We have all heard the
horror stories about British people and other nationalities leaving Spain in
droves but the reality is something completely different. The two main reasons for moving to Spain, the
temperate climate and the laid back lifestyle, are as valid now as they have
ever been. In fact the difference
between lifestyle here compared to the UK is, if anything, even more
pronounced.
The decline in
property values and sales has hurt a lot of people, English and Spanish
alike. It is true that the building
programme got way too far ahead of demand and it is difficult to see how
property prices can recover any time soon.
Some people say that there is still a significant risk of property
prices falling even more. However this
decline has created a silver lining for those who rent.
Rents have fallen in
line with house prices, by as much as half in some cases and, there is a huge amount
of vacant properties to choose from.
This is especially the case here in Almería which certainly has the most
laid back lifestyle in Spain. More good
news is that the Pound has gained twenty five per cent over the Euro in the
last few months and looks set to remain strong for the foreseeable future. So that means fifty per cent off your rent, twenty
five per cent added to your buying power and a wealth of properties to choose
from. What are you waiting for?
One word of caution
however, there is little or no work here for non Spanish. Unemployment in the province is running at
over thirty per cent and the Spanish will, quite rightly, employ their family
or a fellow countryman first. That being
said, those with a pension or independent means will find that their income
will stretch much further and deliver a much better quality of life including
three hundred and twenty sunny days per year.
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