Monday, May 31, 2010

Summer Shopping for Property

In spite of the adverse news about the "weaker" economies of the so called PIGS (Portugal, Ireland, Greece and Spain) Compass Amazing Resorts have seen a sharp upturn in visits AND buyers of property in three of their 6 destination resorts, Spain and Portugal being two of them.
 
There could be many reasons for this, of course, however we believe that the main factors behind this are the price drops in Spain and Portugal. Many people know that, although there is an oversupply problem in Spain, the best deals go faster. Once someone sees something that they truly like, unless it is one of many, they should make a fair offer and go through with it.
 
Tim Landseer Brooks of Compass Amazing Resorts makes the following comments. "Those who are buying now are generally lifestyle customers. They want their place in the sun and know that now is a good time to buy. For lifestyle customers there is little to be gained waiting out the summers in search of a slightly better deal. They might as well get stuck in and start to enjoy the overseas lifestyle that has been their dream for so long."
 
Another reason why there has been a pick up in people searching and buying is purely because the summer is the overseas property "season". This is when people get time off and feel more inclined to visit the resorts and view property. Plus the relative weakness of the "target" economies is helping the pound move in our favour - just last week alone the shift in the pound has meant a decrease of nearly 3% in the price of Spanish or Portuguese property.
 
So if you have dreamed of buying that apartment in Marbella or a nice villa in Turkey or perhaps it's a townhouse in Bodrum, Didum or some other part of the sun drenched Turkish coastline for you, get in contact with Compass Amazing Resorts via email on info@amazingpropertyinspain.com give us a call or just drop in to a local branch of Reeds Rains or Your Move, our affinity partners in the UK.

For people interesting in buying apartments and houses in Barcelona, our recommended site is here: http://www.propertyinbarcelona.co.uk
 
Whatever happens, you'll enjoy the journey with Amazing Resorts.

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