Albir Property blog
Coronavirus price bargains on holiday homes in Spain now
The housing market in Spain has come to a near standstill now under the Corona virus quarantine. Throughout Europe, borders are closed and people stay home, we do no longer fly. We expect a sharp decline in both demand and price in the property market here in Costa Blanca Spain. But this is not the first time we have experienced this kind of situation, during the financial crisis from 2008 to 2012 we also experienced a significant decrease in both the number of properties sold and the price. This time, we expect a sharp reduction in the number of properties sold and also a significant drop in prices, but this crisis are not expected be particularly long lasting as...
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