RossTrevor wrote on Thu Jul 7, 2022 5:02pm:
Hi there,
Bahia is the relatively newer development in the port. Depending where you are, it can be pretty quiet in winter but buzzing in summer. Quite a few of the bars a little further from the port don't open and I think the Farmacia closes for winter too. But it's a great location by the beach and not ...
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...far into to town. Bahia literally means 'bay'.
There could be number of reasons why there are reasonable properties coming on the market.
1) Tis the season. Coming into holiday time a lot of Spanish owners may want to try and sell after sprucing the place up. 2020 was a wash out and last year wasn't the best year for the Port. (And some of those might be bank repossessions.) Running costs for holiday homes (as with all household bills) are going up too.
2) Property market hasn't been particularly bouyant for a few years in general. See above. Some corners of Bahia look a bit shabby too having maybe not had the attention they need since 2020. But I'm sure it will perk up.
3) Some blocks have had troubles with squatters/occupas. And by law the evictions process has been suspended since 2020 (I think it comes back in Sept this year.) Some have had to spend extra money on security measures to repel intruders. Most private holidayhouses are protected by a security service too. So doublecheck carefully on that with agents. Bahia isn't the worst place for this fwiw. Up by Lidl etc has probably got worse problems. Camposol isn't immune either.
4) Or it could be something else entirely!
Best,
Ross.
Thank you again.