Puerto Pollensa Travel Guide
Before You Go
Flights
Package Holidays
Latest Special Offers!
All-Inclusive Hotels
Hotels & Aparthotels
Private Villas/Apts to Rent
Villa Companies
Local Rental Agents
Cruises
Car Hire
Airport Transfers & Taxis
Travel Insurance
Late Deals!
Currency
Holiday Shopping
Background Info
Language
Books
Events & Fiestas
Climate & Weather
Art & Culture
Flora & Fauna
Links
Discussion Forum
Once You're There
Maps
Airport Directions
Tourist Information
Eating Out
Buses & Trains
Music & Entertainment
Excursions & Days Out
Shopping & Markets
Kids
Beaches
Walking, Cycling
Boat Charters
Sailing/Watersports
Market Place
Boats & Yachts
Property For Sale
Businesses For Sale
Property Services
Local Services
MouseMats & T-shirts
Computers
Internet Services
Virus Protection
PuertoPollensa.com discussion forums

Go Back   Pollensa Forum > LIVING & WORKING IN POLLENSA > Living & Working in the Pollensa Area

Living & Working in the Pollensa Area This forum is for any comments, questions and advice about living (permanently or temporarily) and working in the Pollensa area. Aimed at ex-pats, property owners etc.

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 02-12-2011, 15:22
Banned
 
Join Date: May 2009
Location: England
Posts: 1,710
Default How will the possible demise of the Euro affect property prices?

Hi everyone

As thread title really. For us owners in Mallorca, how will we be affected?

Basically, will it be good, bad or indifferent?!
Reply With Quote
Sponsored Links
  #2  
Old 03-12-2011, 12:04
Gommar Goffer's Avatar
*****
 
Join Date: Aug 2008
Location: PP permanently
Posts: 1,538
Default

If they go back to the peseta you will certainly feel alot richer with all those noughts on the end!!
__________________
GG
Reply With Quote
  #3  
Old 03-12-2011, 14:46
*****
 
Join Date: Feb 2008
Location: glasgow
Posts: 1,173
Default property prices

Who knows? But i was reading a article (SundayTimes) re the Greece situation, they reckon if they went back to the drachma some properties would halve overnight
Reply With Quote
  #4  
Old 03-12-2011, 15:31
Banned
 
Join Date: May 2009
Location: England
Posts: 1,710
Default

The above would be my worst fear. Can't imagine it wil be good ?
Reply With Quote
  #5  
Old 04-12-2011, 12:15
*****
 
Join Date: Aug 2009
Posts: 583
Default

Also in an attempt to get more money into the country the Spanish Authorities are in talks to agree a `full disclosure`with the German tax authority's which means an awful lot of Germans will be forced to sell up on the Island, although there is normally an amnesty period to settle up.This would be absolutely devastating.
Reply With Quote
  #6  
Old 04-12-2011, 15:40
**
 
Join Date: Oct 2011
Location: Canterbury
Posts: 13
Default

Euro collapse would lead to a massive
drop in prices in Mallorca
Great for some
The end for others
Reply With Quote
  #7  
Old 05-12-2011, 12:13
*****
 
Join Date: Feb 2008
Location: glasgow
Posts: 1,173
Default

Quote:
Originally Posted by cumberland8 View Post
Also in an attempt to get more money into the country the Spanish Authorities are in talks to agree a `full disclosure`with the German tax authority's which means an awful lot of Germans will be forced to sell up on the Island, although there is normally an amnesty period to settle up.This would be absolutely devastating.
IF! property prices are going to be affected it would only be a problem if the owners decided to sell. Anyway, back to my glass is half full, let's see what happens.

Last edited by pollensa; 06-12-2011 at 15:49. Reason: potentially offensive comment removed
Reply With Quote
  #8  
Old 05-12-2011, 18:23
*****
 
Join Date: Aug 2009
Posts: 583
Default

For many years Spain has ,shall we say, kept quiet, over property details owned by German citizens for obvious reasons.
Approximately 8 years ago they agreed a partial disclosure which led to hundreds of our compatriots selling up on the Island , it will be very interesting to see if this agreement goes ahead what happens.

Last edited by pollensa; 06-12-2011 at 15:49. Reason: potentially offensive comment removed
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are Off
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Will Ireland economy affect Spain pips Miscellaneous 2 20-11-2010 20:20
Property prices Major Tom Living & Working in the Pollensa Area 6 24-07-2009 16:26
Property Prices PP gpm Living & Working in the Pollensa Area 20 02-04-2008 23:51
Property Prices in PP ahmurray Living & Working in the Pollensa Area 15 02-03-2008 11:14
property prices smiddy Living & Working in the Pollensa Area 9 11-11-2003 20:34


All times are GMT +1. The time now is 19:43.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO 3.6.0
(c) Copyright Holiday Webs Ltd 2011