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.