Jump to content

Poor Spain


unapalomablanca
 Share

Recommended Posts

  • Replies 61
  • Created
  • Last Reply

Top Posters In This Topic

It's got several cracking race circuits...Catragena, Almeria, Valencia, Aragon, Ricardo Tomas etc etc as well as Catalunya. :good:

 

great, more reasons to go to Spain,,,,,, plus the fact that the Machine shop building my new machine doesnot seem to be so at the speed I'd like........ TOO MANY RACETRACKS maybe

 

Martin.

Link to comment
Share on other sites

Taking this off topic a bit, My mate Gordon has a place in Spain, he has had it for over 20 years and he paid £4,000 for it and its a big place. His family are over there and they have a business over there.

In recent times he has given what turned out to be good advice to people wanting to buy property out there. The advice basically was don't do it. Put the money in the bank and rent instead. He said there is no way a British person dealing with the "British speaking estate agents" can ever get to see property at a fair price. Some prices were just ridiculously inflated. His other reason was not to get tied down because most British don't stay more than a few years, thats if they don't drink themselves to death first.

 

Good advice as it turned out. There are now abandoned properties on the Costas where people have just walked away, can't sell them. But even the tourists are drying up, people used to go there because it was cheap, you could eat out etc very reasonably buy a few bits and pieces in the supermarket. The real truth is that the Spanish package holiday industry from the 70s onward was built on cheap booze and chips. Now its too expensive. We were in Barcelona a few months back, prices made you flinch. Compared to that New York is an absolute bargain

Edited by Vince Green
Link to comment
Share on other sites

Taking this off topic a bit, My mate Gordon has a place in Spain, he has had it for over 20 years and he paid £4,000 for it and its a big place. His family are over there and they have a business over there.

In recent times he has given what turned out to be good advice to people wanting to buy property out there. The advice basically was don't do it. Put the money in the bank and rent instead. He said there is no way a British person dealing with the "British speaking estate agents" can ever get to see property at a fair price. Some prices were just ridiculously inflated. His other reason was not to get tied down because most British don't stay more than a few years, thats if they don't drink themselves to death first.

 

Good advice as it turned out. There are now abandoned properties on the Costas where people have just walked away, can't sell them. But even the tourists are drying up, people used to go there because it was cheap, you could eat out etc very reasonably buy a few bits and pieces in the supermarket. The real truth is that the Spanish package holiday industry from the 70s onward was built on cheap booze and chips. Now its too expensive. We were in Barcelona a few months back, prices made you flinch. Compared to that New York is an absolute bargain

 

Vince, you can see the same in Cyprus and France. People go over and buy with little or no idea of what they are letting themselves in for. As you say, three years later and they want out with little or no hope of selling. The whole Eurozone has become too expensive whereas a few years ago the cost of iving in France, Spain and Cyprus was a fraction of the UK.

 

I also have seen plenty of evidence regards your comment about ex-pats drinking themsleves to death. I think many of that pursuaion are attracted by cheap booze and being in similar company.

Link to comment
Share on other sites

Vince, you can see the same in Cyprus and France. People go over and buy with little or no idea of what they are letting themselves in for. As you say, three years later and they want out with little or no hope of selling. The whole Eurozone has become too expensive whereas a few years ago the cost of iving in France, Spain and Cyprus was a fraction of the UK.

 

I also have seen plenty of evidence regards your comment about ex-pats drinking themsleves to death. I think many of that pursuaion are attracted by cheap booze and being in similar company.

Yes its very much the same in Florida, why buy? its an eight/nine hour flight away. And rentals are so cheap. Apart from the flight times the US is so much better value. Just take this as an example. August, we had a meal in "The Stage" a famous restaurant on 7th Avenue in New York just off Broadway. Inside its covered in pictures of famous people, John Wayne, Marilyn Munro, Bogart etc all of whom have eaten there apparantly. We had a nice meal and it came to about £20 a head*. You would pay more than that for oily fish and chips in some tatty Greek Taverna these days.

 

* thats for what we had, we could have ordered a lot of stuff that would have cost a lot more than that.

Edited by Vince Green
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.

×
×
  • Create New...