29 Oct 2016 3:31 PM:
Thank you inspectahome. You previously already confirmed what I've said but once again I agree with you. I have never said that you should cost a property on size I just stated that agents quote the sizes. Then WB came on and said no one he knew quoted sizes. Yes of course, like yourself they all do and it makes sense so you can see clearly if you're going to waste time looking at a place with a hectare field when you are looking to downsize and sack the gardener or vice versa...the small villas you've mentioned certainly make sense as a lock up and leave alternative to an apartment. I should imagine they'd give a better return if you were to rent them out when you're not there. My kids want 4 things on holiday in this order, pool, tennis court, nearby beach and...a good restaurant.
Thread: Upturn in Spanish property sales?
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29 Oct 2016 12:10 PM:
Oh dear Woodbug, that's two of my posts you just spouted back to without reading. Or are you simply not comprehending what Ive written? Can I suggest you read again but slower. Maybe you didn't read the other reply from the agent who stated categorically what we all know, every agent in Spain who is not a cowboy fool quotes the square metres of the property, the terraces and THE LAND. As I CLEARLY STATED I was simply pointing out that with a new property you must expect smaller plot sizes and also build sizes. This isn't a new phenomenon. I remember when I built my first pair of semis in 1976 the first couple to view said they were beautiful but "like shoe boxes" compared to their Edwardian terrace down the road.
Thread: Upturn in Spanish property sales?
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26 Oct 2016 4:15 PM:
Woodbug. You are living in a different world to me. I am literally looking at a real estate site right now (I'm in Singapore) EVERY single advert states the sq.M and you know even the report I read in Spain last month stated average sq M costs and compared them to previous years BUT AS I CLEARLY STATED this is only part of my argument against my friend's buying decision as his decision is based on hoping for fx changes which may not come about. Did you even read my post?
Thread: Upturn in Spanish property sales?
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26 Oct 2016 3:09 PM:
Woodbug. I'm talking about a 1,200M plot v 800M plot and a 280 sqM property v a 230sqM property. And the landscaping is really nice. You can easily spend 35k on landscaping. Also anyone buying a property from Auckland to Vancover costs on the sq M or foot or as per my own company, Riverside Properties Pty, in Melbourne in Squares. I've never sold a property in the last 25 years where people haven't asked the build size, the terrace size and the plot size.
Thread: Upturn in Spanish property sales?
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26 Oct 2016 12:47 PM:
Destry, You hit the nail on the head. people are battoning down the hatches for a while but at the right price there are buyers of all nationalities including Brits. Especially if they are on the Public Employee Gravy Train, they have no worries.
I know someone who found a nice villa (I liked it myself but I'm sitting tight) but then has plumped for a new build villa because he thinks the pound will recover by the time it's built.....hmm, I've been trading currencies for 35 years and all I can guarantee is NO ONE I've ever known has other than wild guesses at currencies including those on 2 million a year salaries. Yes if Jim Rogers and george Sorros get together and short anything it will bomb for a while but generally the markets are unpredictable - other than the one constant, they do not like uncertainty.
I also thought about my friend's situation and the cost per square metre is way more than the 12 year old immaculate villa he liked - who knows, maybe Thursday will see a drop in the Euro and the start of another banking crisis!! Shares in the oldest bank in the World (Monte dei Paschi di Siena) and germany's two biggest banks already read like a dodgy fair ground roller coaster ride.
Talking of graps I think looking at property price graphs around the whole of Spain the average price now is the same as it was in 2005. Or to anyone buying in Yankee or Singapore dollars now at a huge discount, or in pounds now considerably more expensive! Itt's however you want to look at it, is the glass half full?
to anyone selling I hope you find a buyer, to those wishing to buy I hope you find somewhere perfect for you. And to those of you who have just signed a new 12 month lease at a reasonable rent and already hedged your Euros for the next 12 months, well done!
Thread: Upturn in Spanish property sales?
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