Well Today I pretty much been told its going to be a dead year for Spain (I know we all heard but I thought I would list them)
1) Butlins have employed an extra 500 temp Staff to Help With demand as The Brits go english for there holidays…
2) ? vs the ? In some foreign exchanges apparently its ?1.17 to the pound Exchange rates!!!!!
3) Salou /Tarragona Port Aventura Sales down 45% this summer low demand in Hotels
4) 33% Ex Pats upsticks and leave for Uk
5) Houses to drop 40% in some areas Of Spain…
6) 2 or 3 more spanish banks set to crash…
I am sure we heard it all… Apparently what I have researched (Think Spain.. Google BBC So On) is that it will get a lot lot worse before the help or Crisis resolves… .. Advice is to hold on be patient people with money sit tight and dont quit…..
There is one bit of good news
Rent Prices are set to fall for people who are looking to rent else were for a rest bite of High rented accomadation…
So to all the Expats Hang tight and lets ride out the storm!
Anthony