Still Huge Interest for Spanish Property in Marbella
Added: (Fri Jul 03 2009)
Pressbox (Press Release) -
There is still a very healthy interest in Marbella property with enquiry levels on the increase but in reality it is the decisive decision making Investors who are picking up the Spanish property bargains as your average interested home buyer is still sitting on the fence wondering if the property market has hit the bottom. That is the outcome of a recent review of all Marbella property enquiries carried out by the Spanish property experts, Spanish Hot Properties. “We have never had so much fantastically priced product with apartments at 50% of 2007 list price and Villas Half price but in reality your average house buyer cant bring themselves to take the plunge and on the other hand we have investors who are prepared to buy over the phone without even viewing the property because the numbers stack up” explained Nick Stuart Managing Director of Spanish Hot Properties.
One of the contributing factors to Investors moving back into the market is for the first time in a very long time in Spain its now cheaper to buy than rent and that is a major factor why the investors have decided to come back into the market. According to Nick “its only a matter of time for the best units to be taken off the market but our Investors are Savvy enough to know that the market wont pick up overnight but most of them are taking a 3 year view and more importantly they are buying at such a good price should the market drop further they will be fully protected. Unfortunately our individual buyers are much more wary and as a company we are working very hard with these customer but in reality very few will ever buy no matter what the price is and that is the reality of the situation and a very sad one but you can only take the horse to water” confirmed Nick.
So what is the immediate future for property in Marbella “Overall its very positive for the people who are now in a position to buy with good deals out there for the rest of the year but if the best deals have already gone is anybody’s guess” said Nick
Anyone wishing to find more about Spanish property in Marbella from Spanish Hot Properties should either call us or email Spanish Hot Properties.
HQ Mailing Address:
Spanish Hot Properties SL
Gerald Brennan 46
Alhaurin El Grande 29120
Malaga
Espana
CONTACT VIA TELEPHONE
UK: 0207 558 8355
International: 0034 952 588 910
Email; info@spanishhotrpoperties.com
Website: http://www.spanishhotproperties.com/Spain/Andalucia/Costa_Del_Sol/Marbella/1/index.htm