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Old Apr 6th 2009 | 2:22 am
  #16  
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Default Re: Property Prices

Originally Posted by jackytoo
Depends. You are if you sign an exclusivity contract with the Agent. Know someone who had to pay Viva although they sold privately.
I s´pose if you sign any contract you have to adhere to what it says.

Top tip: Dont sign anything til you´re at the point of sale!

Jo
 
Old Apr 6th 2009 | 3:21 am
  #17  
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Default Re: Property Prices

look at this in the news today

Asking prices could fall by up to 40%

Asking prices could fall by as much as 40% for certain types of resale property argues a new report from the Network of Property Experts (Red de Expertos Inmobiliarios) . A fall in sales activity to “historic lows” of an average of 9,000 resale properties per month lies behind the downward pressure on prices . “Buyers have disappeared from the market,” says the report . “That pushes vendors into dropping their asking prices ; if in the past this was done with reductions of 2% to 3% , now the drop is around 30% to 40% .” the full report is on Mark Stucklin pages , reports off The number of Europeans buying second homes has dropped by 83 percent in two years in Alicante . loss of confidence in buying in the Valencia region with reports in the UK press on land law abuse and investigations by the European Parliament . The Alicante newspaper , Diario Información , quotes last year’s figure for Spain as a whole as 22% higher than those for the Costa Blanca .
Spanish Financial News by Jurdy

looks like you hold out and get cheaper ....
 
Old Apr 13th 2009 | 2:29 am
  #18  
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Default Re: Property Prices

Hi jurdyr

That sounds like good news from my point of view - not so good if you're selling. I'll sit and wait now and await developments as I'm not in a great hurry. Probably what you quote is also true of the Costa del Sol, which is ideally where I would like to be.

Thanks
Val
 

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