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Some Tempting Price Drops Around At The Moment

Spanish Property NetworkAt the  Spanish Property Network we aim to promote good quality and good value properties via our network around Spain. However, even when a property is already good value, sometimes the owner decides to reduce it in price and it becomes extremely attractive to any buyer looking in that particular area and at that particular price.

Price drops happen for many reasons but usually it is because the owner needs to sell quickly and therefore uses the price as the tempter. As we have said before, and as recently reported by various media, property on the open market is often much better value than property owned by the banks. If you are a cash buyer, you have a much better chance of getting these properties as the bank is unlikely to give you a mortgage on a property that is not theirs and, even if they do, the conditions of the mortgage will not be the best.

So, here are a few bargains that were already well priced and have recently dropped in price…

First we have a huge seven bedroomed house in Olocau in the Valencia region. Reduced by the owners from 230,000 Euros to 190,000 Euros this 40k drop in price makes the property, which includes a huge pool, tennis court and outhouse with extra accommodation as well as a small orchard, obscenely good value. Originally priced at 250k so in total a 60k reduction in price.

Large Price Reduction on this Olocau House

Large Price Reduction on this Olocau House

Secondly an apartment in central Valencia reduced by 61,000 Euros. To just 199,000 Euros, not much for 157m2 of character property with five bedrooms, a large living/dining area and even a small rear terrace.

Reduction of 61,000 Euros on this Valencia Apartment

Reduction of 61,000 Euros on this Valencia Apartment

Next we have…

Maybe originally overpriced, (but hey that’s Marbella for you!), but now a bargain! REDUCED FROM €1,000,000 to €600,000!! Located on Marbella’s new Golden Mile and only a few minutes from glamorous Puerto Banus, this exceptional property features 5 en-suite bedrooms, “his n’ her” walk-in wardrobes, a bright and spacious living room with two separate entertaining areas, large fully-fitted kitchen with breakfast area, office, two laundry rooms, private pool, jacuzzi, two gym areas and parking for four cars.

Reduced by 400.000€ Marbella Villa

Reduced by 400.000€ Marbella Villa

And finally, a lovely property looking for new owners following a family bereavement! Originally well priced at 350.000 Euros, now reduced to only 295.000 Euros.  This large finca on one floor with 6 bedrooms, an unusually spacious living room and kitchen, private pool and land with fruit trees, is ideal for a large family or for a Bed & Breakfast business. Located in a peaceful, yet easily accessible location, less than 4km from the town of Alhaurin el Grande and within 25 minutes from Malaga and the beaches.

Malaga 6 bedroom, reduced to 295.000 Euros

Malaga 6 bedroom, reduced to 295.000 Euros

For more details of these properties, (which we know will sell quickly), and many more bargains around Spain,  just send us details of what you are looking for and we’ll find that ideal property for you …

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