costa del sol property for sale polaris world bargains property in costa blanca for sale property in spain spanish properties for sale 
The profile of the typical Spanish property buyer has shifted markedly in the last 5 years.
During the boom years, buyers were snapping up anything they could, with demand for Spanish properties outstripping supply, meaning that most buyers contented themselves with buying off-plan and waiting for completion………..just happy to be part of the investment bandwagon. One of the most in-demand regions a few years ago was the Costa Calida, located in the south-eastern corner of Spain, and home to the well-known Polaris World golf resorts. At the time, buyers felt that consolidated areas such as the Costa del Sol and Costa Blanca had reached their peak, and that better investment returns could be achieved by buying into a lesser-known area with big plans. Continue reading »
cheap property in marbella golden mile marbella marbella property for sale marbella villas property in spain puerto banus properties rent property in marbella Most buyers of property in Spain have a habit of treating and viewing the entire Spanish property market in very general terms – at the moment, the widespread view is that the market is on its knees, prices are falling dramatically, and that vendors are desperate to sell.
This is wishful thinking on the part of prospective buyers.
Just as in any property market, there are areas that are still attracting high demand, just as there are undoubtedly areas with problems of over-supply and falling prices.
apartment in spain euro exchange rate fix exchange rate pounds euros property in spain sterling euro rates As I write, sterling has recovered to 1.16 euros to the pound. This is an incredible leap from the depths that were plumbed at the turn of the year, when the sterling euro exchange rate was hovering at around 1.02.
This improvement really does have an impact on the spending power of anyone looking to buy a property in Spain. If you had purchased an apartment in Spain at a price of €200,000 in January at a rate of 1.02, this would have cost you the equivalent of £196,078.
If you made the purchase today, the same property would cost you the equivalent of £172,414. That´s a whopping saving of over £23,000!!
Continue reading »
apartment in marbella to rent apartments for sale in marbella property in spain spanish properties for sale You´ve found the perfect property in Spain. It looks like a great deal – a lovely 2 bed apartment in Marbella, nestled in the hills and with lovely sea views.
It´s priced at €200,000 and you really want it.
But you´ve been advised by friends and colleagues to negotiate HARD! After all, everyone is desperate to sell their properties in Spain.
Your initial thoughts are to go in with an initial offer of €140,000 just to test the vendor´s resolve. Maybe he´s so desperate for cash that he´ll have signed up and taken you for a thank-you sangria within the hour!
Sadly, for you, the reality is likely to be somewhat different.
cheap villas spain property in spain spanish property bargain spanish villas villa in spain So you´ve seen that fabulous Spanish villa in the hills. You´ve been told that it was previously priced at €500,000 and you´re aware that it was ´recently´ valued at €450,000
It´s now on the market at €295,000 and the owners are desperate to sell.
AN ABSOLUTE STEAL FOR THE PRICE!
Too good to be true? Are we really about to buy a property in Spain for €295,000 that is actually worth €450,000? Possibly…..but highly unlikely.
Continue reading »
bargains in spain discounted properties spain distressed property spain property in spain spanish property My mum phoned me earlier this week, in a very agitated state. “How are you coping? It must be terrible for everyone with property in Spain at the moment.”
When I asked her what had prompted this wave of concern, she told me that she had been reading an article in the Daily Mail, which painted a dismal picture of British owners of properties in Spain being forced to pack up and leave, and/or becoming trapped in a falling housing market.
cheap spanish property deposit in spain property for sale in spain property in spain reserving a property in spain spanish properties So you´ve seen a property in Spain that you would like to buy. What next?
Many buyers are being strongly advised in the media to make ´silly offers´ to secure the best property deal possible. That may be all well and good if you are the only interested party, but in the case of those cheap Spanish properties that are now correctly priced for a quick sale, you may well miss out on your dream home for the sake of saving a few quid if you follow this advice.
agents on costa del sol costa del sol property good agents in marbella property in spain spanish property spanish property agents The attitude of some Spanish property agents is surprising to say the least.
Here we are in the depths of a recession, with dwindling numbers of prospective buyers and with a growing number of desperate sellers, and just at the time when agents should be going that extra mile to sell their properties and think of expanding their routes to market on behalf of their vendors, a surprising number are happy to sit back and wait for the business to fall into their laps.
estate agents in spain holidays in spain property in spain selling a spanish property spanish properties staging a property in spain Here´s the scenario.
You have a lovely home in Britain (or wherever) and you have a holiday home in Spain which you tend to use a few times a year. But now we have a recession on our hands, you are losing interest in the Spanish property and really could actually do without it.
So, you put the Spanish property on the market at what you consider to be an attractive price to sell, but despite plenty of interest and viewings, it´s still unsold. The recession seems to be biting even harder, and you can barely afford to keep your own home, never mind the second home in Spain that you really should never have even bothered about!
Are you tearing your hair out yet?
100% finance in spain banks in spain interest only mortgage in spain mortgage in spain paperwork for spanish mortgage property in spain spanish mortgage spanish property The Spanish mortgage market is currently changing on a daily basis.
Most banks worldwide seem reluctant to lend anything to anybody, but here in Spain, people are still getting mortgages. Here is an update on the current situation.
