Will we look back in time, and say “we bought at the bottom in 2014”………
Jul 8th 2015, 11:42 pm
#31
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
I was looking on Milanuncios the other day and noticed that one of our estate agents had our place on there. I looked at the statistics and saw that he had had over 200 calls. I was passing his office and asked him about why only a couple of people had come to see our place. He said he didn't bother as people were making stupid offers.
Many times I have wondered why people bother to come when it obviously isn't suitable for them, I guess they have nothing better to do......
Many times I have wondered why people bother to come when it obviously isn't suitable for them, I guess they have nothing better to do......
Jul 9th 2015, 6:23 am
#32
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
Property prices are all about location and there is a massive oversupply in parts of Spain. I cannot see these areas recovering for many years to come and in some cases not at all (low occupation urbanisations in undesirable locations).
Then there are the fluctuations of the currency market, so to buy at the bottom you also need to pick the point when the euro is near to its weakest rate.
Add to that buying costs (c13%) and the risks build up.
There are plenty of "bargains" but don't expect to make a killing any time soon.
Buy for lifestyle not potential gain.
Then there are the fluctuations of the currency market, so to buy at the bottom you also need to pick the point when the euro is near to its weakest rate.
Add to that buying costs (c13%) and the risks build up.
There are plenty of "bargains" but don't expect to make a killing any time soon.
Buy for lifestyle not potential gain.
Jul 9th 2015, 6:45 am
#33
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
An acquaintance in the Valencia area bought his house 15 years ago and said that the prices now are still below the price that he paid then. Quite recently I have seen new detached houses just north of Castillon and close to the sea for just over 80K. We found an 90sqm attic +60sqm terrace for 31K, the sort of price that a studio fetches here. How about a 1 bed 54sqm detached chalet for under 30K? These are asking prices Btw. Last week I read that there are 2500 villas for sale around Marbella. Overpriced, over rated.
Last edited by Maybe1day; Jul 9th 2015 at 6:51 am.
Jul 9th 2015, 7:56 am
#34
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Location: Tavistock, Devon
Posts: 53
Re: Will we look back in time, and say “we bought at the bottom in 2014”………
Property prices are all about location and there is a massive oversupply in parts of Spain. I cannot see these areas recovering for many years to come and in some cases not at all (low occupation urbanisations in undesirable locations).
Then there are the fluctuations of the currency market, so to buy at the bottom you also need to pick the point when the euro is near to its weakest rate.
Add to that buying costs (c13%) and the risks build up.
There are plenty of "bargains" but don't expect to make a killing any time soon.
Buy for lifestyle not potential gain.
Then there are the fluctuations of the currency market, so to buy at the bottom you also need to pick the point when the euro is near to its weakest rate.
Add to that buying costs (c13%) and the risks build up.
There are plenty of "bargains" but don't expect to make a killing any time soon.
Buy for lifestyle not potential gain.
Exactly.
Jul 9th 2015, 8:47 am
#35
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Joined: Feb 2013
Posts: 6,148
Re: Will we look back in time, and say “we bought at the bottom in 2014”………
Property prices are all about location and there is a massive oversupply in parts of Spain. I cannot see these areas recovering for many years to come and in some cases not at all (low occupation urbanisations in undesirable locations).
Then there are the fluctuations of the currency market, so to buy at the bottom you also need to pick the point when the euro is near to its weakest rate.
Add to that buying costs (c13%) and the risks build up.
There are plenty of "bargains" but don't expect to make a killing any time soon.
Buy for lifestyle not potential gain.
Then there are the fluctuations of the currency market, so to buy at the bottom you also need to pick the point when the euro is near to its weakest rate.
Add to that buying costs (c13%) and the risks build up.
There are plenty of "bargains" but don't expect to make a killing any time soon.
Buy for lifestyle not potential gain.
). As long as British people keep buying in the same locations, we'll probably see prices increase a bit in those areas, but not too much.
Oct 23rd 2015, 1:00 pm
#36
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
I think we will you know…
Will we look back in time, and say “we bought at the bottom in 2014”………
Will we look back in time, and say “we bought at the bottom in 2014”………
Oct 23rd 2015, 2:35 pm
#37
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
Our place is offered at at 10K less than last year!
Oct 23rd 2015, 2:36 pm
#38
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
sit tight dont do it.
Oct 23rd 2015, 3:46 pm
#39
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Joined: Aug 2008
Location: On Top of the World
Posts: 17,507
Re: Will we look back in time, and say “we bought at the bottom in 2014”………
I wonder if anyone will ever by these monstocities ?
Millions of Old Tyres are Dumped Near Empty Apartment Blocks in Spanish Ghost Town
Could be useful for housing the migrants I suppose, if even they would want to live there.
Millions of Old Tyres are Dumped Near Empty Apartment Blocks in Spanish Ghost Town
Could be useful for housing the migrants I suppose, if even they would want to live there.
Oct 23rd 2015, 3:50 pm
#40
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
I wonder if anyone will ever by these monstocities ?
Millions of Old Tyres are Dumped Near Empty Apartment Blocks in Spanish Ghost Town
Could be useful for housing the migrants I suppose, if even they would want to live there.
