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It is a given fact that the Spanish property market is set to fall further but no one really knows by how much. However, now is certainly the right time to look at what is available and as you will well be are aware, there is a lot of property out there waiting to be sold. But, did you know it is not just the empty blocks of new apartments as seen on the news that are for sale. Villas and chalets with or without pools, townhouses and flats old and new are all available, in some cases with up to 60% reductions in prices from 3 or 4 years ago. If you want to buy a property to renovate labour costs are also substantially lower than in recent years.
Valencia Property has also recently taken on a number of bank owned properties. We hope to have the details of these on this website in the near future. The advantage with this type of property is that there is no chain and the banks are looking to offload them as soon as possible. Recently, a bank owned property, a fantastic 3 bedroomed chalet in the countryside, was reduced in price by over 50%.
It is only a matter of time before the market starts picking up again and at the moment there are bargains to be had. Take advantage of our great location and surroundings, let us know what you are looking for and come and see us as soon as possible.