The tipping point, or what happened after the summer of 2007. The main suppliers of cheap resources for the real estate market were Western investment funds. After U.S. mortgage crisis began to take more and more rampant, fewer funds remain willing to invest in the booming mortgage. Crane Mortgage Resources smoothly overlap and by spring 2008 almost completely closed. Funds invested in mortgages, of course, remained, but their volume has decreased significantly.
Banks have become less willing to provide loans to organizations with "weak" financial reporting, illiquid collateral, the people with informal income, increased interest rates, reduced credit limits. Real estate taken as collateral for loans, were assessed at a discount, which also led to reduce the possible volume of lending. Such measures are primarily reflected in the increase of expensive parts of the business and reduce profitability. Businesses were forced to pay more for borrowed funds, which have Many had plenty of time to raise interest rates. Along with rising interest rates and reducing credit limits, more companies began to revise the investment program and further development.
Previously planned expansion in the region many capital company revised its volume reduced or frozen projects. There was an involuntary reduction in demand for property. No do not think physical demand is not reduced, but it became insolvent. As the Russian proverb: "seeing eye – yes teeth itching. On the background of already contracted as a global crisis, more companies have become reduce their costs: to reduce office staff, support staff, the extra costs.
La Manga – a tourist region with developed infrastructure. Luxury hotel with excellent service, favorable climate and unique views of the Mediterranean and the Mar Menor annually attract more tourists. Region is suitable for families and for leisure in Spain. In addition to La Manga tourists also attracts those who are planning to purchase Property on the Costa Blanca. Of the types of real estate in La Manga dominated apartment, because many apartment complexes with high-rise buildings. Cost of apartments in La Manga is between 110 and 000 , townhouse same more expensive – from 500 000 . Angle light scattering (MURSIA) Murcia (Mursia) located on the Costa Blanca, 75 km south of Alicante and 30 km west of Torrevieja. From Alicante to Murcia can be reached by car or bus, and train.
In Murcia is home to about 420,000 residents (as of 2009), it is the seventh most populous city in Spain. Area of Murcia is known for its mild climate, moderate rainfall, beautiful environment and a variety of landscapes. Many tourists are attracted to Murcia unlimited opportunities for water sports facilities, infrastructure for recreation. And yet – clean, sandy beaches (there are more than 200). Murcia is capital of the province and has its own university. The Mediterranean region of Murcia is famous not only for its beautiful beaches, but also many unexplored corners of the picturesque nature. Natural charm and contrasts the nature of Murcia distinguish from other regions. Here you can see and airy open spaces, reminiscent of the most desolate deserts and lush vegetation in the fertile valleys of the Segura and Guadaletin: modern living neighborhoods, joining a small medieval villages.