Must Sell Front line 3 bed Aparment Almerimar

LoadingFavourite

This topic contains 6 replies, has 3 voices, and was last updated by Profile photo of Anonymous Anonymous 7 years, 8 months ago.

  • Author
    Posts
  • #54528
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi,

    I have 2 apartments in Almerimar and one must sell!!

    I am relucant to sell this apartment but since it is more desirable than my other I think I will have a better chance.

    I have owned the property with my Spanish wife for 5 years and it is only used as my holiday home. Hence it is in excellent condition.

    The complex was built by a small Spanish builder and started around 1999 finishing in 2007. It took 8 years to build 6 blocks!!! They are extremely high quality apartments, built to a very high standard. I believe it is the best complex in Almerimar a view shared by the town planning counciller when I spoke with him.

    There are very few apartments in this complex for sale. There are 2 on fotocasa. One for 315,000 and one for 222,000. The last is an urgent sale (according to the entry) and dosen’t benefit from the second balcony that mine has. They are almost exclusively owned by Spanairds and used as weekend/holiday homes. My wife’s sister owns the one above and in my extended Spanish family we own 4 apartments in this complex. My 2nd apartment is in a differnt complex

    As I say I am reluctant to sell this property. I am marketing it at 199,000 Euros and I am only doing this to take advantage of the low sterling rate as the funds will be brought back to the UK. If the pound moves back towards the 1.50 mark I will not sell it.

    It’s probably a futile post given the market, but if you are looking for a property in Almerimar and were buying with a Euro mortgage then this is a discounted apartment. If you’re ultimately paying in Sterling then you won’t get the discount.

    Anyway here’s the property.

    http://www.fotocasa.es/property-apartment-sale/ejido-el-calle-playas-de-la-ensenada-0-det__121455586-1-1-2-724-1-4-63-0-4902-4711.aspx?opi=1&llci=0

  • #88706
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi.

    We are moving our boat from Plymouth to Almerimar in April 2009. We will also be looking to buy an apartment away from the immediate confines of the marina.

    Could you please answer the following.

    1 Have you any more pics to E mail ?.

    2 Is this property on the market with any of the local agents?.

    We are English cash buyers and once we find what we want we will complete very quickly, any price must reflect this. Are you open to offers?

    We visited the area three weeks ago and found that there are an enormous number of homes on the market but prices were not reflecting the current financial situation, In fact some of the homes have been on the market for over three years.

    Look forward to your response.

  • #88930
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi PD51,

    I have sent you a PM

  • #88932
    Profile photo of Anonymous
    Anonymous
    Participant

    My 2nd apartment

    http://www.fotocasa.es/Building/building_Detail_1.aspx?&link=111&OrigenVisita=17&et=29&ui=1948937&gi=121499392&ai=121499392&redirected=true

    Offered at 149K open to offers.

    Currently cheapest apartment (less desirable, lower floor, not South facing) around 169k on fotocasa. Most seem to be in the region 180-200k.

  • #88974
    Profile photo of Anonymous
    Anonymous
    Participant

    I have now reduced my apartment by another 20k (approx). Now standing at 129,950 Euros

    This is now a reduction of 40% from the bank valuation. Some apartment owners have identical (top flloor, south facing) apartments on a 200k.

    I am foolish or are they delusional ??

  • #88976
    Profile photo of Anonymous
    Anonymous
    Participant

    @jp1 wrote:

    I am foolish or are they delusional ??

    I guess this was rhetorical, but in any case I don’t think you’re being foolish.

  • #90934
    Profile photo of Anonymous
    Anonymous
    Participant

    SOLD

You must be logged in to reply to this topic.