23 Apr 2008 1:42 PM:
Hi Folks,
I have a hardly used apartment in Almoradi, had it two years and now want shot as just not getting the use out of it i had imagined. It was supposed to be a short term 'try out' of Spain for me, but I already know it's not for me. Now I am of course coming to the realisation that I am going to lose a lot of money on this should I be able to sell it at all after a few enquiries with agents. I am just about to go out on Sunday and try and put it on the market, and have left it a bit late to make enquiries, I am just so depressed about it! But really I'm wondering if anyone out there has any recent information about trying to resell, and maybe the best way to go about it. Unfortunately I have no keyholder at the moment in Spain, so haven't really the option of putting it privately on a website as I have no one to show it for me should someone want to view - however, I will maybe try and sort this out while I'm over and see if I can find someone who actually is there all the time. I'm also wondering if anyone knows if it is better to use a big agent like MASA or someone, or whether I might have some luck with a local estage agent iin Almoradi? I'd love to hear from anyone with any recent knowledge of trying to resell, particularly in this part of the Costa Blanca. Also - what are the general views on whether the market will recover in time, or if now we have to face the realisation that there are far too many apartments and they are worth nothing unless right on the beach or some other great location? I know this is my view. it's ok if you are intending living there or at least a good part of the year, I don't suppose it matters too much. I've been told by an agent that the market is not expected now to even get to the bottom until end 2009!
I don't know whether to hang on in there paying out even more on keeping it going, or bale out and accept big loss!
Mojo, Belfast
Thread:
selling spanish property
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