Currency and Property Experts say 2010 is the best time to buy in a decade !

The Currency Traders View

The Euro has not had the greatest of starts for 2010, declining in value against both the US Dollar and the British Pound. After a strong 2009, problems within the Eurozone have started to appear and the single currency has been on the back-foot throughout the whole of January.

The final week of January saw the Euro slump to a five-month low against the British Pound. The main cause of the Euro weakness is the current financial insecurity of Greece. The currency movements so farin 2010 are great for investors looking for their second holiday home in Duquesa. Fears of Sterling:Euro parity have subsided and the overseas property markets are already on the rise as more Brits search for their dream home in Duquesa.

The Property Experts View

Property markets are cyclical, and the time to buy Duquesa property is now, during the bust, when everyone else is trying to sell. We could be on the threshold of the Duquesa buying opportunity of the decade. Property markets are cyclical, and always have been. I think we are on the threshold of the buying opportunity of a decade, as we start the next cycle. Prices, in some cases, are back to where they were before 2004. The worst of the crisis appears to be over, and most European economies are growing again. Many affluent Europeans are bound to be interested in a prime property on the Spanish coast, which means those Duquesa properties are never going to be given away, and prices might not go down much further.

Duquesa Properties are selling.....for the right price

Here are Barrington Homes we have lots of clients looking to buy properties in the Duquesa area. The nature of the downturn in the world economy means that potential buyers are looking for better value properties and are prepared to wait until they find the right property for their criteria. As leading Estate agents in Duquesa its our job to list as many properties for sale as possible with the strict criteria of making that property saleable in the current climate by;

1. Good marketing.
2. Realistic pricing.
3. Ensuring the property is presented in the best possible condition.

If you have a property to sell contact Barrington Homes on info@barringtonhomes.eu or call(0034) 610 975 057.

Duquesa - Great Lifestyle, Great Place !

The number one reason for people to buy a property in Duquesa is still for the lifestyle opportunites that Duquesa offers. Here is a few reminders of why Duquesa is the best place to buy a property and live or holiday. Of course with all these attractions in Duquesa property rental potential for properties is also great !

Surrounding Attractions
There are numerous cities in Andalucia that are all within easy reach from Duquesa. Granada, Sevilla and Cadiz are among the favourites. A great winter attraction is Sierra Nevada where the skiing is superb! All these are within a 2 hour drive. Gibraltar, Ronda, Tarifa and Morocco are also great places to enjoy a day or weekend break so you are spoilt for choice for day trips !

Local attractions

There are superb attractions and places to go within a 30 minute drive of Duquesa. These include the thriving towns of Estepona, Benahavis, Marbella, and Sotogrande. There are beautiful marinas, spa's, restaurants and golf courses.

Lifestyle
Living in Duquesa creates a superb lifestyle for everyone due to having more than 300 days of sunshine a year! Duquesa has award winning blue flag beaches, all with childrens play areas, beach bars, disabled access and stuning coastal views. The local community is very family orientated and holds numerous events including childrens beach sports days, several fiestas and festivals. Hobbies can be easily pursued here in Duquesa as the are superb sports facilities at very reasonable prices (if not free!). Fishing, hiking, swimming and golf in Duquesa is also very popular. There is also opportunites to pursue hobbies in the arts and crafts and there is a great cafe culture and alfresco dining experiences.

New Listings - Fontline Golf Apartments in San Roque

Discounts are now available on the completed development of Alboaire Golf in the exclusive San Roque Golf Course. These luxury apartments provide a tranquil home on the fairways of the prestigious San Roque Old Course. The small exclusive development of only 40 apartments are built to an exemplary build standard and are created to ensure the maximum use of space and natural light and accenting the views over the golf course. The community is gated with 24hr security and has a paddle tennis court, swimming pool, store rooms and underground parking.

Prices for these 2 and 3 bedroom luxury properties start from 523,000 Euros. For more information contact Barrington Homes at info@barringtonhomes.eu or call (0034) 610 975 057.

San Roque Golf is home to the famous San Roque Old Course which has hosted several prestigious Golf Events including the Spanish Open. San Roque has also has a gym, hotel, Club House, restaurant, bar, equestrian centre and 24hr security.

2010 Duquesa Property Forecast

As the New Year is now upon us we are often asked what will happen in 2010 to property prices in Duquesa. The true answer of course is that no one exactly knows. However to draw on the facts it points that 2010 may be the perfect time to purchase a property in Duquesa. There are a multitude of factors that affect the property market and especially here in Duquesa where the market is heavily influenced by foreign investors. Here are some factors that may provide the 'perfect mix' for an investor to cash in on the recession in 2010.



Euro Exchange Rate:

There is currently a very weak Pound making the pound to euro exchange very concerning for foreigners looking to purchase a property in Duquesa. However, few people look at the other side of the coin. There are a few vendors who are looking to return to the UK and as such have greatly reduced their property price to reflect the current exchange rate. This makes for great investment opportunities at the moment and at no extra real cost to the buyers. Industry experts in currency exchange predict the the Pound will steadily regain its value toward the 3rd Quarter of 2010 meaning that not only can buyers enjoy a better exchange rate but they can gain even more value from the downturn in the Spanish market. All in all a perfect window of opportunity to buy a property in Duquesa !



Discount on New Development Properties:

Duquesa developers who have a selection of completed property including very desirable beachfront apartments are now reducing their asking price. These opportunities are still vary rarely promoted to the public but if you wish to buy a brand new property in Duquesa at a heavily discounted price then contact Barrington Homes on info@barringtonhomes.eu quoting this blog as a reference. In some cases developers are simply looking to recoup the existing mortgage on a property meaning that some apartments are very affordable and give investors a superb and unique opportunity to buy a heavily discounted property. There is also no risk in purchasing these brande new properties as the urbanisations are already established and fully completed. These property prices wont last and as soon as the developers have relinquished their stock of property these opportunites wont be available. 2010 could be the best ever time to buy a new apartment in Duquesa !!

So...if you want to capitalise on the Duquesa Property market or simply want to be kept up to date on the latest property listing and market trends dont hesitate to contact Barrington Homes on info@barringtonhomes.eu or (0034) 952 936 216