Re: Re: Santander will “price to sell” its real estate portfolio



I agree though with whoever mentioned the discrepancies in prices being a huge problem. Probably puts of a lot of buyers off just because the uncertainty. In a normal transparent market this is never a huge problem. Unluckily Spains housing market have never worked like this.

One property may be a steal at a certain price but it looks fishy when a neighbouring identical apartment is for sale for 100% or more. Ofcourse you can use it as an argument for why this apartment would be a steal but what will the client think? Normaly the market doesn’t behave in that way. Coming down to look at properties not used to Spain doesn’t make it easier.

Some properties for sale have prices that haven’t been changed since 2007. 😆