Brits eyeing summer Spain spree?

Brits eyeing summer Spain spree?

Wednesday, May 21, 2008

This summer is the perfect time to grab a dream home in Spain, argues one expert…

According to Ben Walker, marketing manager of PropertyInSpain.Net, Spain is on the verge of becoming a buyers market ‘for the first time in a decade’. He explained: “British buyers have been put off buying a property in Spain because of the weak Pound against the Euro during the last year, but they may find this summer is the perfect time to buy.

“There are now many new money saving ways for buyers to cash in on the weaker house market in Spain and at same time overcome the problems of the weakness of Sterling and other currencies against the Euro.

“There are also cash saving opportunities for those who have already bought a Spanish home under construction who are making staged deposit payments – they can still buy half of their required Euros now and half at a future date, when the outlook for the rate of exchange becomes clearer.

“It’s a buyer’s market in Spain, and those who negotiate the best property and currency deals will reap the strongest possible dividends in the future.”

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