What is an acceptable percentage to take off a property asking price when making an offer!! - Page 3

Milloy007....Whatever yre told, its still a buyers market; there are too many properties for sale for it not to be. 

1. You can test this; go on to ‘Kyero’ or a similar portal/site and put a search in for either/or Alicante or Murcia regions and see how many properties come up for sale. Some of that info may not have been updated but still its a lot of properties. So, huge supply basically, of all kinds and budgets.

2. Do the same with the sites the Spanish use; ‘Fotocasa’ and ‘Idealista’. You’ll see so so many properties for sale. Fotocasa particularly dates its listings which can also be useful.

3. Many agents advertise their properties on Zoopla, Rightmove, Aplaceinthesun etc. Zoopla especially, also dates its listings which cam be useful. Youll see properties there which were first listed a very long time ago. Some have been sold and not updated but you can double check that after on the agents site.

All this may help you (other than asking the agent or owner, who may or may not be forthright about how long for sale), to know how long its been for sale, and hence how to pitch your offer. Equally though if something has been for sale a long time you need to ask yourself (or the agent/owner!) why!

Bowl low and see what happens; you can always go up!

It amazes me when I read this forum Camposol is one of the cheapest places in Spain to buy a property ...the equivalent property with the amenities on offer is 2/3 times more expensive in the likes of Torrevieja and so on and still you get people trying to get a reduction of 20% on the asking price of €139,000 on  a luxury detached Villa 3 bed 3 bathroom with 10x8 pool fully furnished all white goods including a 55" tv ready to move in just hang your towel up and away you go .

1. Why not still try for a reduction in a Buyers market?

2. They arent cheap coz the seller or agent are being altruistic; theyre cheap for a reason!!

So what's the reason for them being cheap .

So what's the reason for them being cheap .

So what's the reason for them being cheap .

So what's the reason for them being cheap ...same sunshine / same people...as any other place on the Costa's.

There are many reasons why, and its well documented..... actually in these very forums, but also in lots of online info, so you dont need me to exemplify why, and I guess you already doubt it anyway so it would be a pointless exercise on my part.

 But above all that, common sense has to prevail; theres no such thing as a free lunch; we all know that. So if Camposol properties are significantly cheaper in the property market, then theres reasons for that which are acknowledged and understood by that market irrespective of the views of the likes of me and you.

 Estate agents dont price em cheaper for the hell of it. To contest that this is the case, is a bit like contesting why a Skoda is cheaper than a Bentley! This is out there as a property market fact,whether you or I like it or not.

All this so called well documented history of Camposol is in passed..Masa the Builders got tossed of the site 3 years back ...all the empty properties have been sold ..the 5 star hotel is set to reopen the site is very well kept so I really don't know what you are on about.

Well if you dont know what ‘Im on about’ theres nothing else for us to discuss then. I guess me and the property market valuations are all wrong or misguided, or totally out of step with your view of it, so dont worry about it!