Re: Re: Move from Southern France to Valencia Region



@floatingjimi wrote:

Re Employment

I have a pension so that side of things is not an issue and if we decide to buy we can buy cash so that also makes things a lot easier.

Thanks Mark for – loads more properties that I had not located previously.

The contemporary architecture is so refreshing.

On the buying process is there a norm re putting in offers – ie where would you go in at – 10 – 20- 30 percent less than asking.

In France it never was an issue – one would state that you could move quickly had cash and then go in as much as 50% less than asking.
This was back in 2002 and 2003 and as such those days are passed, however when you properties have been reduced by between 40 and 50 percent, one starts to ponder.

With regards to the asking price, check what the other properties are selling for in the same area with the same spec, if any have sold of course.
Just going in with a 30% less than the asking price offer would be offensive (even laughable) to most sellers and they would not even contemplate it.
I personally would start with 15% less than the asking price, knowing that this will probably be rejected but this would be a starting point and you would then probably end up meeting half way. I would say 20 to 30% below asking price is way too low and I would probably be offended if someone came in with that sort of an offer. Mostly, you would most probably end up buying at about 10% below the asking price, but that could vary from seller to seller. But I am sure most of the buyers on here would disagree.
I think an agent would be your best bet to answer this question as they know at what percentage below asking price buyers are coming in at.
If you do find something and put in an offer, please do let us know how you get on and what response you get.