Is there a "sell" point

[John H]

I predict a small exodus over the next 2 years.

I think you are quite right on this Victor.
For a lot of people who moved out to Spain with dreams of a happy and healthy life, that haven't quite materialised, this  exchange rate gives them a chance to return to the UK and the opportunity to get back on the housing ladder here.

Your theoretical question, no, I know it's worth more, based on three valuations for a "quick sale" 18 months ago

Regards all

John


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[Philndeb]

There's a lot of British living in euro land who bought when the rate was 1.50 euros to the pound, the closer to parity the rate becomes will enable them to get there money out on a technical loss on property value but break even or maybe a small profit on the currency exchange. I predict a small exodus over the next 2 years.

That's assuming there are the people mad enough to buy at this very low exchange rate, so I think people will have to slash the asking price to make a sale.

[John H]

Not all buyers pay in Sterling.

If I look on our community over the last few years hardly any sales have been made to people from the UK.........the Spanish, Norwegians, Dutch and Germans probably make up 90% of buyers

Regards all

John

[llamedos]

Not all buyers pay in Sterling.

If I look on our community over the last few years hardly any sales have been made to people from the UK.........the Spanish, Norwegians, Dutch and Germans probably make up 90% of buyers

Regards all

John

I look forward to some Norwegian and German bars opening up soon.

[John H]

As long as they don't charge Norwegian prices I wouldn't mind that!!
Pity the Norwegian restaurant, can't remember it's name, next to Max Coop shut

Regards all

John


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[Spurs]

If it's the one I think it was John it was Marandi very good fish

[John H]

That's the one, a sad sad loss, it was our favourite


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