28 August 2008

Why Team Good Bye are heading to Spain...

The increasing cost of living, economy at a standstill, plummeting house prices, coupled with growing fears over job losses, rising crime, pensions and retirement, are the reasons more people from Britain than ever are planning to move abroad.

19 gold medals and an airport handshake to Team GB from PM McBrown may tug a bit for a few days, but for many GB residents the only way for up is out...

The increasing tax burden in the UK has also been a factor to the steady increase in the number of Britons emigrating. Spain remains the number one destination and still accounts for the largest percentage of Britons' overseas property ownership. It seems that the current economic and political climate in the UK is only adding to the legion of people seeking a new life abroad and leaving Team GB to impending recession.

With Spanish property prices
at their lowest for a decade, the attraction of moving to Spain has never been more tempting. So Team Good Bye can enjoy the sunshine, still lower costs of living, better lifestyle and lots of sporting activities for all ages.

An estimated 75 percent of wouldbe buyers use the internet for their basic “what do we get, where, and for how much” research and leading websites report strong interest from clients who have got money to buy property in spain.


Spain, like most European property markets is in slowdown and it is not a good time to sell, but ideal timing to buy with excellent bargains for people with the readies.

In a dash-for-cash, some property developers, hit by the credit crunch in Spain, are selling brand new apartments up to 30 percent less than they were a year ago and actually making a loss on some developments. It is now possible to buy a brand new top quality 2-bed apartment on the Spanish Costas below EUR 150,000.over-50s


A growing number of Spanish bank repossessions – www.propertyinspain.net have them from £25,000 - in Real Spain and the main Costas are adding new incentives for Britons to make a new life in Spain. The same website is offering 2-bed villas in one of the new breed of active retirement resorts at around EUR 163,000.

So for Team Goodbye, Spain is looking good for a short-term, long-term or full-time break from GB's woeful outlook...

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