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Old 25th October 2003 | 12:49
  #15 (permalink)  
livinginspain
 
Joined: Jun 2003
Posts: 68
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From: europe
boom and bust

Hey Jinkster,

I wondered on what basis your 'boom and bust' opinion is based ? are you talking about locally here in Malaga ? or Andalucia or Spain in general ?
Opinions, particularly about the Costa del Sol property market, are obviously of interest to me being a resident here !

In Aldalucia we have an expanding market for property.
AGP had 11,000,000 visitors last year and local government projections suggest this will increase to 17,000,000 within the next five years.

Demand is high for property, mainly due to the lovely climate, relatively low cost of living, and good quality of life.
House prices are increasing, and there are many ecnomic and social arguements about this both for and against, but the fact remains that demand is high at present, like it or not !

As regards 'boom and bust' , well who knows what will happen in the future ?



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