October 2011 Issue - Costa Calida Chronicle


October 2011 Issue - Costa Calida Chronicle

In association with Costa Cálida International Radio and www.angloINFO.com

Page 22

Where did the summer go?

We have friends here, from my home

town of Southampton, for 2 months

renting on Mazarrón Country Club so this

is going to be a good couple of months

for Dave & I – hangovers, nooooo, good

fun, yeeees!

So back to work, what have we seen over

the summer period? Well, the summer

months haven’t be kind to the industry,

reports of the market going up, down and

stagnating. I don’t think anyone really

can predict what is going to happen in the

last quarter. One thing for sure is that,

in August we had the largest number of

enquiries since February 2011 – could

things be on the move again? I know it’s

odd talking about August which seems a

while ago now, but I am writing this at

the end of August for the October issue.

I have been doing quite a lot of work with

some agents in the Costa Blanca area and

I am amazed at the house prices in that

region. I have been offered large, 6 bed,

2 bath villas for around 125,000€ and

apartments within 5 minutes’ walk of the

beach for around 55,000-60,000€; many

bargains to be found and I think some

people who come to Spain to buy, are

buying purely on price and not location.

As you can see, the prices are way lower

than in the Costa Cálida so this could

be another reason the house sales have

slowed slightly this year? Who knows,

it’s all speculation!

If you are happy to buy on price, then

so be it, but I always suggest you fi nd

the area you like fi rst and then fi nd the

property. You can have the best property

in the world, but if you don’t like the

area, you won’t be happy.

The Government has announced its latest

initiative to kick start the housing market.

The tax on new build properties (only)

will be reduced from 8% to 4% until the

end of 2011. The Tories have noted that,

if they are elected in November, they will

continue this through 2012, so let’s see

what happens.

Finally, according to the TV reports, the

number of people emigrating from the

UK is at a 6 year low. It’s interesting

that we are seeing more French enquiries

than ever before. We are fortunate to

have great French & Spanish speaking

ladies in our company and we have found

this a great bonus over the last year. We

call it Girl Power!

For more information on buying or selling

property contact

Jennie or Sue at

Best of Spanish

Email info@bestofspanish.com or

telephone (0034) 635 434 651 or 646

692 471

Puerto Lumbreras Christian Fellowship

now meets every 1st and 3rd Sunday

each month at 11.00am in the premises

of the Spanish Evangelical Church Puerto


Tel 619453283 Paul and Sandra

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www.costacalidachronicle.com email: costacalidachronicle@gmail.com

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