New 2 Bed, 2 Bath, Aircon in Aldea Hills reduced to €99,000

[AnonymousParticipant]

I am selling my property in Aldea Hills, it is a 2 bed, 2 balcony 90sq m property in a nice development with underground parking and a pool.

The property is on the third floor and has excellent sea views. This is a larger apartment than the standard Aldea Hills 2 bed and has 2 balconys, one being off the master bedroom and living room with sea views, the other off the second bedroom with mountain views.

Aldea Hills is located 5min drive from Manilva, Sotogrande and Duquesa.

The property is a 4 min walk to the beach. The property has all new kitchen Appliances fitted, marble floors throughout, nice bathroom fittings, marble worktops and has Hot and Cold Aircon.

………………………..Sold…………………………………….

[AnonymousParticipant]

Hi All,

I have now reduced the price to €110,000. Barrington Homes have a property the exact same as this on at €125,000.

[AnonymousParticipant]

Price now reduced even further for 2012 to 99k.

I have also placed the apartment with KS Marbella, Barringtons and Castles in Manilva who can all show the property.

One of the best priced apartments of its type on CDS. 2 balconys, 4 mins walk to the beach and sea views…

See below, photos taken this week.

http://www.barringtonhomes.eu/Duquesa-Property/Aldea+Hills-S020.htm#

[AnonymousParticipant]

This apartment sold through a local agent for in excess of 105K.

[AnonymousParticipant]

You mean someone offered you more that your selling price!!!

[AnonymousParticipant]

Yes amazing, I had just reduced the price on this forum, and the next week it sold at a slightly higher price via the agency.
This was the agents comission more or less.

I can’t complain re th high commission as I had it for sale for two years, considering what was happening with both the market and economy in Spain I was also glad to get out when I did. I still got hosed for 100k and feel very negative about buying in Spain and the Spanish law. I would never have been in this position if the bank guarantee was in place.

I live in Ireland where we had a similar boom to Spain, we are also in a similar position re banks, economy, debt etc. Last month we saw properties selling at one tenth of peak price…

[AnonymousParticipant]

Congratulations for selling, too bad about the capital loss.

What nationality was the buyer, if you don’t mind me asking? (that is, if you know)

[AnonymousParticipant]

Spanish and they recieved a mortgage from a Spanish bank.
In Ireland the banks have stopped lending.

[Author]

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