3 Tips for buying your Spanish property at the price you want
Research the market
Use property portals like Idealista, Kyero, Rightmove, and Fotocasa to compare prices per square meter in your target areas. Property prices can vary wildly in Spain, it's advisable to research the different areas and understand the value that each area offers.
You are an attractive buyer
Make certain the seller perceives you as a serious buyer. This is one of the most important tools at your disposal to negotiate a better purchase price.
These are some important facts to inform the seller's agent:
- you have a pre-arranged your mortgage
- you already have the purchaser's deposit with your lawyer
- you are flexible with time frames
- be friendly with the sellers and their agents. It's proven that when both parties are cordial there is a greater chance of success.
Is the price negotiable?
By first asking the most important question this reduces the 'shock' of an under sales price offer further down the line.
If you don't ask, you don't receive.
Marcus is an active real estate blogger and helps real estate companies in Spain to improve their online presence online. He works throughout Spain and the Costa Blanca for franchises like Engel & Voelkers who have branches in Orihuela Costa and Torrevieja.