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.
Thursday, February 18, 2010
Tuesday, January 26, 2010
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;
- Good marketing.
- Realistic pricing.
- 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.
Tuesday, January 19, 2010
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 !
Local attractions
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 attractionsThere 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.
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.
Monday, January 11, 2010
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.
Friday, January 8, 2010
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:
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
Thursday, September 3, 2009
When is the right time to buy a property in Duquesa?
As one of the leading Estate Agents in Duquesa, Barrington Homes are frequently asked by our clients ‘When is the best time to invest in property in Duquesa?’ The answer of course is that no one really knows. What we do have indepth knowledge of are market trends, mortgage rates, property affordability, market forecasts and perhaps most importantly indepth local knowledge of the Duquesa area. With this knowledge we can advise clients on which developments in Duquesa are great buys, what property locations in Duquesa are great for rental income and the most important element in our opinion is matching our clients requirements to find them their perfect property. By considering this very important lifestyle choice our clients will always be happy with their property purchase whether they have bought for investment purposes, a holiday home or as a permanent residence.
Navigating the Duquesa Property Market
Are you thinking of ‘snapping up’ one of the many property bargains that can be found in Duquesa at the moment ? Are you unsure if now is the right time ? or what property you can get for your budget ? Here is the latest market news to help you;
Getting a Mortgage for Duquesa Property
It is currently well publicized that obtaining a mortgage in Spain in difficult. Gone are the days of easy finance. Banks are currently only willing to lend between 70 – 80% of the property purchase price and they also require numerous financial and employment documentation (including an Experian Credit report) in order for applicants to be successful. However, banks are seemingly recovering from the credit crunch and the number of new mortgages approved in July 2009 rose by 7.2% on the previous month. Their willingness to start lending again means that they are regaining confidence in the property market and applicants in a strong financial position are now more likely to secure the finance they require.
Euribor – Calculating the cost of your mortgage for buying a property in Duquesa
All mortgages offered by Spanish banks are based on the Euribor rate. This interest rate is applicable to all Spanish mortgages and the good news is that Euribor is hitting record lows every month this year ! Euribor is now a staggering 75% lower than it was this time last year leading to significantly more affordable mortgages being offered. Euribor is currently 1.334% and mortgage experts do not expect the rate to fall below 1%.
When to invest in Property in Duquesa ?
Property prices in Duquesa are on average at 7 year lows. Following the property boom in 2005-6 prices have fallen to the same levels of 2002. It is of course unclear when the property prices will rise again but industry experts predict prices will be well on the way to recovery by 2012. Barrington Homes have witnessed a steady increase in the return of property buyers in the Duquesa area all hoping to take advantage of the current pricing levels. Many clients have always wanted a property in the area but were previously unable to afford it. So, on the basis of a low Euribor, low property prices and the banks returning confidence in the property market now is one of the best times to invest in the area. As with any property purchase made for investment purposes Barrington Homes advise our clients to make a 7 to 10 year commitment to see the capital growth they would require. If you are interested in property in Duquesa contact Barrington Homes with your buying criteria and we can certainly find you a great value property that you will undoubtedly be very happy with. Taking the long term view property prices will significantly increase and in the mean time all you have to do is enjoy the property and the wonderful Duquesa area with its blue flag beaches, stunning Marina, international restaurants and championship golf courses……sounds great ?? It is !!
Navigating the Duquesa Property Market
Are you thinking of ‘snapping up’ one of the many property bargains that can be found in Duquesa at the moment ? Are you unsure if now is the right time ? or what property you can get for your budget ? Here is the latest market news to help you;
Getting a Mortgage for Duquesa Property
It is currently well publicized that obtaining a mortgage in Spain in difficult. Gone are the days of easy finance. Banks are currently only willing to lend between 70 – 80% of the property purchase price and they also require numerous financial and employment documentation (including an Experian Credit report) in order for applicants to be successful. However, banks are seemingly recovering from the credit crunch and the number of new mortgages approved in July 2009 rose by 7.2% on the previous month. Their willingness to start lending again means that they are regaining confidence in the property market and applicants in a strong financial position are now more likely to secure the finance they require.
Euribor – Calculating the cost of your mortgage for buying a property in Duquesa
All mortgages offered by Spanish banks are based on the Euribor rate. This interest rate is applicable to all Spanish mortgages and the good news is that Euribor is hitting record lows every month this year ! Euribor is now a staggering 75% lower than it was this time last year leading to significantly more affordable mortgages being offered. Euribor is currently 1.334% and mortgage experts do not expect the rate to fall below 1%.
