For a Free Subscription to this Newsletter Please Send me an Email or a SMS with your name and email address Para Subscribirse Gratuitamente a este Newsletter en Español mande un Email o un SMS con su nombre y correo electrónico Eralia Estates (Oficina ppal.) Los Patios de Santa María Golf, local 13—14 29604 MARBELLA Telf. (+34) 952 831200 email: [email protected]October 2014 Interested on real estate prices? Contact me for a free valuation of your property BENAHAVIS / MARBELLA HOW IS THE MARKET? ALFONSO’S REPORT ON: For additional info visit: www. alfonsolacruz .com September 2014 Sold in three months! Deals of the Month The prices in Marbella and Estepona. Any changes? When talking about Marbella, there is a general sense in the market that things are geing beer and it is true. There are more transactions going on as it can be seen on the official numbers chart aached and the potential buyers we are working with are more ready to buy. They are quite well informed about the market and a number of them are already mentioning that they know that the market is going to change soon and don’t want to lose the opportunity to buy at the boom. However, we have to be cautious. It still takes a lot of work to sell a property and, as can be seen on the chart, prices are not going up but down. Additionally, as commented on my previous newsleer, the stock of properties for sale or inventory is increasing so it will still push the prices down or maintain them on the stable levels we are seeing lately. On the other hand, and regarding exchange rates, the weakness of the euro has helped British and American buyers but seems that in the last weeks that is also changing and the debility of the Russian ruble and the Norwegian krone does no help either. I personally think that the market is showing signs of change but not as fast as all of us would have liked. The European macroeconomy and, in particular, the Spanish one are still not strong enough to shoot up the real estate market. Apartment in Los Almendros: Almost brand new two bed apartment, sea views: 249.000 € Townhouse in La Quinta: Ample spaces and five beds on first line golf: 432.000 € Azalea Beach - Spectacular townhouse The new price index was published by the Ministry of Housing last month for the second quarter of 2014 without major changes. The situation in Marbella and Estepona remains about the same than in previous periods: more or less stable with a slight down tendency in Marbella and still dropping with no stabilization tendency in Estepona. By Alfonso Lacruz Associate Agent (+34) 609 408 400 [email protected]www.alfonsolacruz.com
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
For a Free Subscription to this Newsletter Please Send me an Email or a SMS with your name and email address
Para Subscribirse Gratuitamente a este Newsletter en Español mande un Email o un SMS con su nombre y correo electrónico
Eralia Estates (Oficina ppal.) Los Patios de Santa María Golf, local 13—14 29604 MARBELLA Telf. (+34) 952 831200 email: [email protected]
October 2014
Interested on real estate prices?
Contact me for a free valuation of your property
BENAHAVIS / MARBELLA
HOW IS THE MARKET? ALFONSO’S REPORT ON:
For additional info visit:
www.alfonsolacruz .com
Sep
temb
er 2014
Sold in three months! Deals of the Month
The prices in Marbella and Estepona. Any changes?
When talking about Marbella,
there is a general sense in the
market that things are getting
better and it is true. There are
more transactions going on as
it can be seen on the official
numbers chart attached and
the potential buyers we are
working with are more ready
to buy. They are quite well
informed about the market
and a number of them are
already mentioning that they
know that the market is going
to change soon and don’t want
to lose the opportunity to buy
at the bottom. However, we
have to be cautious. It still
takes a lot of work to sell a
property and, as can be seen
on the chart, prices are not going up but down. Additionally, as commented on
my previous newsletter, the stock of properties for sale or inventory is increasing
so it will still push the prices down or maintain them on the stable levels we are
seeing lately.
On the other hand, and regarding exchange rates, the weakness of the euro has
helped British and American buyers but seems that in the last weeks that is also
changing and the debility of the Russian ruble and the Norwegian krone does no
help either.
I personally think that the market is showing signs of change but not as fast as all
of us would have liked. The European macroeconomy and, in particular, the
Spanish one are still not strong enough to shoot up the real estate market.
Apartment in Los Almendros: Almost brand
new two bed apartment, sea views: 249.000 €
Townhouse in La Quinta: Ample spaces and
five beds on first line golf: 432.000 €
Azalea Beach - Spectacular townhouse
The new price index was published by the Ministry of Housing last month for the
second quarter of 2014 without major changes. The situation in Marbella and
Estepona remains about the same than in previous periods: more or less stable with a
slight down tendency in Marbella and still dropping with no stabilization tendency