A friend’s Son has just purchased an apartment in Sotogrande. They paid only a little lower than the asking price and are happy with the deal. Location they wanted etc. They looked at lots and said that the “bargains” were always for a reason, terrible location, building faults, paperwork etc. Most that they had chosen to view off websites they never actually went inside as they looked much worse in reality.
I heard (from a horses mouth) that there are few people looking for a property bargain or not. Just no interest.
I think it was Inez(?) who said earlier this year that the ones who have mortgages cannot reduce much.