| The reality is that this particular market has been hit | | | | choice from 750,000 to 25M to beach front to |
| a lot less hard than the press and the doom mongers | | | | fabulous inland castle style fincas. Also once you start |
| would have you believe but overall the biggest | | | | getting past the 2M mark it is much harder to get |
| problem is finding an agent who can bring buyers and | | | | the same discounts that you can get on the cheaper |
| sellers together to make a Mallorca Villa property deal | | | | properties. |
| actually happen. | | | | So what type of discounts is realistically achievable in |
| There is a lot of talk about distressed sales in | | | | the current Mallorca property market? The reality is if |
| Mallorca but the reality is the people who were really | | | | you find a willing seller who has priced his property to |
| distressed have already sold and now the sellers who | | | | sell you may get 25% off a 2008 valuation i.e. after |
| are left are not so desperate to sell which is fully | | | | the market crashed but again it's more a question of |
| understandable however up to the 2M Euro mark it is | | | | knowing what is value for money and what sellers |
| still possible to find realistic sellers rather than those | | | | are being realistic in this market. |
| who have just put their prices up because they | | | | If you're interested in buying a Mallorca Villa I would |
| know that some buyer is going to make a ridiculous | | | | strongly recommend you choose and agent that you |
| offer and are hoping that if they increase the price | | | | can trust who has a proven track record of bringing |
| enough they may get an offer they can accept. This | | | | buyers and sellers together to make deals happen |
| is obviously not the best way forward and very | | | | and also know the best Mallorca bank repossessions |
| rarely helps the owner sell his property. | | | | and distressed sales in Spain. |
| Mallorca Villas offer a very wide range of style and | | | | |