As you probably have read, we like to keep you up-to-date with things in the Spanish Property market. 2007 was not a good year for a lot of agents and many have fallen by the wayside in the flat property sales market.

As we start 2008 there are signs for optimism as AMLA, The MLS dealing with Spanish property for sale has announced record visitors for the first two weeks of the year.

Costa Blanca Property and especially Moraira property and Javea property have shown double-digit increases in visitors.

The proff of the pudding though is whether these visitors or ‘browsers will turn into buyers. It was confidence in the global mortgage market that made purchasers wary in the second half of 2007. Many came to look but left without purchasing. With interest rates in both the USA and possibly UK on the decline there may now be confidence returning to investors looking to cash in on purchases at the perveived ‘bottom’ of the market cycle.