Category: Spanish Property Sales

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General and Property Update on Property For Sale in Murcia

Property For Sale in Murcia

Murcia, Spain: July 2022 – By Casas247.net

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

July has been another good month for sales in the Murcia region. One of the longest completions we have had, due to a military licence requirement, finally got through the notary.

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

Weather

Temperatures at this time of year tend to be a minimum of 24 degrees and a maximum of 33 degrees. Not one drop of rain has fell here in the Puerto de Mazarron. Luckily a lot of the Property For Sale in Murcia has air conditioning to help combat the heat.

Sport

The women’s Euro competition has been excellent. They put the blokes to shame. No backchat to the referee every couple of minutes, not constantly diving to get a free kick or penalty. I’ve been very impressed with the spirit it has been played. Obviously being English, living in Spain that game didn’t fail to disappoint with England coming from 1 down to clinch a 2-1 victory. And, for the final to be between England and Germany you couldn’t have written the script any better.

General

Here in the Puerto de Mazarron we have had new palm trees planted along the paseo maritimo. Also lovely colourful murals have been painted on the public toilets to brighten them up. As a result, the area is growing which is showing in the increase in prices of the Property For Sale in Murcia.

The chiringuito (beach bars) are still in full swing, not just providing refreshments but also entertainment on the weekend evenings. My local beach bar had a Spanish tribute band covering The Police and Sting. They are also holding comedy nights but this is above my linguistic level unfortunately.

The live music the town hall have put on has been amazing. From Jazz and Blues to Opera and Classical and Rock and Pop. The highlight this month has to be the Queen Unrisen tribute band in Bolnuevo with the famous rock erosions as the backdrop to the gig. The feature photo is of those rocks. The show was unbelievable, one I will never forget.

Stargazers had a treat on the 13th July when we had the exceptionally rare dazzling Buck Supermoon. The largest the moon will be clearly visible this year.

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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.

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Murcia Property Owners Delighted With Low-Cost Estate Agent!

Murcia Property Owners Delighted With Low-Cost Estate Agent!

Murcia, Spain: October 2020 – By Casas247.

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.