Skip to content

An overview of the 2013 real estate market

Being in the real estate business for almost 10 years, I witnessed empires rise and crumble.
The real estate market in Spain used to be one of the most appealing in Europe. The same thing was happening in Bulgaria, Italy, Portugal and other countries outside Europe such as UAE, Dubai.
It all came to an end few years ago, with the World economic crisis.
Loads of unfinished building are scattered along the Spanish coast, and a lot of new building are for sale, with no buyers interested in the offer, even though the prices are almost at half compared with 2006 and 2007.
The same thing is happening in Romania, where an apartment of 100 m2 in a new building used to cost around 190,000 Euros.
Now the same apartment is put on the market for 100,000 and there are now potential customers interested in buying.
Most of the property developers are now renting the apartments, which were meant to be sold for a profit, just to reduce the losses, with the hope that there will come better times when the property prices are going to rise again.
Most of the new luxury apartments in Dubai are unsold, and there is no chance soon that they are going to be.
In Spain are ghost cities along the sea coast, with unfinished or uninhabited buildings.
In Greece the property prices are still high, but even if they were low, still nobody would be interested to invest in Greece, especially when Greece economy is on the verge of collapse.
So, to cut the long story short, there is no hope for real estate market recovery, anytime soon.
Most of the transactions in real estate are done for small apartments, inexpensive properties and farming land.
For few years now, no new property was built and the developers are awaiting for the economic crisis to pass.

Spain ghost town

Spain ghost town


Upgrade Your Home Before Selling It

With selling prices continuing to fall nowadays, it’s become increasingly crucial that you make your house stick out from other equivalent homes available for sale. There are several upgrades that one could make to further improve its general aesthetic charm, to ensure that customers right away get enticed towards it. Clear the outside – A home coated in filth and mold is the very least likely to make an impression on the potential purchasers. If you can’t thoroughly clean the back yard of your home, then you can definitely consider employing a specialized pressure washer for the task.
Fix the rooftop – A dripping, used or broken roof is a huge turn off for the purchasers. Data reveal that roof structure fix or replacement is among the most significant selling factors for a house. For the purchasers, having a roof structure in a great shape implies having something safe and secure, which they do not need to be concerned about.

Improve your kitchen equipment – In case you have outdated appliances for the kitchen, then it’s most likely the best time to bring them up to date. The prospective purchasers would unsurprisingly struggle to picture your property as their newly acquired home, if it looks aged.
Even though, it is a pricey enhancement, the actual end result could well be pretty gratifying.

Go fairly neutral when painting the wall surfaces – To create a fresh feel within your house, have each of the walls painted.

Property in Barbados General Overview

Barbados Real Estate. You’ll want to take into account a great number of things prior to investing in a property in this Island. Presently, the luxury condo properties are definitely the trendiest deals in Barbados real estate property options. There are plenty of choices on hand based on your family requirements. And in addition several of the gated residential areas and golf resorts are offering to you quite a few high-quality condo properties and exquisite residences. In south coast and west coast of Barbados, you will discover countless luxurious developments in the property market. Each condo development has 10 to 50 residences and several of them are having a lot more than 100 residences as well. In Caribbean Land, the Barbados is among the most stylish spots and in addition is a most secure location to reside and work. In the past 10 years, a lot of prosperous individuals are considering this place as their home away from home. This is actually the major reason driving the increasing rise in popularity of Barbados luxury condo properties. Plus it is the most trusted spot for investment opportunities, particularly in these financial doom and gloom days. The facilities, conveniences and services within these Barbados luxury condos are offering a top notch conditions. Many of them have health clubs, protection along with other essential services night and day. You can by no means come across these services inside a hotel. These locations will safeguard your level of privacy and allow you to go swimming in the blue seas of the Caribbean. Also the main points of interest in Barbados would be the assortment of sporting activities and sights. Barbados is among the winter seasons getting away spot for lots of people. There are plenty of realtors to be found in this Barbados. They’re offering priceless information and specifics of the most recent deals via their very own website to their precious clients. All you have to do is a bit of investigation o internet to get a better view over the property prices in the Barbados Island.