I have this agency book marked and thought I would peruse the villa selection ( I only ever look at the apartments)
First shed is in Berja (where my in-laws live) 120k. I would imagine it’s real market value is 40k or less. That is of course if anyone will ever buy it.
Fifth from last (Guardias Viejas) almost 1 million Euros. Now if you don’t know Guardias Viejas, just think of a poor area of a UK town devoted to social housing and you are pretty close. I can’t see this “villa” worth more than 200k or less simply for it’s location.
Also look at REF: V105. !!!
What are these sellers really thinking??? Are they simply crazy or hoping an idiot might come along!
I have this agency book marked and thought I would peruse the villa selection ( I only ever look at the apartments)
First shed is in Berja (where my in-laws live) 120k. I would imagine it’s real market value is 40k or less. That is of course if anyone will ever buy it.
Fifth from last (Guardias Viejas) almost 1 million Euros. Now if you don’t know Guardias Viejas, just think of a poor area of a UK town devoted to social housing and you are pretty close. I can’t see this “villa” worth more than 200k or less simply for it’s location.
Also look at REF: V105. !!!
What are these sellers really thinking??? Are they simply crazy or hoping an idiot might come along!
Most Agents sites are the same. have a look at some in marbella and it is evident they are away with the fairies. Some I know well, tired villas with 1980’s decor asking 700,000 euro and claiming they have been reduced, some want at least 70,000 to bring them up to reasonable. Others in dubious inland places asking double their worth.
What are these sellers really thinking??? Are they simply crazy or hoping an idiot might come along!
F@%^ing ridiclous.
Some sellers are in cloud cuckoo land, but some as we found are completely trapped by a mortgage that is more than the value of there house, cant drop the price as have no money and cant sell as the price is far to high, The price they ask looks and is silly but they have little choice
And if they are in arrears, the banks request they make some effort to show they are trying to sell!
I have a gentleman with a totally illegal proeprty near Alhaurin (was ripped off something rotten) who was given a surveys valuation figure IF IT WAS LEGAL of 380k! He has been offered 50k by someone wanting the land only and his bank in the UK will not accept this either! No agent can or will touch it (or shouldnt) but he still tries to get it listed to show he is trying!!
Author
Posts
Viewing 4 reply threads
The forum ‘Spanish Real Estate Chatter’ is closed to new topics and replies.
This website uses cookies to improve your experience. If you continue to use the website you agree to our use of cookies. You can find out more here. Accept
Cookies
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.