Firstly, when looking to buy any property around the world you need to be aware of the market. Being aware of the market and where it’s heading will provide you with many great advantages. This will ensure you have the best chance possible of securing a bargain.
The overall housing market in Spain has dipped quite heavily in the past few years. This is mainly due to the debts that people owe in the country because of the 20% unemployment rate. This unemployment rate means many people cannot pay off the mortgage for the house which leads to it becoming repossessed by the bank (mortgagee). This leaves a lot of repossessed property on the market for purchase at
the best prices possible.
To say now is a great time to buy a property in Marbella is understated. House prices have dropped by an average of 25% over the past four years and are bound to be back up in a few years time. This provides you with a great opportunity to get in on the action and go house hunting.
To make the task easier in finding a cheap repossessed property in Marbella you should be willing to do your research on not only the price but the estate agent. Going through a reputable estate agent will ensure everything goes to plan as smoothly as possible.
Alta Vista Spain is a company that is known to provide top quality service. They were named best estate agent by Overseas Property Professional this year (2011). This was based on criteria including customer service and transparency. Finding the best property starts with finding one of the best estate agents.
Alta Vista Property Spain can help you achieve many different things such as advice on the location, price, property and time. All these are vital aspects even when it comes to choosing a property that has been repossessed by the bank. You want to ensure that you’re getting the most value for money possible. In the end, find out what you want, tell Alta Vista Spain and see what happens. If you do everything right, you could be coming out with a bargain property in Marbella for an excellent price in no time.
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Alta Vista Spain is a real estate company in Marbella on the Costa del Sol, Spain. Michael Liggan is a driving force and our chief property bargain hunter.