news date: Monday, May 30, 2005
Buy a Cheap Property in Marbella, Costa del Sol, Spain!
Do they exist is the question. After so many years of massive development and increase in prices, can you still buy a good, cheap property in Spain? Well, the answer is yes, if you are careful where and how you buy.
The market in Spain as whole is now a buyers market. Prices were artificially raised by greedy developers, sellers and real estate agents who all took more than their fair share of money in various fees etc, but you can now buy a fabulous property at a fantastic reduction thanks to Direct Auctions.
Direct Auctions, by closely monitoring current market conditions, recognized in early 2004 there would be an oversupply of properties on the market, and realized that by bringing prices down, a new mini-boom would re ignite the stagnant selling market.
Our strategy of valuing properties realistically and in accordance to location, style, type age and desirability, as well as keeping commissions to the lowest advertised in southern Spain, have started the trend of lower prices resulting in those properties are selling quickly
The buyers are out there, and there are many of them. There has never been a better time to buy on the Costa del Sol, with some great bargains and with banks still valuing highly, but with the prices lower, you can borrow a larger amount keeping cash in your pocket.
Direct Auctions can advise with all aspects of purchasing, from legal recommendations to advice on mortgages.
Contact Direct Auctions and buy that dream home now.
Tel (0034) 952 817 673 www.direct-auctions.com