Selling Property (I know it's not a good time but....)

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Bugsbunny
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Selling Property (I know it's not a good time but....)

Postby Bugsbunny » Mon Apr 08, 2013 3:00 pm

Hi folks,

I don't want to do it but I simply can't afford to keep the apartment I inherited from my parents and although it will break my heart, I have to (try to) sell :( . Could someone please tell me where I would even start and what costs are involved?

Thanks in advance,
Bugs :thumbup:

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Mowser
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Re: Selling Property (I know it's not a good time but....)

Postby Mowser » Mon Apr 08, 2013 5:47 pm

How about considering a long-term rent first until the market picks up?
Dave

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Re: Selling Property (I know it's not a good time but....)

Postby Bugsbunny » Mon Apr 08, 2013 6:19 pm

Hi Mowser,

It's certainly an idea but to be honest, I don't think it's for me. Appreciate your response though :thumbup:

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Re: Selling Property (I know it's not a good time but....)

Postby Chunky Monky » Mon Apr 08, 2013 6:26 pm

Isn't Miro trying to sell up? (could be wrong). He's in Torremolinos, I should think he'd know all about the local market.

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Re: Selling Property (I know it's not a good time but....)

Postby Miro » Mon Apr 08, 2013 11:19 pm

Yes. It's basically stuffed. The biggest problem is the negativity of the few remaining local estate agents. It's as if they've given up the will to live, but then they never really made any effort, they just rode the wave of the boom. I suspect those that survived the crash don't really need to work anyway.
All you can do is ask them to list it for you and hope. There's no cost to you until they find a buyer, then they typically charge 3 or 4% commission.
Don't worry about what people think, they don't do it very often

"Acquiring a dog may be the only opportunity a human ever has to choose a relative," Mordecai Siegal 1935-2010.

Bugsbunny
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Re: Selling Property (I know it's not a good time but....)

Postby Bugsbunny » Tue Apr 09, 2013 6:58 am

Hi Miro,

Are there any estate agents you could suggest please?

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Re: Selling Property (I know it's not a good time but....)

Postby barry » Tue Apr 09, 2013 7:06 am

Montes de Malaga, long estabished and trustworthy.

Bugsbunny
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Re: Selling Property (I know it's not a good time but....)

Postby Bugsbunny » Tue Apr 09, 2013 7:14 am

Thank you barry :)

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Re: Selling Property (I know it's not a good time but....)

Postby Miro » Tue Apr 09, 2013 6:47 pm

Sending you a PM, Bugs...
Don't worry about what people think, they don't do it very often

"Acquiring a dog may be the only opportunity a human ever has to choose a relative," Mordecai Siegal 1935-2010.

Bugsbunny
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Re: Selling Property (I know it's not a good time but....)

Postby Bugsbunny » Tue Apr 09, 2013 7:02 pm

Okey dokey Miro :)

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Re: Selling Property (I know it's not a good time but....)

Postby Aunty Val » Wed Apr 10, 2013 7:59 am

"long estabished and trustworthy" - one of those comments is true but not both.

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RichardCoeurdeLion
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Re: Selling Property (I know it's not a good time but....)

Postby RichardCoeurdeLion » Wed Apr 10, 2013 5:17 pm

Gissa clue Aunty.

If it's a bad time to sell, it must be a good time to buy. so why aren't hordes of northern europeans buying property in Spain. :crazy:

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Re: Selling Property (I know it's not a good time but....)

Postby Miro » Wed Apr 10, 2013 6:24 pm

Is it because the xenophobic fascists in the government are doing everything possible to discourage them? :shifty:
Don't worry about what people think, they don't do it very often

"Acquiring a dog may be the only opportunity a human ever has to choose a relative," Mordecai Siegal 1935-2010.

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Mowser
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Re: Selling Property (I know it's not a good time but....)

Postby Mowser » Wed Apr 10, 2013 6:33 pm

Miro wrote:Is it because the xenophobic fascists in the government are doing everything possible to discourage them? :shifty:
Don't beat about the bush Miro.
Dave

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Re: Selling Property (I know it's not a good time but....)

Postby Miro » Wed Apr 10, 2013 6:38 pm

It was just a question. Maybe it's because the weather has been crap lately.
Don't worry about what people think, they don't do it very often

"Acquiring a dog may be the only opportunity a human ever has to choose a relative," Mordecai Siegal 1935-2010.

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Re: Selling Property (I know it's not a good time but....)

Postby Chunky Monky » Wed Apr 10, 2013 6:38 pm

RichardCoeurdeLion wrote:Gissa clue Aunty.

If it's a bad time to sell, it must be a good time to buy. so why aren't hordes of northern europeans buying property in Spain. :crazy:
Because of an inconvenient thing called the recession

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Re: Selling Property (I know it's not a good time but....)

Postby anyroads » Thu Apr 11, 2013 11:29 am

"so why aren't hordes of northern europeans buying property in Spain"

They can simply wait....

and in 2/3 years pick it up at 25/30% lower.

anyroads

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Mowser
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Re: Selling Property (I know it's not a good time but....)

Postby Mowser » Thu Apr 11, 2013 12:09 pm

anyroads wrote:"so why aren't hordes of northern europeans buying property in Spain"

They can simply wait....

and in 2/3 years pick it up at 25/30% lower.

anyroads
Prices here have picked up. A house needing total renovation just sold for €120,000.
There was a "licencia de obra" passed at a cost of €150,000.
Total = €270,000 for a 60m2 floor area.
Dave

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Re: Selling Property (I know it's not a good time but....)

Postby ashtondav » Thu Apr 11, 2013 12:36 pm

Crikey!

Over €4,000 a metre :wtf:

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Mowser
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Re: Selling Property (I know it's not a good time but....)

Postby Mowser » Thu Apr 11, 2013 12:47 pm

ashtondav wrote:Crikey!

Over €4,000 a metre :wtf:
Mad. Brit buyer.
Dave


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