Marbella Real Estate Property Market
Even though the current economic climate has slowed property sales over the last two years, there are significant signs of recent growth. If sellers have patience then they can wait for the economic recovery. Today it’s a buyers market and buyers are looking for bargains. Those who bought their house at the peak of the property boom will have trouble getting the same sum for their house.
As it’s a buyers market, this obviously means that things are not quite so rosy for the Marbella property sellers. The downturn though is nowhere near as pronounced as elsewhere and this has to be taken into consideration when you view the investment you have just made. Prices have to be competitive and attractive to potential buyers and reflect the current market. If they ask too high a price then they simply will not get the buyers interested or have any viewings.