Daily Archives: March 24, 2011

“2011/Q1 has been a disaster in terms of sales”

The president of the Spanish consultancy RR de Acuña, Fernando Rodríguez Acuña, has been interviewed in cotizalia.com about the  Spanish property market. It is a good interview with frank and honest answers to understand in brief what has happened and when the property crash will end. There are surprising revelations and controversial points. His point of view about the present market si

A BIG LESSON to be learnt: why not to buy off plan in Spain

The Association of Property Developers in Madrid (asociación de promotores inmobiliarios de madrid - Asprima) recently informed us that about one fifth of 500,000 houses that need to be built up into new developments still remain as just plans; in many cases, the building work has not even begun, according to the portal idealista.com. Nearly 234 urban sectors in Madrid are affected by leaving mor