Reply To: An unexpected upturn in Sales! – Possibly!!!

#82914
Anonymous
Participant

Hi Peter

I am pleased for you, hope the trend to sell realisticly priced property continues.
I have just returned from 10 days on the CDS, the first time there in 8 months and I have to say there is a definate difference in vendors attitudes to offers, and prices have fallen by between 10-30% on property that the vendor is motivated to sell. There is still property that has been hanging around for over 2 years and of course the countless 100’s of 2b2b apartments in the hills that will always be a problem.

It was quite strange to see all the empty and closed estate agent offices down the carretera especialy all the painted out ex Viva offices.

I think that the estate agents that are left in buisness have taken on board the situation as it is(previously in denial) have re educated the motivated vendor, and hopefully this is now the begining of the end for resale property.

As for new builds, off plan,2b2b apartments with no location still bob hope and no hope

Steve