New Luxury Spanish Property Competitions Website Launched for UK Residents

Cambridge, United Kingdom, October 15, 2009 --(PR.com)-- Many people may have seen various Property Competition schemes launch, only to fail at later stages. Apart from anything else, this has led to an undermining of confidence in other schemes launched. Having passed through many International Airports, Richard Firth founder of the website www.winspanishproperty.com questioned why people could successfully and legally enter competitions to win luxury cars, but not luxury properties. It turns out there is no reason in particular, but all competitions must demonstrate an element of skill and judgement. It seems that most if not all of the schemes launched previously did not manage to satisfy this requirement. After almost 2 ½ years of research and development, www.winspanishproperty.com does meet all the requirements. Competitors can make an entry from as little as £30 and will see the prizes awarded.

Richard stated, “With quite a few British people owning property in Spain, but struggling to make ends meet during the recession, it seemed natural to come up with a way of helping them to dispose of their property at a time when market prices were depressed and the property market flooded. The idea first came about even before many of the other schemes were thought of, but I wanted to make sure that everything was set up properly, legally and safely for competitors.” Not surprisingly, they already have a large number of properties to offer as prizes in future competitions, but are happy to consider adding to the portfolio. “It’s a sad fact of life that there is no shortage of properties, but we are trying to be selective, offering only those which will give the winners the most potential enjoyment without any nasty surprises. As such we are tending to favour newer or newly re-furbished properties.” Interested parties should make contact through the website.

The competition follows the same formula as a tried and tested method which has been in operation for decades: spot the ball. However, rather than the traditional football picture, www.winspanishproperty.com uses a golfing picture. Another major difference is that all the prize money is held by the online payment processor until each competition closes, to ensure maximum security for all competitors. In the unlikely event that insufficient entries are made to cover the cost of purchasing the property prize, the prize fund will be awarded as a cash prize. All properties have been independently valued by UK qualified and Spanish registered property surveyors and the winners will have all legal fees and transfer taxes paid for them as part of the prize.

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