uv10 can now exclusively offer you one of our long sold-out penthouses, with huge private roof terraces and rooftop jacuzzis in Pipa Beleza, the bestselling "Zen" Spa Resort in Pipa
At just £92,000 per unit and midway through construction (completion October 2009) these very limited and sought-after penthouses, situated in the best part of lively, upmarket Pipa village are not to be missed.
Onsite facilities include: full rental management, Spa, Balinese baths, yoga, pilates, massage treatments, fusion restaurant, shop, champagne gazebo, rooftop juice bar, water-garden and 24 hour security, as well as an oversized swimming pool with swim-up bar.
27th May 2008 04:30
The Spanish property market is experiencing a plummeting demand due to the strength of the euro, one expert has said.
Savills Private Finance revealed that demand is down on last year due to a number of factors.
Remi Gashi, mortgage consultant for the financial specialists, said the firm had seen the number of applicants for Spanish mortgages decline in 2008 compared to last year.
"It's a combination of factors property is in a bad place everywhere as well as the euro being so strong at the moment," he added.
"Sterling to euro is 1.25 now so there is a ten to 15 per cent extra cost to a client wanting to buy property out there," he concluded.
A new Verdict Research report declared that the country's housing market has "gone into reverse" following years of rapid inflation.
The Royal Bank of Scotland revealed in its 2007 report into Spanish housing that the average house in Spain costs seven times the average earnings.
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