Category: Buying Property Spain

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General and Property Update on Murcia Villas

murcia villas for sale in puerto de mazarron

Murcia, Spain: June 2022 – By Casas247.net

Murcia Villas is the highest searched phrase that our website is coming across; so it makes sense to add a blog to capture those buyers using that search phrase. To see plenty of Murcia Villas just look at our available properties from the home page at casas247.net.

June has been a good month for property sales in the Murcia region. We have another 2 viewings booked in for the feature photo villa and expect this beauty to be snapped up.

Get in touch with casas247.net to view any of our apartments or villas, bungalows and townhouses situated throughout Murcia.

Today is Dia de San Pedro a national festival her in Spain. It is actually the feast of Saint Peter and Saint Paul. The date is said to be the anniversary of their deaths or when their relics were transferred.

Weather

We have had a heatwave at the beginning of the month. Temperatures in the mid 30s which is high for this time of year. This week has been more in keeping at a nice 26 to 29 degrees. July weather is forecast to be hot starting at 30 degrees and going up from there. Luckily a lot of the Murcia Villas have air conditioning to help combat the heat.

Sport

I live in the Puerto de Mazarron and I am very pleased to report that; Los Benjamines CD Puerto were Spanish runners up. Continuing in Sports news, Carlos Alcaraz, from Murcia, has just won his 1st round draw at Wimbledon tennis against Jan Struff of Germany, so congratulations to him.

General

Here in the Puerto de Mazarron we had the opening of the new KFC, which joins McDonalds and Burger King. As a result, the area is growing which is showing in the increase in prices of the Murcia villas.

The chiringuito (beach bars) are in full swing, not just providing refreshments but also entertainment on the weekend evenings.

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What Features Increase And Decrease Property Value In Spain?

What Features Increase And Decrease Property Value In Spain?

Murcia, Spain: October 2020 – By Casas247.

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;

  1. Coastal apartments and villas.
  2. Golf & leisure resorts.
  3. Urbanisations close to coast/airports.
  4. Country homes with views.
  5. Cheap renovation projects/bank repos.
  6. Properties in attractive villages/hamlets.

The least popular property features include;

  1. Over-priced property.
  2. Isolated homes.
  3. Properties with poor access/long dusty tracks.
  4. Properties in agricultural town locations.
  5. Cluttered and poorly maintained homes.
  6. 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.