Since the financial crisis recently worsened by the lack of confidence in banks, the consumers seemed to have lost their enthousiasm to travel. The UK was leading this year, with a major drop in British tourists in Spain, and since the crisis went across the channel, the countries in Northern Europe they have kept their money in their pockets too.
It makes sense to worry about the financial future, especially if you don’t know what to expect, so the last thing they’re thinking about is a holiday in Spain.
The fact that the governments have decided to guarantee the cashflow for banks in Europe has been a very good decision, and this will give people their confidence back.
I think this will have a positive inpact on the Rental market in Spain, and we will see this change within 2-3 months. This will be even better, if the currency rates will improve for the British.
Property prices in Spain have fallen to an all time low, so if you’re looking for Property in murcia - Spain, now’s the time to buy!
