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Rob in Madrid
Posted
Well everyone, took longer than I thought but Spanish house prices are in a free fall.

BBC News Property Slump in Spain Video

This relates to the coast but I've been following prices in Madrid and Tres Cantos and prices here are down 30%. When we first moved there was nothing under 450,000 today your seeing units under 300.000 euros.


formerly timhortonsman
 
Posts: 374 | Location: Tres Cantos | Registered: 29 June 2006Reply With QuoteEdit or Delete MessageReport This Post
madsue
Posted Hide Post
Just seen this website

www.elpisodeloscincoeuros.com

what do you reckon, should we all buy a ticket and make it the mm headquarters big grin


________________________________________
Growing old is mandatory; growing up is optional
 
Posts: 1807 | Location: Montaña Blanca, Lanzarote | Registered: 02 March 2002Reply With QuoteEdit or Delete MessageReport This Post
jer
"the man!"
Picture of jer
Posted Hide Post
i saw that on the news here a while back. that guy got fined by "hacienda" (irs here) for organizing an unauthorized raffle.

so, not only can't he pay his mortgage but now but he has a big fine on top of it all cry

saludos,
jer...


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Posts: 12213 | Location: ny, u.s.a. --> madrid, spain --> the plaza mayor ! | Registered: 30 June 1998Reply With QuoteEdit or Delete MessageReport This Post
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