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Thursday, 24 April 2008

Is there light at the end of tunnel regarding doom and gloom in the Spanish property market?

Fuerteventura leads the way with prices increasing in the Canary Islands, opportunities to buy luxurious property at excellant prices with Guaranteed mortgages so no credit crunch worrys, Fuerteventura is only 3.5 hours flying time from most of mainland Europe and has miles of Golden sand beaches , Canary Islands home to the Canary Palms.
Spanish Property Collapse a distant past as Fuerteventura sees Prices Increasing

Is their Light at the end of the tunnel of doom surrounding the Spanish property market ?

The Canary Islands in Particular Fuerteventura would like to contest the stories that surround the bad news that circulates around the press regarding the Spanish Property market, Vista Mar a Luxury development of 79 three bedroom apartments that are situated directly in front of the sea, have sold 61% of the total available units in just 6 months and are announcing price increases ranging from 6,000 euros per unit to 10,000 euros for the single level apartments and 20,000 Euros increase in the Duplex Penthouse Apartment’s.

Why you ask, when all the reports are of Credit crunch and property falling in price across Spain would prices be on the increase ? John Goldacre of GoldAcre Estates, Vista Mar’s main selling agent commented, when you have a luxury product that is properly priced you will always find a market where people who understand great value for money are prepared to commit to buying regardless of market conditions, and traditionally the Canary Islands and in particular Fuerteventura has offered opportunities for excellent priced property which holds and grows in value, because with an island as opposed to mainland Spain you do not have hundreds of miles with similar properties.

The Canary Islands offers all year round sunshine and is approximately only 3.5 hours flying time from most of mainland Europe and Fuerteventura offers the best beaches in the whole of the Canary Islands with some 162 km of Golden Sands stretched the length of the island, massive inward investment has been made on the internal infrastructure of the Island with a huge expansion to Fuertevantura’s airport situated in Puerto del Rosario, which shows the confidence and long term prospects that Fuerteventura has to offer its property buyers .

Vista Mar price increases take effect on the 12th May but even with the price increase you will still be able to purchase a three bedroom 100m2 luxury apartment with a 42 m2 terrace with Garage and storeroom included for only 202,995 euros, you have a Marina that is two minutes walk from your apartment and a blue flag beach only 10 minutes walk, for further information on these luxurious properties simply visit www.goldacre-estates.com/eng/pages/new/vista-mar.html


Fuerteventura offers today’s property buyer some exceptional opportunities for further information on Vista Mar and other great properties visit www.goldacre-estates.com or e-mail info@goldacre-estates.com

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