Re: Re: The Spanish Property Market in 2011?

#102238
Anonymous
Participant

I think you’re right about stubborn sellers, especially the Spanish. They tend to pluck a value out of the air and stick with it, no matter what, for years.

My expert pal was asked to revalue a Spanish property that has been for sale for the past ten years, at 995,000 Euros. He valued it at 600,000 Euros and it looks as though it is finally going to be sold, for 550,000 Euros.