Millions of Old Tyres are Dumped Near Empty Apartment Blocks in Spanish Ghost Town
Could be useful for housing the migrants I suppose, if even they would want to live there.
Oct 23rd 2015, 4:20 pm
#41
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Joined: Feb 2011
Posts: 264
Re: Will we look back in time, and say “we bought at the bottom in 2014”………
After four months this subject has been given some airtime again. Nothing has changed in these four months, but perhaps by the end of March the property market in Spain for well located properties will have jumped slightly more. One thing is certain the badly located properties haven't moved an inch forward in price and perhaps are still economically receding?
The £Stg is performing well against the €. Europe is emerging from recession although very slowly. The more health colour is back in Spain again after a grey cancer of recession. People who bought in the likes of Turkey etc have been badly affected and will never see a return on their purchases. However, Spain is that bit more confident and by the end of March things will have looked up more favourably.
The £Stg is performing well against the €. Europe is emerging from recession although very slowly. The more health colour is back in Spain again after a grey cancer of recession. People who bought in the likes of Turkey etc have been badly affected and will never see a return on their purchases. However, Spain is that bit more confident and by the end of March things will have looked up more favourably.
Oct 24th 2015, 6:42 am
#42
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Location: Madrid
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
According to a recent FT report, the areas in Spain where prices are now rising fast are Madrid, Valencia and Barcelona. Other places are not doing so well. The bottom in 2014? According to the FT report the bottom was actually 2013..
FT: Spain’s property market rallies in Barcelona, Madrid and Valencia -
FT: Spain’s property market rallies in Barcelona, Madrid and Valencia -
Oct 26th 2015, 9:24 am
#43
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
damn it, I should have moved quicker as i missed the bottom but fairly happy with my purchase. Getting roof terrasce put on in December well excited.
Oct 27th 2015, 7:11 am
#44
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Re: Will we look back in time, and say “we bought at the bottom in 2014”………
Hi Y´all
I can only speak for my region what is the area around Valencia (50 km radius)
While in 2013 the most house sold were in the below 150.000 € margin,
in 2014 the most house sold were in the below 125.000 € margin.
In 2015 there was a big boost from British buyers due to the week €.
The market of bargains below 100.000 € is swept clear and the prices of these houses has risen between 10 to 20 %.
This is my finding for checking most publications on a daily base since several years and after speaking to my real estate agent who confirmed my data also after physically looking at the interesting offers myself.
I only concentrate on houses with ca 1000 m2 min, 3 bedrooms min, and 100 m2 min. Houses with water and power from the regular net and a swimming pool.
So for this house type in this region the market hit bottom winter 2014/2015 and has risen in 8 months around 15%.
I can only speak for my region what is the area around Valencia (50 km radius)
While in 2013 the most house sold were in the below 150.000 € margin,
in 2014 the most house sold were in the below 125.000 € margin.
In 2015 there was a big boost from British buyers due to the week €.
The market of bargains below 100.000 € is swept clear and the prices of these houses has risen between 10 to 20 %.
This is my finding for checking most publications on a daily base since several years and after speaking to my real estate agent who confirmed my data also after physically looking at the interesting offers myself.
I only concentrate on houses with ca 1000 m2 min, 3 bedrooms min, and 100 m2 min. Houses with water and power from the regular net and a swimming pool.
So for this house type in this region the market hit bottom winter 2014/2015 and has risen in 8 months around 15%.
Oct 27th 2015, 7:42 am
#45
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Joined: Mar 2007
Location: Costa Valencia
Posts: 14,800
Re: Will we look back in time, and say “we bought at the bottom in 2014”………
Hi Y´all
I can only speak for my region what is the area around Valencia (50 km radius)
While in 2013 the most house sold were in the below 150.000 € margin,
in 2014 the most house sold were in the below 125.000 € margin.
In 2015 there was a big boost from British buyers due to the week €.
The market of bargains below 100.000 € is swept clear and the prices of these houses has risen between 10 to 20 %.
This is my finding for checking most publications on a daily base since several years and after speaking to my real estate agent who confirmed my data also after physically looking at the interesting offers myself.
I only concentrate on houses with ca 1000 m2 min, 3 bedrooms min, and 100 m2 min. Houses with water and power from the regular net and a swimming pool.
So for this house type in this region the market hit bottom winter 2014/2015 and has risen in 8 months around 15%.
I can only speak for my region what is the area around Valencia (50 km radius)
While in 2013 the most house sold were in the below 150.000 € margin,
in 2014 the most house sold were in the below 125.000 € margin.
In 2015 there was a big boost from British buyers due to the week €.
The market of bargains below 100.000 € is swept clear and the prices of these houses has risen between 10 to 20 %.
This is my finding for checking most publications on a daily base since several years and after speaking to my real estate agent who confirmed my data also after physically looking at the interesting offers myself.
I only concentrate on houses with ca 1000 m2 min, 3 bedrooms min, and 100 m2 min. Houses with water and power from the regular net and a swimming pool.
So for this house type in this region the market hit bottom winter 2014/2015 and has risen in 8 months around 15%.
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