Following the slump in property prices in some parts of Spain, especially the Costa Blanca South and Murcia, we had very low property prices, but a couple of years on, are there many properties below ?40000 still for sale or are they now very rare.

I have noticed over the last few months that they do not show up very often, when 6 months ago there were a good number of them. All I have left are 6 below ?40k and they all need some work to make them a pleasant place to live. Is it now we are seeing price start to rise ever so slightly or is it just that the lower end property have gone, snapped up by those looking for that cheap property.

I see that most of the lower end property is now around ?50k and even the Bank Repo’s are getting higher.