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An upside to a down market: European vacation homes

Posted on 28 October 2011

Riots in the streets, widespread labor unrest, and government leaders wringing their hands: Europe is a mess. But if you’ve ever dreamed of buying a pied-a-terre in Dublin or a villa in Spain, international real estate experts say now may be the time. In Ireland, housing prices have tumbled to 2002 levels; in Spain, prices are at 2003 levels.
The U.S. dollar, meanwhile, has appreciated a bit, up 3.2 percent against the euro since Aug. 31, making it even cheaper for Americans to buy in Europe………………………………………..Full Article: Source


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