carpet treatment because you are a foreigner.

The fall in rates has meant that interest in buying residential property now appears to be increasing in some areas.

Janette Cohen again.

" Now, when the borders are opened, we see a huge demand in the local area. More and more people would like to have a fixed point to return to during their holidays, in comparison with the search for new holiday destinations, year-after-year.

Resorts, the alarm on the increasing smittaViruset put a lot of pressure to turistfavoriterna READ MORE: : the e-Mail sent from His company-You will be made redundant. READ MORE: , Prices in Spain are tumbling down: So that you can bargain shop dream home in the sun. READ MORE: the Experts: how should you invest your money in the stock market in the höstExperterna: So you are going to invest your money in the stock market in the fall

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