Spanish Property Insight › Forums › Spanish Property Forums › Real Estate Topics, News & Discussion › Looking to buy around El Rompido, Punta Umbria and Portil › Reply To: Looking to buy around El Rompido, Punta Umbria and Portil
I haven’t seen any reduction in prices in the whole of Andalucia. The only people who seem to believe it are the ones who have been watching the Trevor McDonald show etc. Not saying it may not happen soon but don’t think you can make silly offers at the moment. The ones that have a reduction were usually put on sale at grossly inflated prices so you aren’t actually getting a bargain if they reduce. Remember the old MFI sales? Everyone knew they had never been the asking price anyway 🙄 And as for bank valuations…most of them are grossly inflated.