22% increase in Spanish property sales

Forgive me for giving out some good news now and again, however, with all the doom and terrible gloom seemingly purveying itself in every corner of Europe and USA at the minute, it’s nice to report, as is being published on various sites and forums at present that…

Spain had a 22% increase in property sales quarter on quarter, and things look a whole lot better than they did last year. Which, in these tough times, is what people tend to forget and/or miss.

Government stats also show more foreign purchasers are buying, with figures up by a reported 23%.

I am incredibly cautious about good news myself, or trumpeting a rallying call to the market. There was too much wrong with the ‘old days’ and I don’t want a ‘bubble’ to pop up only to burst, so I’m not one for jumping on a bandwagon or creating one by accidental comment.

But the truth is that we in VIVA just keep plugging away. There are always people who want to buy, there is always something good to buy, and we work with vendors who are keen to sell, be they private, developers or banks. There is of course always a market and if you have sound practices and some common sense, then things can and will work.

What I want to say is, don’t be surprised that the market is returning. It may have a slip or two on the way, especially with more talk of a double dip recession throughout Europe, but, it is unstoppable in its own way.

In fact, for sure, we will have a bubble here or there also at some point. Today’s buyers, however, might well turn out to be the smartest of all… especially if they’re out on their terraces enjoying their investment already.