Sunseekers wrote:So it looks like there is really no such thing as a 'bargain Spanish property' ?
I think there are bargains to be had even when paying an agents fees and full taxes.
I've seen two situations in the last 3 months where a couple bought a nearly new, very attractive 3 bed 2 bath detached villa with pool on a 550m2 plot for 100.000€ + costs of 10,000€ in La Marina, and another where the buyers got a 2 bed 2 bath very modern apartment in a nice complex with comm pool and nice gardens for 42,500€ + costs 47,000€.
In the case of the house, it was originally purchased for 235,000€ and the apartment 115,000€.
Current market value of each is 140,000€ for the house and about 60,000€ for the apartment, meaning they would have no real problem finding buyers and moving on at a profit.
You have to check out the property portals and visit individual agents offices, letting them know you are a hard bargain hunter. Prove to them you have the funds and they'll try very hard to take your money. One of them will produce a property that would suit you and all you have to do is make a single, low offer which you need to state is not increasable.
If you really do want a bargain property you will find one doing the above. Like everything in life, you have to do the groundwork and put in the time. Bargains don't come to you, you have to hunt them down.