April 11, 2017 at 1:42 am #198750
I’m looking to buy a property in La Mata and struggling to work our how property is valued. I hear that a lot of property prices are plucked out of thin air, and from what I’ve seen, this seems to be the case. Is there anyway I can get an idea if the property I’m looking at is around its current market value? I’ve had holidays in La Mata for years now and buying has been in the pipeline for the last 3 or 4, and we are now in a position to buy. Our criteria is pretty specific and this limits our choice, but they few we have found seem overpriced. Maybe its the area??
We have had a property agent recommended to us by a friend who has used them, but they seem extremely tardy at finding properties, and don’t seem to get what we are after. is there any way to check out estate/property agents before I make contact with them?
Any help or advice would be greatly appreciated.
Thanks in advance
April 13, 2017 at 11:26 am #198857
Welcome to the vacuum of reliable Spanish house price data. So many people have told me the same thing. Quite a few have told me they decided not to buy in Spain because they felt so lost when it came to market price. Asking prices published by portals are just the blind leading the blind.
I’m working on a project to provide reliable data based on sales, but it’ll take months, if not years, to start getting enough data together to be meaningful. Sooner than that I’ll be offering cheap online valuations based on an appraisal company’s valuations, which are better than asking prices. But that’s still a month away.
In the meantime the best you can hope for is the advice of a good agent. I’m putting together a directory of agents and developers in my network (see Spanish property agents and developers, work in progress), but haven’t got around to La Mata yet. I do know a good agent in that area. Would you like me to send you his details?
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