Our Camposol villa selection starts from only £50,000.
Residential property for sale in Camposol benefits from an excellent climate, golf course, medical facilities, many community services and 2 shopping centres. View our range of villas and townhouses for sale here
Our Camposol villa selection starts from only £50,000.
The town of Camposol is only 20 minutes drive to the Puerto de Mazarron beaches. It also has easy access to the motorway which will take you to the airport.
The style of properties found here range from large detached villas to the smaller terraced bungalows. There really is something for everyone no matter the budget.
The facilities include an 18 hole golf course with plenty of water to avoid and hills to roam. The clubhouse has changing facilities and a bar with excellent restaurant. Next to the golf club is a luxury hotel.
Various restaurants and bars are found here; from Indian to Bulgarian even a fish and chip shop. Bars with entertainment such as live shows and karaoke or sports bars.
Doctors and dentists, vets and opticians, pet shop, corner shop, DIY store and supermarket are all here. So come and find your new home.
Recent research has revealed that online estate agents offering low monthly up-front fees, without the guarantee of a sale at the end is not popular with Spanish property owners in Spain. Since Purple Bricks burst onto the British property scene in 2012, offering a new hybrid estate agency to rival their traditional High Street competitors, their low cost pay-upfront business model has been replicated around the world with varying degrees of success and failure.
Many of the early entrants to the market were simply dwarfed by the well financed senior rivals. Purple Bricks had a few years head-start and a lot of investors. Purple Bricks were seen as the original market disrupters. It was a complicated niche to infiltrate.
By 2015, even Purple Bricks were experiencing resistance to their pay-before-you-sell model. Property owners were not comfortable with this form of estate agency, preferring instead the traditional No Sale No Fee approach, even if that meant higher fees. Better to pay nothing for no results than £1500 with no guarantee of a sale.
Eventually, Purple Bricks had to rethink their original business model. The brand was established, but the profits and returns to investors were poor. Market survey after market survey churned out the same results – home owners were not comfortable with up-front payments.
With losses mounting around the world, Purple Bricks decided to offer the option of payment at the point of sale. This decision had profound effects, not just for PB, but also for the traditional High Street Estate Agents – large and small! Purple Bricks were now offering No Sale No Fee contracts that were fixed fees of around £2000, far less than the average High Street estate agent’s commissions, set between 1-2%. On the average property price of £280,000 that was a saving of £2,200 or 55% – and even greater on higher value properties.
For the traditional High Street Estate Agents to compete, they had to reduce their own fees and costs. This resulted in many closures, bankruptcies and redundancies. PB were quick to offer jobs to many of these newly unemployed sales negotiators expanding their coverage around the UK.
By 2015, Spanish property agents looked to replicate PB. It was an attractive proposition. Money upfront, no pressure to sell and in many cases, the option to earn more from charging for photography and adding the vendor’s property to their own website. Further extra charges for premium property portal marketing and assisted viewings. By the time all of these add-ons were calculated by property owners; it was obvious there were no savings to be made; in fact, paying upfront for all those costs, without the slightest hope of a viewing; let alone a sale was just too much of a risk.
The main beneficiary of the PB experiment in Spain has been the property seller. Just like in the UK, the traditional High Street Estate Agents have had to lower their commissions to compete. Over the past 5 years, average commissions charged have reduced by half, from 5% to 2.5% in highly competitive areas.
Over the next 3 years, those agents fees will reduce further and as a result, there will be fewer agents, job losses and bankruptcies.
Casas247.net has acknowledged where the Spanish property owners market is heading; which is why we can now offer 1% agent’s fees on a No Sale No Fee basis, with commissions payable on completion with no upfront fees or add-ons! We believe we are the first in our profession to provide this full estate agency service; with no hidden costs or catches.
When placing your property on the market in Spain, you need to consider the pros and cons that effect your property price. Like what features increase and decrease property value.
The Spanish property market is very different to the UK. Schools, transport and proximity to the workplace dominate UK property values. These features are relevant in the local Spanish property market too, but rarely apply to the foreign buyer’s market. That’s because most foreign property owners and buyers are looking for a holiday home or to drop out and take it easy and enjoy the good life in the sun. So what features increase and decrease property value?
Rarely do Spanish people buy homes on urbanisations designed for leisure or choose country properties as their main home. Instead, they look for practical, low cost family housing, close to major towns or cities, virtually the exact opposite of what foreign buyers regard as a dream Spanish home. So what features increase and decrease property value?
The local Spanish property market also has a different age demographic compared to overseas buyers. Young families and professionals from 25-55 are the main drivers of the internal property market. Conversely, the overseas, foreign buyer’s market largely comprises of buyers between 50-70 years of age with higher, northern European budgets.
The property you currently reside in, here in Spain, will rarely appeal to the average Spanish buyer. In effect excluding around 97% of the total Spanish property buying market. The overseas property market is usually around 20-30% more expensive than the local equivalent. This is an important fact to consider when first putting your property on the market.
Will my Property Appeal
So the first question to ask yourself is: “will my property appeal to local Spanish buyers, or be better promoted to foreign buyers?”. If you aim at the local market, you will have to accept your price will need to be competitive and lower than expected. If you are targeting overseas buyers, it will have to appeal to those looking for the typical Spanish dream location, rather than a practical town or city area.
The most popular locations for the lucrative, overseas buyer’s market are as follows;
Coastal apartments and villas.
Golf & leisure resorts.
Urbanisations close to coast/airports.
Country homes with views.
Cheap renovation projects/bank repos.
Properties in attractive villages/hamlets.
The least popular property features include;
Properties with poor access/long dusty tracks.
Properties in agricultural town locations.
Cluttered and poorly maintained homes.
Unattractive, poorly designed homes.
It’s important to consider the pros and cons of your property above before contacting an estate agent. Be realistic, be objective about your property before deciding your sale price. Do some research on the internet and compare properties similar to yours. Some estate agents will take your property on at any price, but only a professional estate agent with an understanding of true property values will sell it.
Property owners in the region of Murcia have reacted positively to the launch of Casas247.net –
A brand new Spanish Property marketing platform that offers vendors ultra low cost fees for selling their Murcia property.
Traditional Spanish Property Agents tend to charge between 2.5 – 5% commission on the average property sale. Often, there are several clauses in their contracts; so what looks like 2.5% is more likely to be 5% when you see the terms and conditions.
For example, the agent may require your property to be “exclusive” to them for a long period; this means you cannot get maximum exposure with several agents at the same time. Further scrutiny will reveal that you are required to use their own legal advisors who will charge a lot more than if you choose your own lawyer.
Estate agents can also require you to use their preferred currency company. This can give you sub-optimal exchange rates because they are paying the agent a commission.
At Casas247.net there are no hidden fees or catches. We provide a full estate agency service, which includes everything for just 1% commission; payable on the completion of your property sale at the notary.