Did somebody sneeze!!

March 11, 2016

Did somebody sneeze!! Whoops better hold off from buying a property in Spain. I might have caught a cold!!

Yes seems stupid but this is how fragile property-buying in Spain can be when we have scare mongers all around.

Now we have the “Will we , won’t we” on the EU question!

In the 1980’s when there was an economic crisis in this country statements like” Nobody will buy property in the UK or Spain again” were being bandied about. Didn’t happen though and we have a housing shortage now!!

Buying in Spain will go on whether we are in or out of the EU. People will not stop going on holiday to Spain and people will still buy in Spain.

Norwegians, Swiss, Chinese, Russians etc are not in the EU but have been investing in property in Spain and haven’t held back because they are not part of the Union. Spain hasn’t put obstacles in the way, in fact quite the opposite –  for example “Golden Visas” have been offered as an incentive to the Chinese.

We will still have access to properties already bought and any which are bought in the future. The EU won’t be shutting its borders if we are not part of the Community. If we stay in  likewise.

Many areas particularly on the Costas have a large UK community who bring in a huge income for local businesses and the Spanish Municipalities. Whether permanently resident or not there are areas where house ownership is predominantly British. Spaniards won’t want to see people selling up and taking their custom away.

Like many European countries, the Spanish economy is still fragile, so they are not looking to drive the British away which would just wreck many local Spanish businesses, not to mention the negative effect on the taxes the Spanish Government receives from owners.

Even if the UK does leave the EU it won’t be abandoning Europe!!

Keith Pintointernational

You May Also Enjoy

Estate Agent Talk

Hertfordshire emerges as strongest performing London commuter county

New research from UK Property Development reveals that while London property prices fell by more than -3% in the past year, prices in some of the capital’s surrounding counties have enjoyed positive growth, none more so than the premium commuter county of Hertfordshire.   In the past year, London’s average house price has fallen by…
Read More →
Estate Agent Talk

Second homes losing appeal among the rich

New Survey Reveals Ongoing Maintenance Is the Biggest Barrier to Second Home Ownership   62% say upkeep and hassle would stop them from buying a second home, even if money were no object   A new survey conducted by luxury co-ownership platform Equity Residences has revealed that the practical realities of owning a second home…
Read More →
Letting Agent Talk

How to build a property portfolio with buy-to-let mortgages

One of the reasons property is such a popular asset choice for investors is that you don’t need to invest all the money yourself; you can leverage funds from the bank. Here’s a very simplistic example of how borrowing via a buy-to-let (BTL) mortgage allows you to multiply your returns versus owning a property all-cash:…
Read More →
Home and Living

2026’s Fastest-Growing Bathroom Trend Is the Wet Room

“Wet rooms have become one of the standout bathroom upgrades of 2026, moving from luxury extra to everyday renovation choice as more homeowners prioritise space, style and easy cleaning. The momentum is only building as spa‑style bathrooms stay in demand.” “Wet rooms used to be a niche request,” says Ant Langston, Marketing Manager at Heat…
Read More →
Home and Living

Homebuyers could cut energy bills by £400 a year

As the energy price cap keeps rising, the latest research from Yopa reveals that buying a new-build home could save homebuyers as much as £450 a year on their energy bills. With the energy price cap forecast to increase again over the coming year, many households are preparing for further pressure on their finances as…
Read More →
Breaking News

Zoopla House Price Index Reaction

The latest index from Zoopla shows that: – First-time buyers are targeting homes worth £10,000 more than a year ago, with average prices up 4.3% to £254,750 – nearly 3x the rate of UK house price growth There are 6% fewer first time buyers in the market than this time last year, but those that…
Read More →