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