Reply To: Property Auctions in Fuerteventura/Lanzarote?


Yep the Direct Auction guys are way off the mark, I have been to two of there so called Auctions and not one single property was sold and 95% were withdrawn. Reserve’s were way too high.

The auction process will never work in Spain as the majority of sellers have a completley unrealistic view of the value of the property they are selling. Hence the high reserves.

Great concept badly executed.