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Just as an aside Jarrod, what sort of price do you have to pay in Spain and what do you get for your money?
Pics would be good if you can grab a couple easily enough.
Cheers
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Well it does of course depend on what and where you are but there is no shortage of stand alone detached 3 or 4 bed properties for 150,000EU or less like this one
http://www.idealista.com/en/inmueble/27873667/ with around 2000msq the standardish parcel.
If you can go to 200 there are more modern homes like this
http://www.idealista.com/en/inmueble/28753102/ but if you move a suburb over that can go for 150 or 300 depending on location and it's highly likely that they will never get the asking price, 20% off seems to be the done thing.
There is also a large amount of cheap bank properties and lots of fixer uppers and terraced or semidetached near the beach that are well under 100G.
And the further inland you go the more you get
http://www.idealista.com/en/inmueble/28661117/
http://www.idealista.com/en/inmueble/29523143/
But that is just this region there are an estimated 2 million empty house in Spain so you can really find anything you want at nearly any price.
Interestingly only yesterday I was looking at Adelaide and KI houses, there is no way you would get anything in the area I grew up in Adelaide that would resemble a 3bed detached house for the price we paid here even taking into account the currency coversion.
KI on the other hand represents better value but I wonder what the employment opportunities are like there.