Well That Was a Hectic Week

Last week was hectic, back to the days when we had so many people visiting that there was no time to have a life outside of the business. So many things going on but in effect the following were interesting for the clients that came over, refurb projects in Valencia, villas around 250000 Euros outside Valencia by around 20 minutes and flats in and around Valencia at around the same price. Therefore we have started to upload more flats in the villages and firstly as you can see here we have some that we have got from my town La Pobla de Vallbona. New flats here with all amenities to hand in a very friendly little town are around 190-250000 Euros. The illustrations for this article range from 195 to 239 so have a look and get in touch and buy a place here.

(We also have villas, terraced houses and other stuff in and around La Pobla, which you can find just 18km away from Valencia to the North West but to finish off the article I thought a comparative in La Eliana might be apt. Lovely rustic style on a large plot with indoor swimming pool for a cool 1.2 million Euros. Check out the last photo)

Off Plan Mountain Flats

Teruel Exists! The people of Teruel like to remind everybody that their community exists as the central government seems to have spent years ignoring them. Motorways are now appearing, and even railways and the fast ones may soon make an appearance. Off the beaten track is the word. So why write about them here? Well Teruel has skiing in the winter, is cooler in the summer and is a rural dream activity holiday place. We have been approached by a friend who is developing a project there of seven flats to sell them for him. There are six flats available from 127000 to 151000 Euros of one and two bedrooms. The building will be finished by the summer, it is set in a lovely old village and will match the village as it will be a stone block. See the latest pictures as it moves along but here are the latest. If you are interested then send us a mail and we will get back to you. Just an hour away from Valencia.

The Curse of The EMails

If you have tried to get in touch over the weekend please send your mail again as the dreaded e- mail curse struck again. However we have now discovered why and this will make you laugh or cry depending on your affinity for technology.

We get spam, a lot of it and most of it is caught but now we have discovered why we keep getting problems with the email and it tends to be at the weekends. Every week our server purges the spam at the end of the week so that it is not left on the server. Everything that has been sent to any Valencia-property.com address is there. We should only get mail to existing mail addresses but for some reason we get other stuff too addressed to Mitch at vp etc... Now no Mitch has ever been seen in our offices! This goes into a folder which acts as a catch all I found today. Well it turns out that things didn't work at the weekend because the folder was full. We have had over 84000 spam e-mails in the last week. 84000!!! That is a few too many I think. So if you want to know anything about erectile dysfunction, cialis spelt in any number of different ways, the NatWest bank wanting me to send them my details, Viagra, Pfizer, or any other number of common spam mails then just send me a mail and I will respond to them for you so you too can try and beat my 84000 Spam mail messages in a week.

New Financing Option

Our sister company Devanio has just completed its first financing agreement. Check out our website at www.devanio.blogspot.com for details. If you have a property for sale and want to release some cash or if you are an investor looking for a safe haven for some money then read about how it is done on that page.

How to get ahead in selling your Spanish Property

The pound has flopped, dropped like a stone and left many Spanish property owners who wish to sell and repatriate their money in a strong negotiating position. What? I hear you say. How can the economic problems mean good news for me?

Currently the Spanish property market is very slow for Spanish buyers due to higher than usual interest rates, the price of properties versus the average income and the uncertainty surrounding the market. Therefore, if you are a British seller who will be repatriating your money into pounds, now is a great time to cut your price and still get the same amount of pounds out that you would have a month ago at a price 10% higher in Euros. The price cut will have two positive effects for differing buying groups.

The Spanish or European buyer who purchases in Euros and doesn’t have to think about the exchange rate will see your property at a lower price than competing properties being sold by non UK nationals who will not be repatriating their money. This might tempt them to visit and make offers.

The British buyer who has seen prices rise when doing their calculations by 10% will find that your property is not more expensive than it previously was. They may well be willing to go the extra mile to purchase their dream house in the sun.

So what are the risks? Well, it is perfectly possible that in the future the pound will go back up but as a 1% cut in interest rates in the UK is being talked about after the carnage on the stock exchanges yesterday don’t expect that to happen very soon, giving you a window of opportunity now to sell at a lower price. Secondly, someone may offer you even lower. It is currently a buyer’s market and this is going to happen anyway at the higher or lower price. However you will get more offers on the property at the lower price obviously and if you are doing a relocation to another property here in Spain then remember that you too can offer a lower amount and expect to see it accepted at the moment.

Bear this in mind when pricing your property and if you want to sell then look seriously at your asking price as you have a compeititive advantage there. This is particularly important in areas where all of the houses are similar in style and build, for example two bedroom flats bought off plan a couple of years ago. We do not handle many of these properties as they are more prevalent in Alicante and Murcia but if you want to see the price cuts we have in place then go to our January sales at www.valencia-property.com and have a look.