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Costa del Sol - A Buyer's market. Bargain Properties recently sourced and sold.
If you wish to purchase a dream home in Spain, now is a very good time to do so if and only if you make an informed and sensible purchase. You should certainly be thinking of paying around 20% less than the going rate. The following properties show the savings that can be made in today's Buyer's Market.
Given the current market conditions, Garratt Homes, through our local contacts and knowledge, specialises in finding the ‘distressed’ or cheap properties which come up for sale and sell very quickly.
As you look through the bargains below you will see examples of properties that sold very shortly after coming onto the market.
Most of the real bargains never make it onto the web pages and search engines. The properties that are marketed as such on the Internet are not what we consider, with our local knowledge and experience, to be real bargains.
If you think you would like a home in Spain if you could find a real bargain then let us know what you are looking for by filling in the form at the bottom of the page. Tell us how much you are prepared to pay and we will find it for you at the real market price.
Alternatively, click here to see our featured property bargain of the month.
Apartment Royal Flamingos. 19% OFF
Normal Price 395,000€. Sold for 319,000€.
Property purchased off-plan for 345,000€ + costs in 2004.
Marbella Townhouse. 21% OFF
Normal Price 465,000€. Sold for 365,000€.
Garratt Homes' local Spanish knowledge translated into 100,000€ off this quality Marbella Home.
Bargain Villa in Benalmadena.
Originally priced for quick sale at 875,000€. Sold for 815,000€.
Property sold after less than 2 weeks on the market.
Apartment Casares Del Sol. 20% OFF
Normal Price 265,000€. Sold for 210,000€.
Property purchased off-plan for 240,000€ + costs in 2004.
Fuengirola Townhouse. 18% OFF
Normal Price 385,000€. Sold for 315,000€.
Sold in three days.
Apartment Finca San Antonio. Mijas. 20% OFF
Developer's Price 396,000€. Sold for 315,000€.
Bank Valuation 404,000€.
Finca Monda. 19% OFF
Normal Price 324,000€. Sold for 262,500€.
The right property found for clients who had been searching for over a year.
Don't forget....
Most of the real bargains never make it onto the web pages and search engines. Let us know what you are looking for, how much you are prepared to pay and we will do the rest.
Against the trend of bad news in the financial markets, the Euribor fell again to 4.381% (22.01.08). This is well below the rate at the end of 2007 where the rate had spiked to 4.79%.28/01/2008
Despite starting the year well with property prices rising in all Spanish regions,2007 has ended in December with prices 0.28% below where they started in January. According to Facilisimo.com, the region of La Rioja has been the worst affected, dropping 11.08% to 2159€/m2 , Madrid and Barcelona haven't avoided the falls dropping 2.38% to 3479€/m2 and 3.05% to 3777€/m2 respectively. 05/01/2008
The Euribor, the Central European Bank's base lending rate, is set to close the month of November at 4.60%.29/11/2007
Situated in the prestigeous Marbella location of Cabopino, these high quality south facing residences boast fantastic sea views. Golf lovers can also choose south west facing homes overlooking Cabopino Golf (Par 71). Standard prices are from 450,000€ - 515,000€. Until the end of November, these marvellous luxury homes can be purchased for 350,000€ - 415,000€. 06/09/2007
The Euribor, the Central European Bank's base lending rate, is set to close the month of October at 4.65%.12/07/2007
Resale property prices have fallen for the third consecutive month in thirteen Spanish regions including the province of Malaga.12/07/2007
The Deutsche Bank have issued a report on the Spanish economy entitled Spain 2020, the success story continues.12/07/2007
Fantastic new property investment just released in the Dominican Republic. This product, previously only available to the Spanish investment market is now available through Garratt Homes.12/07/2007