Distressed or depressed property?

In these so called troubled times of credit crunch and recession it is inevitable in an optimistic company like Amazing Resorts to think of opportunities and bargains that are now out in the market.

However, we have to be careful. To mess about with the famous quote from Warren Buffet, you need to know how to buy a good property at a great price, not a great company at a good price! And that's what we're all about at Amazing Resorts.

There are many offers in the market now for "Distressed Properties". Our different product teams in our many destinations are reporting that there are great opportunities out there now. "Perhaps more than ever," Says Helen, in charge of product for Spain and Portugal. "But there is more rubbish than ever too" She adds.

So in times of trouble the guys who could never sell in the good days are also trotting out discounts and trying to entice people to buy their wares. Here at Amazing Resorts we have started to dub these properties "Depressed Properties".

So what is the main difference between a distressed property and a depressed property.

"I think the biggest difference is whether one is an opportunity or not", says Tim Landseer-Brooks, Regional Manager. "Everyone knows a bargain when they see one, but something shocking is always shocking!"

Certain properties that could not be sold in boom times clearly are not saleable in tougher times, like these.

So beware the big price drop and aim for a property that you like, that you could use and then get it for a great price... in fact, get it for an Amazing price.

Contact us at info@amazingpropertyinspain.com and we will steer you towards the true distressed properties.

Spain is the NEW Spain!

Ok, Spanish property may seem like it's been done to death. Many people said that it was over for the whole Costa real estate world, but Spain is quite possibly the New Spain, now.

Many industry players have commented on this, from the Financial Times to pre and post completion specialists such as Snagging Overseas(http://http//www.snaggingoverseas.com/2009/03/spain-is-new-spain.html).

The question we get asked at Amazing Resorts is if now is the time or not for investing in Spain. The real answer is something only you can know. We're not trying to be mystic or obtuse, but now is the time to get the best bargain in Spain. If you want a property that is good quality, well located, and fun to use, NOW is the time to get it.

At the end of the day, the value of a property is derived from what you can do with it. As a result we say buy in the Costa del Sol. There is no other place so well connected, with such good infrastructures and, above all, with such top quality property.

With more than 60 flights a day to Malaga airport, top notch restaurants and bars and the world famous Puerto Banus (Or Port of Abuse!) as many people call it.

You might want to enjoy a quiet Spanish meal in picturesque Mijas village or just stay properly British in Torremolinos and enjoy a pint with the football. the Costa del Sol has absolutely everything to offer you.