Torrevieja Forum

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By soapydave
#1108195
Have you seen the prices of these new box type houses,but they seem to be selling them,
they seem expensive towards resales , /second hand homes of a similar m3 size,
they look nice while they are new, bright and shiny glass and metal work , bright white walls, noticed the first ones that went up are looking a bit grubby now after 12mnths builders dust and weather blowing about,
although resales have slightly increased in price but nothing significant ,since the all time low.
By Mr Jones
#1108205
One born every minute, isn’t that the saying ? Just wait till the new owners realise they have paid 300k for a 180k house, when the friendly estate agents offer to sell their asset for 190 minus 20 grand “ commission” that’s when the realisation of the con really sinks in. When you see the identical brand new house in phase 6 for 320k that’s the kick in the nuts you were waiting for.
By TVTechnology
#1108209
Resales in some locations up 10% in the last 12-18 months, though with all - location, location, location.

Similar 'me too' type of properties, lots of competition in the selling market are as expected the slowest moving & increasing in value - front line or near beach, values tend to buck the trend a little, sell quicker and increase more - desire sells ;-)
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