The luxury and high end property market has shown much more resilience than most other property classes, but this is of course relative, given the general financial uncertainty globally. There has been an elevation in the number of enquiries over the past month, however all of them have one thing in common; they are looking for a deal, and in some cases a steal.
As an agent specialising in the La Zagaleta estate, I do feel honesty regarding the current state of the market is the best policy. I would describe that sales within the estate are slow and the problem we are encountering is the dis-parity in what buyers want to pay and what vendors feel happy accepting. An obvious statement, but absolutely accurate in this case.
The truth of the situation is that the majority of sellers within the La Zagaleta just don´t see the need to accept hugely discounted offers, successful people within their own right many are willing to hold out for the figure they have in mind. This is not estate agent rhetoric but something that happens to be a plain truth in the current market.
There are, however some exceptions so if you are interested in a very small number of houses, that owners are keen to sell, therefore giving what I would regard as a favourable discount, please email me directly on carlene@firstpropertychoice.com and after evaluating your specific needs, I will give you the relevant details should they match your brief.
