Ahip Solutions

Luxury Spanish Property bargains in Costa del Sol with Spanish Hot Properties

The word “Luxury” doesn’t normally go with the word “Bargain” but in Costa del Sol right it is possible to buy real luxurious Spanish properties at bargain prices according to Susana Suspenda Marketing & Operations manager of the Spanish property experts Spanish Hot Properties.  “The people looking at the luxury market are looking for big spacious apartment over 100 M2 built bur preferably 120M2 built and up until recently it hasn’t always been possible to buy such luxury apartments for under €4000 per square meter.  An example of this is Luxury apartments we have in Atalaya that with discounts and coming in at €2600.00 PSM and we amazingly now have luxurious apartments tin Los Flamingos golf coming in at €3000.00 PSM.  This is also reflected in the Villa market where we have luxurious villas in the Golden Mile for an incredible €800,000 working out at €2300.00 Euros PSM” explained Susana

Do Spanish Property Bargains Still Exist?

A question posed to me recently by a friend of mine on the coast and a very good question it was to. The obvious Answer for Spanish property buyers is yes but not to the level that people from outside of Spain would think.

At the present time the majority of buyers really do want their cake and eat it and it is only the buyers who come to terms with the situation who really end up getting a great deal. A good example of this is somebody wants to buy an apartment in Costa del Sol but needs a 100% mortgage. As all of us know here in Spain if you’re buying a resale it’s almost impossible to get a mortgage over70% and with costs this means 40% deposit when you need a 100% Mortgage. However in Costa del Sol we have about 6 projects where the bank are prepared to give 100% mortgages as that is what they have outstanding after discounting the price of properties to a level where people will buy. However the majority of clients say I don’t want that property