PGM Property World Spain Blog

Aside from the terrific climate, the relaxing environment and the cheap flights, favourable exchange rates have traditionally made holidays to Southern Spain’s Costa del Sol an extremely attractive proposition for holidaymakers and Costa del Sol property hunters.  Recent times, however, have seen the euro exchange rate drop, a fact which has inevitably impacted on the tourist industry throughout most of Europe as the costs of food, drinks and other holiday essentials have risen.  Determined not to be set back by the world’s money markets, however, Spanish businesses are responding by cutting their prices, making the area once again a truly competitive choice.

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There is no denying that the Spanish property market, like many others around the world, has been hit hard by the current recession, but if the figures just released are anything to go by, it looks as though things may be turning the corner.

Last Friday saw the Spanish government report the first increase in house sales in three years.  In the final quarter of 2009, property sales rose by 4.1% against the same period of last year, making it the first year-on-year rise since 2006.   With a total of 130,572 properties finding their way off the market between October and December, this represented a 21.4% increase on the period between July to September.

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No matter where in the world we are thinking of buying a property, it is always a big decision and often a big investment.  Even when buying in our own country where we understand the laws and the language we take sensible precautions to ensure that things progress as they should, and buying abroad requires just as much care, if not more.

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After years of dragging yourself into work five days a week, the prospect of retiring to the Costa del Sol is undeniably an exciting one.  Especially if you are considering moving to Spain immediately after retirement, however, there are a couple of particularly important things to bear in mind when choosing your location.

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We have now added two new guides which are schooling in spain and our guide to the cost of living in Spain.

If you are buying a property on the Costa del Sol or any other region of Spain and have children, schooling is probably something you need to consider seriously. It’s a big step moving to a new country but evening bigger when you have to take the childrens schooling into cosideration.

Its also important that you are aware of the costs of living in Spain and how the move to Spain will affect you financially.

Two further guides to our local town guides have been added today including a guide to Fuengirola and a guide to Alhaurin el Grande. If you are looking to purchase property in these areas, these guides will hopefully give you further information on the towns and why you should invest in property there.

One of the most important aspects to buying property in Spain is to be familiar with all the most important stages of the purchase process and how it affects you.

We have created a detailed guide to the buying process in Spain and what each stage of the process entails.

If you are buying a property on the Costa del Sol or any other part of Spain, please take a moment to read this information.

Thanks for visiting. As you can tell, our blog is still rather new with little content but over the coming weeks we will be adding lots of information on all things real estate property Spain.

We will be adding lots of useful information within our posts such as buying tips, guides, advice and latest industry news, so stay tuned and do pop back on a regular basis or add us to your RSS reader.

If you are looking for property on the costa del sol or other parts of Spain or Europe, please visit our main site and contact us.