Spanish Property Trader Blog January Archive

The Quentar Whte House

Your name?

axel risse

Your Location (city, etc)

Quentar

Please give us a short summary of your website?

2 nice village houses 13 km from Granada for vacation rental

Read more: The Quentar Whte House Interview [click]

Costa del Sol Rentals - CDSRentals.com

Your name?

Michelle Carroll

Your Location (city, etc)

Malaga

Please give us a short summary of your website?

CDS Rentals is an intimate, no nonsense Rentals and Management Company based on the Costa Del Sol. “Our Aim is to enable our Clients, be they Property Owners or Visiting guests, chasing the sun or relaxing on a golf course, to utilize their holiday time and leave the day to day hassles to us”.

Read more: Costa del Sol Rentals - CDSRentals.com Interview [click]

First Choice Spain

Your name?

Marco Hulsmann

Your Location (city, etc)

Marbella, Malaga, Spain.

Please give us a short summary of your website?

The new web site of First Choice Spain has recently been released. It now gives far more facilities to the visitor in order to search our entire live Database of long term rentals, holiday lets and properties for sale on the Costa del Sol.

Read more: First Choice Spain Interview [click]

The effects of the Spanish property market's collapse is already trickling down to one of Spain's most important sectors--the banking sector. There are far more bad loans last November than the preceding months, according to the report of the Bank of Spain. It rose by 10.4 percent in November to 56.121 billion euros.

To remedy the situation, the Spanish government has alloted a fund of up to 50 billion euros to purchase high quality assets from these banks and provide liquidity.

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Real estate agents who once sold properties in a heartbeat are now struggling to sell them--even at prices slashed down by up to 40%.

Is there hope, though? Some analysts think there still is. The real estate market will recover, according to them, so it's best to wait and just wait.

Link: How bad is the Spanish property market? - Times Online