Property prices
#1
Just Joined
Thread Starter
Joined: Jul 2007
Posts: 8
Property prices
Looking to sell in Playa Flamenca , South Costa Blanca do you think property prices will go up at all in the near future?
#3
Family man
Joined: Nov 2007
Location: Playa Flamenca, Orihuela Costa
Posts: 542
Re: Property prices
I also live in Playa Flamenca. I know of estate agents that are really busy but with bottom end stuff. 80 - 90k. Depending on your situation of course, but if you drop the price you will sell. I cant see the costa´s getting better until Britain starts recovering properly.
#4
Banned
Joined: Feb 2009
Location: Alhaurin de la Torre, Malaga Province
Posts: 704
Re: Property prices
I also live in Playa Flamenca. I know of estate agents that are really busy but with bottom end stuff. 80 - 90k. Depending on your situation of course, but if you drop the price you will sell. I cant see the costa´s getting better until Britain starts recovering properly.
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#5
Just Joined
Thread Starter
Joined: Jul 2007
Posts: 8
Re: Property prices
hi cbandy,
Which agents are they. I tried a few agents about 18 months ago and they weren't very helpfull
Which agents are they. I tried a few agents about 18 months ago and they weren't very helpfull
#6
Family man
Joined: Nov 2007
Location: Playa Flamenca, Orihuela Costa
Posts: 542
Re: Property prices
I will get you some contact details over the next couple of days and PM you. Always better with the smaller agents I think. But it will still take a while to sell I reckon.
#8
Banned
Joined: Dec 2006
Location: Living in a good place
Posts: 8,824
Re: Property prices
With the bad exchange rate I would guess at least 5 years to pick up. You may be lucky and find a European buyer but the Brits made up 90% of the market.
#10
Lost in BE Cyberspace
Joined: May 2009
Location: Alicante province
Posts: 5,753
Re: Property prices
I wonder if prospective sellers who bought over four years ago are factoring in their buying at an exchange rate of 1.40 and selling at 1.14?
My brain hurts too much on this sunny afternoon to be able to work it out, but you could sell at a considerably lower price and still make a Sterling profit, if you're returning to the UK.
Around here, there doesn't appear to be much selling going on, apart from the vultures advertising repossessed properties. One that I often see driving around with that written on the side of his car even looks like a vulture, a fat one, mind you, he's got a few dents on the car.
My brain hurts too much on this sunny afternoon to be able to work it out, but you could sell at a considerably lower price and still make a Sterling profit, if you're returning to the UK.
Around here, there doesn't appear to be much selling going on, apart from the vultures advertising repossessed properties. One that I often see driving around with that written on the side of his car even looks like a vulture, a fat one, mind you, he's got a few dents on the car.