When to invest in Property in Duquesa ?
Property prices in Duquesa are on average at 7 year lows. Following the property boom in 2005-6 prices have fallen to the same levels of 2002. It is of course unclear when the property prices will rise again but industry experts predict prices will be well on the way to recovery by 2012. Barrington Homes have witnessed a steady increase in the return of property buyers in the Duquesa area all hoping to take advantage of the current pricing levels. Many clients have always wanted a property in the area but were previously unable to afford it. So, on the basis of a low Euribor, low property prices and the banks returning confidence in the property market now is one of the best times to invest in the area. As with any property purchase made for investment purposes Barrington Homes advise our clients to make a 7 to 10 year commitment to see the capital growth they would require. If you are interested in property in Duquesa contact Barrington Homes with your buying criteria and we can certainly find you a great value property that you will undoubtedly be very happy with. Taking the long term view property prices will significantly increase and in the mean time all you have to do is enjoy the property and the wonderful Duquesa area with its blue flag beaches, stunning Marina, international restaurants and championship golf courses……sounds great ?? It is !!
Tuesday, August 4, 2009
Latest Duquesa Property Listings - Dont Miss Out !
With the Euribor Mortgage Rate falling and the Pound to Euro exchange rate creeping back up now could be the right time to make your move and snap up a holiday home here in Duquesa. Barrington Homes have several new property listings from bargain 2 bedroom apartments to Luxury Villas in Duquesa's exclusive hillside in Punta Paloma and Punta Chullera.
2 Bed apartment - Los Hidalgos 122,000 Euros
This 2 bedroom apartment is just a 2 minute walk to the beach and 5 minute walk to Puerto Duquesa marina. Los Hidalgos Golf is centred around a large pool and tropical gardens. This apartment represents superb value as it is within easy reach of the beach, bars and restaurants and enjoys sea and pool views.
2 Bedroom Apartment - Casares del Sol 125,000 Euros
Discounted Property in Casares del Sol. High Quality Property with stunning communal pool and gardens, underground parking and a store room. Enjoys a superb location near Casares Beach and Finca Cortesin Golf.
3 Bedroom Penthouse - Estrella de la Bahia. 210,000 Euros.
Spacious Penthouse with Stunning Sea views in Casares Costa. This 3 bedroom 3 bathroom Penthouse has 3 spacious terraces including a roof terrace. The property also benefits from private parking, communl gardens and a communal pool.
Swedish Made Wooden Villa. Punta Chullera 635,000 Euros.
Want something different ?? Look now further than this luxury Swedish Made wooden villa in Punta Chullera. The property is divided into 2 luxury indepentdant apartments each with the highest specification. The Sea views are breathtaking and the infinite pool means you can really live the dream !
If you want more information about any of these properties or you want Barrington Homes to find your ideal home in Duquesa contact us today at info@barringtonhomes.eu or call (0034) 610 975 057 or (0034) 952 936 216 weekdays 10am - 6pm.
2 Bed apartment - Los Hidalgos 122,000 Euros
This 2 bedroom apartment is just a 2 minute walk to the beach and 5 minute walk to Puerto Duquesa marina. Los Hidalgos Golf is centred around a large pool and tropical gardens. This apartment represents superb value as it is within easy reach of the beach, bars and restaurants and enjoys sea and pool views.
2 Bedroom Apartment - Casares del Sol 125,000 Euros
Discounted Property in Casares del Sol. High Quality Property with stunning communal pool and gardens, underground parking and a store room. Enjoys a superb location near Casares Beach and Finca Cortesin Golf.
3 Bedroom Penthouse - Estrella de la Bahia. 210,000 Euros.
Spacious Penthouse with Stunning Sea views in Casares Costa. This 3 bedroom 3 bathroom Penthouse has 3 spacious terraces including a roof terrace. The property also benefits from private parking, communl gardens and a communal pool.
Swedish Made Wooden Villa. Punta Chullera 635,000 Euros.
Want something different ?? Look now further than this luxury Swedish Made wooden villa in Punta Chullera. The property is divided into 2 luxury indepentdant apartments each with the highest specification. The Sea views are breathtaking and the infinite pool means you can really live the dream !
If you want more information about any of these properties or you want Barrington Homes to find your ideal home in Duquesa contact us today at info@barringtonhomes.eu or call (0034) 610 975 057 or (0034) 952 936 216 weekdays 10am - 6pm.
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