The Spanish property market is certainly not what it was. The slow UK market has effected the market on the Costa Blanca too, and there are hundreds of owners with properties on the market fighting for buyers to choose their home instead of another.
For those looking to sell quickly and are realistic about the price their property can expect to achieve, an auction may well be the next step to take.
Auctions are a new concept on the Costa Blanca, but a necessary one given the current market conditions. Buyers are taking their time to look around because they know they drive the market, and they are in no rush to make a decision until they have done all their homework and found the property that offers the best value for their money.
Various companies are offering property auctions as a method to selling your property fast and effectively, one of those companies is Francis Estates covering in the main, the northern Costa Blanca Region.
Francis Estates were the first company to introduce auctions in the Northern Costa Blanca area, and since then, their database of buyers has grown substantially. The properties available for auction are being sold by vendors who want to sell, and want to sell quickly – therefore, their prices are below current market value and often drastically reduced in order to achieve a fast sale.
For further information about placing your property for auction or for information on properties currently on offer, please go to www.francisestates.com or call Lisa on 0034 620 018 649.