Property Specials Update

A couple of updates:

ID 496 Villamartin Bank Repossession at 57,900€ is now sold.

Only 6 days remaining for ID737 August Only Special. Property in La Zenia, only 101,000€ 3 Bedroom Semi Detached.

See the new website for full details and teh best selection of Spanish Property at the best prices.

New Website Launched

We have pleasure in announcing the Launch of the New Look 4salebyowner-spain.com Website. We have made some serious modifications and welcome any feedback - good or bad?
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August Bank Reductions

Reduced Price For August Only   We are please to offer the following bargain properties direct from the bank, which have been reduced for one month only. Both properties offer fantastic value, so if you are coming to Spain this month and would like to view either of these two properties please email us or contact us to make an appointment. At these prices we are expecting them to sell very quickly.   La Zenia, Amapolas, 3 Bedrooms, 3 Bathrooms Semi Detached. Was 121,100€ now only 101,000€     Semi-detached property in La Zenia with a huge separate underbuild/garage. The house is set within a enclosed community with a very nice communal pool area. The property comprises a lounge/dining room with separate kitchen. From the kitchen you have a door leading out to the back patio and a separate utility room with toilet and shower. From the lounge you have a set of stairs taking you to the first floor where you will find two double bedrooms both with patio doors leading out onto a veranda and in the centre a family size bathroom with his and hers sinks and jacuzzi bath. On the top floor there is a large master bedroom with en´suite bathroom and patio doors leading out onto a large private south facing balcony. The property is within easy access to all the local amenities and only a 10 minute walk away from the blue flag beaches of La Zenia.     Dehesa de Campoamor, 2 Bedrooms, 1 Bathroom Apartment. Was 92,900 now only 79,000€     Ground floor apartment only 5 minutes walk to the wonderful beach and marina at Campoamor.       We appreciate that you might not be in the position to take advantage of these incredible prices this month. If however you would like to be kept updated for future promotional offers, why not sign up for to be first to know about price reductions and special offers. It only takes a few minutes and after that you can sit back and recieve automatic updates as soon as we get them. Saving you time and potentially 1000's of Euros as well.

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EL REAL DE LA DEHESA Townhouse Summer Special

This Weeks Summer Specials Fantastic value this 2 bed apartment must sell quick, only 63000€ or something a little different: Click to register your interest in either of these limited time offers

Market Trend

This month we thought we would report on how the property market is going now we are half way through the year. It would appear absolute bargains are becoming thin on the ground.

Compared to prices two years ago nearly everything in Spain is at a bargain price but recent months have seen buyers being able to achieve incredible bargains for themselves, with the region of Alicante proving especially popular. 

The number of sales reported are up month on month compared to last year but recently a lot of estate agents are finding it more and more difficult to find properties which meet their clients perception of what they are prepared to pay. More and more sellers are deciding not to take the offers made and are letting the buyers go home empty handed. It would appear at first glance that the sellers are saying enough is enough.

So what does this actually mean and why is this happening? The first reason could be that most of the desparate sellers have actually sold. The banks have repossessed most of the holiday homes they are going to and have thousands of overpriced properties on their books. It takes the banks 6 months from repossessing a property to getting it on the market. During this period, sellers who where not in financial difficulty but wanted to sell for other reasons have already sold. Probably less than 5% of bank repossessions reflect a real bargain. You can put us to the test and 95 times out of 100 will be able to find a similar property in better condition for less.

The second reason is probably the strength of Sterling compared to the Euro, with Sterling reaching its highest level for 19 months.Those sellers returning to the UK will go back with far less than in previous months, they simply can not afford to drop the price anymore. So does this mean it is the end of finding an absolute bargain? We do not think so but maybe a little more thought will be necessary when offers are made. At the time of writing this it only requires 82,318 pounds sterling to buy 100,000€ where by in January it would have been more like 95,000 pounds, a difference of 12,682 pounds.

We are doing everything we can to source fantastic value for money properties and fortunately we still are. The only problem is that these properties are selling quickly, often within hours of a major price reduction. What we propose to do, is keep sending you details of these properties on a regular basis just incase you are in a position to take advantage. We are shortly to announce our latest feature "MY 4SBO" making it even easier for you to recieve alerts of new properties, special offers and price reductions. this will be communicated in our next newsletter and we hope you will take advantage of this simple way to be kept updated. In the meantime if you know what you are looking for and when you plan to come to Spain, let us know your requirements  contact us  and we will make every effort possible to find what you are looking for.

Thank you

From the team at 4salebyowner-spain.com

This Weeks Spanish Property Star Buy

 

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