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October 06, 2009 - Posted By (Admin) in (News)
Since June we have seen an increase in sales volume of the property market in Marbella. We have seen this in our own company and lots of other estate agents we talk to daily confirm they are making more sales. Now is this a sign of recovery for the Marbella property market?
We think it will still take time for prices going up again and prices might even go down a little more, although we are sure that we have seen the biggest price falls already. But nevertheless it is a good sign to see more houses selling. We think the reason behind the increase is the awareness with vendors that they really need to lower their prices in order to sell in combination with a whole bunch of people who were waiting on the sideline waiting for the property prices to reach a level where they would feel comfortable stepping in and buying.
The clients have always been there, but a client is not yet a buyer. People who have had the money before but found the market overpriced are now buying and people who beforehand thought buying a property in Marbella was out of their ¨financial¨ league are also moving now.
We have added a new feature to our website where you can see the price reductions and you can make up for yourself if you think it is time to make a move or not.
