Off-plan you want to off-load? Mortgage that’s killing you? Prices soaring? You just want to get out of there.
For some people the Spanish dream has turned into a nightmare. So what can you do about it?
We think you have a few options, and no doubt readers will tell us more:
1. Lower the price and sell (if you can)
2. Reduce all your outgoings and hold on till things settle
3. Ostrich Defence System – stick your head in the sand and hope you don’t get your ass kicked!
Related posts:
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- The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – Tip 4 4. Control the price at all times. In Spain, it...
- The Spanish Property Crisis – Pricing Your Property For Sale – Part 1 Placing your property for sale at the right price is...
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One glimmer of hope for those wishing to sell and return to the UK, is that the sterling – euro exchange rate is very favourable for clients repatriating money. Your Euros will now buy you more sterling when you come back. This may help you reduce your asking price to try and stimulate more interest.
It is not easy at the moment but there are some buyers out there attracted by the new lower prices. The property market in Moraira is not booming but by the same token it is not dead!
Recent Articles
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Review of Sell Your Spanish Property
There’s a great review of How To Sell Your Spanish Property in a Crisis on one of my favourite sites, Justin from Eye On Spain. He makes a great point, he says: “Whatever the reason for you wanting to sell your property in Spain, you really couldn’t have picked a worse time to do so, [...]
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The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – Tip 10
10. Remember ‘buyers are liars’.
Rarely will you, or even your Spanish estate agents, be told the truth by buyers – whether it is about their personal circumstances, their true likes and dislikes, their real budget or their actual readiness to buy. So, do not take seriously what buyers say when they are looking at [...] -
The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – Tip 9
9. Be relaxed and confident when a buyer comes to see your property. Do not over-sell your Spanish property to a potential buyer.
Normally, buyers have made up their minds, one way or another, within the first five minutes of seeing a property in Spain – and neither an estate agent nor yourself will be [...] -
The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – tIP 8
8. Never lose an opportunity to show your Spanish property to a potential buyer.
Sometimes, estate agents have little time to give advance warning of a viewing appointment. This can be extremely inconvenient – but always accommodate a viewing, even if your property is not in ‘tip top’ order or you are about to eat [...] -
The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – Tip 7
7. Be prepared to pay a high commission. In the current Spanish property crash, with Spanish property prices falling, many sellers understandably try to negotiate down the commission of Spanish estate agents. This is a mistake.
If you are desperate to sell, offer your Spanish estate agents a higher commission than is standard to ensure [...]
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