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Signs of recovery in Marbella and the Costa del Sol
Posted 08/12/2009I am following the news about the signs of the real estate market’s recovery in other countries and I confirm that in general they come from industry professionals.
Some of our clients – when we mention the news- are sceptical and believe the news are propaganda. Maybe they are in some cases. But we wanted to comment what we, at DM Properties have been observing over the past months since February:
The 4 months prior to March were months of a lot of activity in terms of the number of enquiries and visits to a property. Results: none or few according to our experience and that of some of the colleagues which we have consulted and who we think are more trustworthy and which are those with a longer trajectory in the real estate business.
Since March and during the following months, sales start to materialize in Marbella and adjacent municipalities, especially sales of apartments in a price range of 200,000 to 900,000 Euros and villas up to 2 million. The luxury market is still very quiet with few sales although in the last 2 months there is an increasing number of viewings in this segment.
¿What it is selling and how to sell your property in Marbella faster?
Property owners often ask us what is selling and what must be done to sell their property faster as in many cases, they are in a hurry, be it for economical reasons or simply because they have other plans and projects and need to dispose of their property.
We can summarize the elements which make a property sell faster than others ...
Read the full article: Possible Signs of recovery in Marbella and the Costa del Sol by Diana Morales.
También en español en Reactivación del mercado inmobiliario en Marbella y La Costa del Sol.