hollydolly
SF VIP
- Location
- London England
Well the price of property depends where you buy..Spain is quite a large country, and prices differ greatly as to whether you're in the south or North, and also if you buy close to the coast or a Golf course, or well inland in a typical Andalusion village. For example my daughter lives in a 100 year old 2 bedroom finca on the Campo up in the mountains , with a guest casita on her property and numerous outbuidlings ..and 5 acres of Land with almond trees and cherry trees where the nearest tiny white village with a solitary store is 10km's away...she has a pool but she has had to install her own water supply and generator...it has the most wonderful views but it's not close to any amenities.. 6 years ago her proeprty cost 300,000 euros which at 2009 prices would have been almost parity with US dollars..
On the other hand 12 years ago I bought a brand new triplex with an underbuild on a private gated community ( about 98 sq metres = 1,050 sq feet) with a shared pool and no land just very pretty communal gardens and private parking ..but close to all amenities in a large traditional Spanish village . next to a Golf course and only 6 km's from the beach...my house only has 3 bedrooms and 2 baths.. and it cost 1/2 the price of my daughters' place..
However there was a huge financial crash in Spain in 2010 and over over 300,000 had their homes repossessed in the last 5 years , and so the banks have a glut of properties on their books and today it's definitely a buyers market in Spain. ..particularly inland !!
On the other hand 12 years ago I bought a brand new triplex with an underbuild on a private gated community ( about 98 sq metres = 1,050 sq feet) with a shared pool and no land just very pretty communal gardens and private parking ..but close to all amenities in a large traditional Spanish village . next to a Golf course and only 6 km's from the beach...my house only has 3 bedrooms and 2 baths.. and it cost 1/2 the price of my daughters' place..
However there was a huge financial crash in Spain in 2010 and over over 300,000 had their homes repossessed in the last 5 years , and so the banks have a glut of properties on their books and today it's definitely a buyers market in Spain. ..particularly inland !!