Yes, here is something positive and I'm not making it up. At the gym yesterday morning (yes, I do make it there now and then) I was chatting to a friend of mine who is an estate agent who covers the Manilva/ Sabinillas / Duquesa area where we are.
I asked "how's business" expecting him to start crying...but it was quite the contrary. "We've sold more properties this year than in the same period in previous years". They have been in business for over 4 years. I was shocked.
Spanish buyers? No. Investors? No. British? Yes. But there is a catch...
All the properties he's sold this year have been under the 180,000 Euros mark and have been discounted by 30 - 40%!
OK, so those are big discounts but it clearly shows that there is still a demand...as long as the price is right. He is one happy estate agent who is certainly bucking the trend! Maybe we'll get him on the Siesta Show for a chat soon.
Following on from that, the first article today was written by yours truly and it's supposed to be a message to the Spanish PM, Mr Zapatero. I look at some of the initiatives he should put in place to stimulate the property market here. I don't suppose my estate agent friend will bother reading it though ;)
Anyway, hope you enjoy today's articles.
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Stimulating The Spanish Property Market – Please Take Note Mr. Zapatero
Yes, yes, the whole world is crumbling and the Spanish property market is at it's lowest in years. But what initiatives should be implemented by the Spanish government to get things moving again? I hope Mr Zapatero will read it...I wonder if he's subscribed to our newsletter :)
Read my suggestions...
Moneycorp - Beating The Credit Crunch
Sponsored link: Don't let the credit crunch get the better of your hard-earned money. If you're sending money to Spain then use Moneycorp to ensure you get the best exchange rate for your transfer. Regular mortgage and pension plan transfers available too.
Find our more about what we do...
Eating Habits in Spain - What you need to know
David Byron takes a look behind the scenes and tells us about the eating habits of the Spanish. What do they eat, when and where? Learn about the "merienda" the "bocadillo" and the origins of "tapas".
Read David's article
Security Is The Key For Your Home In Spain
As the economic downturn deepens, and crime is on the rise, home should be the one place where you feel safe. It should be a secure place where your family and belongings are safe and the outside world is - Outside! Security is the key.
Read about securing your Spanish home...
Tourist Numbers Down Again In Lanzarote
The pain in Spain being caused by falling tourist numbers is hitting the small holiday island of Lanzarote hard. As new figures just released by the Spanish airport operators AENA reveal that foreign arrivals to the island dropped by over 19% in February.
Read the article...
Life On The Farm Part 5 - Clive And June's Story
Clive and June Wolfe live in a beautiful old cortijo in the stunning countryside of Villanueva del Trabuco with their three teenage children, 15 horses, two goats, three dogs, four cats, one ferret and 10 chickens! They run a thriving holiday business letting out their converted barn for self catering holidays.
Read part 5...
The Siesta Show
Remember to check out our latest videos from The Siesta Show. We've got ones on driving in Spain, learning Spanish, playing golf and lots more. It's just for a bit of fun!
Watch the shows...
That's all for today. See you next week.