bank repossessions in marbella cheap properties for sale marbella distressed property costa del sol distressed property marbella 
I was involved in a bizarre situation last week. A client of mine, let´s call her Mrs. Smith, responded to a property advertisement on the internet for a 3 bed property for sale in Marbella, priced at €195,000. Another Costa del Sol property agent had advised me that he was dealing directly (and exclusively) with a local bank that had repossessed the property and that he had been asked by the bank to find a buyer within an agreed timescale of 3 weeks, of which there were 7 days remaining when my client took a look at the property. Continue reading »
buy spanish property in sterling distressed property costa del sol euro exchange rate euro sterling conversion spanish property If you are thinking of buying a property in Spain in the near future it´s certainly becoming an interesting market. The part that the fluctuating euro/sterling exchange rate is playing cannot be overlooked, the primary reasons being these:
- the majority of Spanish property enquiries received by most of the popular portals and websites originate from prospective buyers based in the UK (and therefore likely to be buying in sterling).
- The majority of vendors seeking to sell their properties in Spain are British, and most will therefore be seeking to repatriate the proceeds of their sales back into sterling. Continue reading »
air conditioning costa del sol bargain properties in marbella distressed property costa del sol new property for sale marbella You will know from previous posts on this blog that:
a) I live in Marbella
b) I´ve just bought a new house in Marbella
c) It´s been a record summer for high temperatures in Southern Spain
So, when I ordered the air conditioning for my new home in the first week of June, I didn’t think it would be unrealistic to expect the machine to be installed before the renovation work in my home ended on the 31st July.
If only life were so simple! You see, apparently I need a special wall unit from Panasonic (more about them later!). Not particularly special actually, just smaller than the average kit that they produce. I was told by my air-con man that Panasonic had been lowering their stockpiles due to the recession and that a new unit was being sourced from Barcelona – the unit would be here in my Marbella property no later than the 2nd week of July. OK, just before the August heatwave – that would just about be acceptable. Continue reading »
