Just to report back put apartment up for sale last October 2011 with a Finnish Estate Agent, put it up at a 30% reduction from peak price of when we purchased 2004 – we are asking E149900 – we agreed a price of E142,000 after a lot of haggling by Norwegian purchasers. We took a 33% hit on original purchase price but I feel it was still a good achievement in the current climate in Spain! The apartment which was 3 bed bungalow style was located orihuela costa and in good location to beach and all amenities. Off course some of my fellow owners think I mad and are sure that the prices will rise in the not too distant future – who knows – anyone got a crystal ball handy 😀
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