- This topic has 13 replies, 10 voices, and was last updated 15 years, 7 months ago by
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Dont hold your breath…….!
Anyway, there is still healthy interest not only from overseas buyers for holiday/retirement homes, but also from the Spanish and from non spanish residents living here, Im pleased to report.
Its just quieter than before, but there is business to be had, Im fairly busy so fingers crossed!
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Mirroring Inez’s comments, I had clients here I month ago the wife was shortlisting property for her husband to come for a second visit this week, she shortlisted 3 properties to see again all of which are now sold, it seems that good places sensibly priced are still selling. also this week have had 2 vendors saying that they were not prepared to entertain the offers being made and are withdrawing their property from sale and will sit it out until the market recovers!!
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Yes and if they have finance on the property then they may not be able to go below a certain price, therefore the banks will end up with a massive surplus and then maybe will have to take what they can get to shift the stock and not build up community fees!
Its rather complex but the really really cheap places wont be seen for another couple of years (via the banks) and anything in good location well priced will always sell.
There will be the odd exceptions to this rule, but not many!
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@Inez wrote:
anything in good location well priced will always sell.
There will be the odd exceptions to this rule, but not many!
Inez, how true. That rule applies almost everywhere, whatever country it may be in.
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The problem with this site is that all the happy purchasers don’t come over to foums such as this to complain. The vast majority are happy purchasers.
But this forum, I think, was created not so much to tell happy yappy stories with dazzling coloured avatars -of which you learn nothing- albeit to raise the public awareness on certain issues regarding Spanish property. And this involves often some very sad stories.
In life you learn more from failures than from success.
In any case Spain is a beautiuful place to live in and fortunately for you expats it is very cheap for you so don’t let all the sad stories put you off from purchasing property in Spain. You only live once, enjoy it. The media at times tends to create a mountain out of a mole hill (i.e. all illegal dwellings will be demolished in Spain … 🙄 ).
Look at Chiclana, all 40.000 illegal dwellings have been legalised and no compensations have been paid to the town hall, a true general amnesty. Why don’t they talk of that ? Why focus all the time in Marbella’s compensations then ? Because it helps to sell newspapers, bad news is good news.
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