THINKING ABOUT BUYING? Te last remaining distressed sale deals and repossession properties along the Costa del Sol are being hoovered up quickly, but buyers can still find some great deals amongst many resale properties with some vendors looking to sell quickly due to change of circumstances. Off-plan and new build properties are in very high demand again as they offer buyers some great off- plan discounts. In Andalucia, Property Developers are meeting the rise in demand for luxury new-build properties and the construction of new developments and modern villas is evident along the coast. However, that’s not to say the Spanish property market is flying in all areas. Properties in less popular or marginal locations are still slow to sell for good reason. So for the best quality of life and long term investment, stick to high demand areas like the “Costa del Sol” with its fabulous infrastructure and best climate in Europe. Especially target areas between Malaga and Estepona such as the popular; La Cala de Mijas, Benalmadena, Marbella, Nueva Andalucia and Benahavis, but be warned, trying to negotiate on price in
these hot spots is getting more difficult. You really need to see a number of
properties before buying, so you can get a real feel for what’s available in the different locations. It’s amazing how many clients are focused on wanting to be in a certain area, yet end up changing their mind halfway through their search process and buying in another area entirely. So choose a Real Estate Agency, that covers the whole coast, so you can use their expertise and experience to recommend suitable areas and properties to view. I would recommend you your agent show you a number of areas you had not even considered before, to get a better idea of the value and size of property that are available in different locations. Tere are no shortcuts, websites provide
good information but rarely portray the reality of the property or area. Many will disappoint, with some new developments displaying example photos of million euro penthouses, stating prices in the development start from just 300,000, but obviously with a 300k budget, the photos are not going to reflect in any way what you will actually be viewing. Also, in some cases photos simply can’t portray the true beauty, size or surroundings of a property, so you really do need to spend a little time explaining exactly what you are looking for and be guided into the right properties. Peter is a frequent contributor to the UK / Spanish press and was one of the panel of experts for Overseas Property Professional magazine, having spent most of his working life as a professional Real Estate Agent and Valuer. He is also the Managing Director of one of the coast’s top Master Real Estate Agencies “Overseas Dreams” with registered offices in both Marbella and La Cala de Mijas.
For more information on buying or selling property on the Costa del Sol, contact Peter or any of his team on Tel: (0034) 951 551 444 or
email:
info@OverseasDreams.com
PROPERTYMAIL / 29
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36
