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Old 15th February 2010, 09:14 PM   #5
Hero Forero
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Join Date: Apr 2006
Location: Pego, Spain
Posts: 3,370

Originally Posted by Stephen View Post
If you're not coming back to Blighty to live then isn't it a case of no te importa?
Even if you are going back and IF you can sell, you may get back your sterling. The lower price is somewhat offset by the exchange rate.

There's a view isn't there that Spanish house prices haven't hit bottom yet due to the banks holding onto property they own and not releasing it into the market. They're waiting for prices to rise but if they despair of that happening and look to cut their losses then supply and demand could mean prices falling a lot further.
Pass the crystal ball
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