bargain properties in spain costa del sol agents discounted spanishproperty spanish property villas in marbella a
I must tell you about an agent on the Costa del Sol that received a call from a British chap last week.
The client was interested in a villa in Marbella, advertised as being reduced in price from €750,000 to €550,000 for a quick sale. The client simply gave his name and contact number and asked the agent to call him once the villa had been further reduced to €300,000.
When the agent informed him that this was extremely unlikely to happen and that 2 viewings had already been arranged on the property for Friday last week, the man insisted that people would be mad to pay the asking price, that the Spanish property market was yet to bottom out and that this particular property would still be on the market at €300k in 6 months time.The client had never seen the property and knew nothing about the vendor´s circumstances. When the agent tried to explain this, the chap would have none of it.
Anyway, the agent called me today to let me know that the vendor accepted an offer of €525,000 this morning, and that the villa had been valued by one of the leading Spanish banks at €700,000 – not bad, even in these challenging times!
So, not quite €300,000 - but a bargain nonetheless. Looks like the client will have to search that little bit harder for his version of a Spanish property bargain.
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