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Bargain Property on the Costa del Sol

It seems that the real estate market on the Costa del Sol is reacting to the increasing demand of price reduced properties. As we could read in the recently published market study of the Spanish BBVA Bank, to sell the actual stock of properties in Spain the prices should decrease about 30% in total counted from the period of peak prices to the end of next year, being estimated the price decrease for 2010 about 8%. This means that the asking prices of a lot of properties in Spain are around 30 % over their real value due to the constant price increasing years ago. But we would like to point out that the estimations made are generally spoken and can vary for luxury properties and second homes.

The final asking price of a property depends on a lot of factors and in the end the owner has the final say, but if a property is more then one year on the market or respectively two years in this crisis times, the price is clearly too high.

Click here to read the BBVA market report (spanish)

We have compiled a few of our price reduced properties offered in our Web:

Wonderful apartment near by the beach

Wonderful apartment near by the beach

This wonderful apartment is located on a lovely, well maintained complex, with community garden and pool, close to the beach. There is an ample living…
€ 185.000

Beautiful  peaceful  apartment in La Mairena with mountain views

Beautiful peaceful apartment in La Mairena with mountain views

REDUCED FROM € 317.000 TO € 275.000! Set amongst the cork trees in the hills of La Mairena this beautifully presented apartment offers absolute p…
€ 275.000

New constructed apartment in the new Marina of Sotogrande

New constructed apartment in the new Marina of Sotogrande

This luminous and well distributed apartment is situated in one of the peninsulas of the new yachting harbour of Sotogrande. The apartment includes a …
€ 495.000

Splendid Penthouse with unbeatable sea views in Los Monteros

Splendid Penthouse with unbeatable sea views in Los Monteros

REDUCED FROM € 749.000 TO € 590.000! Enjoying a privileged hillside location on the eastern outskirts of Marbella, just 5 minutes from white sand…
€ 590.000

Villa in Sotogrande Alto with sea views and large garden

Villa in Sotogrande Alto with sea views and large garden

PRICE REDUCED! FROM 1.380.000 Euros. Beautiful and immaculate, south east facing villa in Sotogrande Alto. Beside ample bedrooms and bathrooms in the…
€ 950.000

Luxurious Beach Penthouse in Playa Esmeralda

Luxurious Beach Penthouse in Playa Esmeralda

PRICE REDUCED FROM 1.950.000 EUR ! This spectacular beach front penthouse is located in one of the most sought after complexes on the Golden Mile. The…
€ 1.535.000

Beautiful villa in Marbella West

Beautiful villa in Marbella West

This fantastic family home is situated in one of the highest demand areas in Marbella and is just minutes away from the Old Town. The Andalusian-style…
€ 1.980.000

Magnificent Villa in Marbella Golf Rio Real with large plot

Magnificent Villa in Marbella Golf Rio Real with large plot

REDUCED FROM € 8.900.000 TO €7.500.000! A property with such exceptional grounds in an excellent location in Marbella does not come on the market…
€ 7.500.000

For any inquiry please contact one of our Costa del Sol offices.

 
 

Published in Costa del Sol Property News |