
Spain's real estate market may still be some way from recovery but some vendors are able to sell at much less than they bought and still turn a profit, it has been revealed.
At first glance it's tricky to work out how buying a villa in Spain in 2000 for €122,000 and selling in 2010 for €85,000 can be seen as anything but an unmitigated disaster. In actuality, the client's getting a bargain and the vendor's making a profit. That's because the vendor's British and currency exchanges work in their favour.





















