The best time to buy a property in Spain!
Incorrect arguments MEDIA due to insufficient awareness of the reality of events give the wrong conclusions about the Spanish property market. Therefore, it is incorrect and negative assessment of investments in real estate in Spain and there is a loss of income from investors and not preserving personal savings through the purchase of real estate from buyers.
As a result, there are concerns in wanting to buy residential property in Spain at the lowest prices, and this is totally wrong! You want to buy, it is currently due to big changes in the market and to attract government investment from foreigners!
For your awareness will describe here the basic factors that many experts are paying attention, and you'll learn how things happen in reality. This will allow you to properly assess the situation and make the right decision: to buy real estate, it is now and not thinking!
For 6 months the second half of the year 2012 is very much has changed, so we want to comment on all the negative data of the real estate market in Spain, which led the media-that we want to show that these facts are baseless.
The Arguments Of The Media:
For many years in a row, the average price of residential property in Spain was about four an annual income of the average family. However, because of the bubble in the real estate market, this amount has grown seven times. Spanish property still at 30%, overestimated State media. To lower the prices of 30% of the market as a whole, some areas will have to cut them in half.
Our opinion:
The extraordinary drop in the prices of real estate in Spain occurred during the last six months! Continue to lower prices is simply nowhere to ... This is the very bottom of the market, which all have been waiting for and we say: now is the best time to buy!
The Arguments Of The Media:
Total family income declined in Spain caused by declining wages and rising unemployment, and because of that real estate can still fall in the price.
Our opinion:
Wages in Spain have not decreased! The minimum wage in Spain, even the Secretary is 1000 euros!
First, the unemployment statistics clearly overstated, for two reasons: to get the benefits of more than 800 euros per month creates interest for many people to work officially, and then work a year to get together informally and wages and benefits. As a result, all served on unemployment benefits, but the statistics show sky-high and incorrect figures. Secondly, Spain had to show data that would give them an opportunity to get a loan from the European Union, and the high unemployment rate is one of the most important factors for getting it. Therefore, the facts that provide you with the media-not true.
The Arguments Of The Media:
Low yield from renting apartments and houses to rent. Edition refers to the investigation of Deutsche Bank, which rents on average now at 40% lower than it should be.
Our opinion:
This fact cannot affect the market price of the property! And who can, in principle, to establish what should be the price for rental property?
The Arguments Of The Media:
The number of empty homes is growing.
Our opinion:
Can say with confidence that the empty houses on the coast we don't see!
The Arguments Of The Media:
Disinterest of buyers to Spain, is due to uncertain economic prospects of the country.
Our opinion:
Due to the uncertain economic outlook for the country, people run from Russia and Ukraine, and in Spain at this time all consistently and calmly.
The Arguments Of The Media:
High property taxes do not allow to develop domestic demand.
Our opinion:
We can safely say that taxes on real estate and cars in Spain is lower than in Russia!
The Arguments Of The Media:
In Spain every year becomes ever less young couples, creating families, fewer immigrants and fewer divorced. All this hinders the market.
Our opinion:
Perret approval very strange and illogical-Families are created and pairs may not become smaller in the nature of human existence, as well as separation and divorce occur at all times!
And with the decrease of immigrants will help manage the Government's decision to issue the RESIDENCE PERMIT for foreigners in buying a home in Spain over 160000 euro. This will attract a huge number of buyers wishing to obtain a residence permit in the Schengen area!
The Arguments Of The Media:
Inaccessibility of the mortgage.
Our opinion:
Mortgages in Spain has been and remains available to both residents and foreigners. We make 90% of sales with the mortgage, and only the remaining 10% are purchased without credit.
Conclusions and own experience:
To date, consumer demand in Spain very grown up!
We can clearly observe the increasing flow of buyers. And, for the moment, the Spanish housing is the most real estate prices near the sea!
On our website http://www.luxinvest.eu/ you can see the lowest prices on items and urgent proposals from banks and real estate developers and you will understand how reduced property prices in Spain for 2012 year!
Company President real estate Alliance "LUXINVEST"
Elena Kofeynikova