Leading Property Group

Potential buyers offer 23pc below asking prices in January


Idealista.com,  one of Spain’s leading property portals, has just published a survey showing the difference between asking prices and what house-hunters are offering.

On average, those looking to buy a property offered 23pc less than asking prices in January of this year, according to Idealista’s survey.

The biggest difference between asking prices and offers was found in the Malaga province, home to the Costa del Sol, where house-hunters offered 29%  less than prices being asked.

Differences of more than 25pc were also to be found in Girona (Costa Brava), Tarragona (Costa Dorada), Castellon (Costa Azahar), Murcia, and Almeria (Costa Calida), all popular locations with foreign holiday-home buyers.

So it seems there is still a big difference between vendor expectations and what buyers are prepared to pay.

One Response

  1. By ivan Jullit, 23 February, 2012 at 16:22

    El stock inmobiliario sólo se desbloqueará si los vendedores se conciencian de la necesidad de acercar sus precios de venta a la realidad del mercado. Las propiedades que se están vendiendo en la actualidad son aquellas que han sido reducidas en precio lo suficientemente como para volver a hacerlas atractivas a los ojos de los potenciales compradores.

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