Overseas Property
We are delighted to have this opportunity to announce that we now are able to offer specialist independent advice on the Spanish Property Market. Our fluent Spanish speakers will carry out all property negotiations in Spanish, including with vendors, lawyers, banks etc.
Yes, Spain like many other countries has suffered financial problems. So, has the UK, but people in the UK have not stopped buying properties here and the same is true in Spain. One of the problems has been the insistence of much of the UK media to talk down the potential in Spain, at just the time when other foreign buyers have poured millions of euros into this market.
Spain has re-emerged as a major force in the overseas market. A mixture of:
- Availability of high quality properties
- Bargain prices with discounts up to 70%
- Option to purchase both traditional and ultra-modern designs
- Recognition by foreign investors that Spain is again a sound location for their investment into property, whether personal or commercial
Property prices in Spain have changed substantially over the last few years but this is good news for those who are committed to buying now. There are still good quality properties at a bargain price if you know where to look. Some have experienced a reduction of as much as 70%. Houses at these discounted prices are disappearing rapidly and good quality stock isn’t as abundant as is generally perceived (especially as other nationalities realised some time ago what has been happening and have jumped in already!!).
Will those prices go down even lower? On the quality properties, probably not, as already prices of certain types of properties are beginning to rise again.
You may have heard many times that there is a glut of unsold properties in Spain but much of this is sub-standard and will remain unsold for many years.
Remember, poor quality properties in unattractive locations will always be just that – they don’t suddenly change just because they’re cheap! Whilst this happens, what happens to the good stuff? Frankly, a lot of it goes or has gone!
Unfortunately, anyone looking for the perfect time to buy (or sell!) will probably miss out in any market.
So, to take advantage of bargain prices on quality homes BUYERS SHOULD ACT QUICKLY
But where to go for advice?
The Internet can give you some ideas of the types of property available in different locations. As a starting point, if you have the time, it can be an interesting way of looking at property.
The problem comes when you want to look into the market in more depth. This is when speaking to someone who can answer specific questions in an informed and well-balanced manner becomes essential.
We will be delighted to carry out this role with you to help you in your decision-making process towards the purchase of your Spanish property.
