So again I thought I would bring up those popular search terms, bank repossessions and distressed sales either in Spain or the Costa del Sol. On the side by of my blog you will notice a category titled ‘top posts’, and lo & behold Costa del Sol Bank repossessions and Bargain distressed property Costa del Sol come in second and third place for popularity.
Note: Although not recent, I thought this article by TINSA would make interesting reading, regards Andrew.
What viewpoint should govern the anticipation principles that a professional Appraiser uses to obtain an estimate of the Fair Value of an Investment Property?
The Fair Value is defined in the I.F.R.S. (International Financial Reporting Standards as: “The best price that can reasonably be obtained by the vendor and the most advantageous price possible for the buyer”.
And it then goes on to add the annotation: In the majority of cases, the Fair Value will be the Market Value.
I originally intended for this blog to be about lifestyle on the Costa del Sol, but as I’m sure a few of you might have noticed I have started to concentrate more and more on property related news. Given this, I’ve decided to change the name of the blog from Costa del Sol lifestyle to… can you guess???
Well the property market is definitely getting interesting now with all sorts of properties coming onto the market at very competitive prices. We are finally seeing a return to the ‘real’ market prices that could be found prior to 2004.
Of course if you look into the statistics supposedly prices have returned to their 2006 figures, but with all due respect to those who compile the stats, this is in our opinion slightly optimistic.
Fabulous 2 bedroom, 2 bathroom Front line beach apartment on the Paseo Maritimo of Fuengirola. Located near the centre of both Fuengirola and Los Boliches this apartment is within walking distance of all facilities and amenities. The apartment is being sold fully furbished and has recently been reformed to a high standard. Large west facing (afternoon/evening sun) 28 m² terrace that has been partially enclosed. The property also has partial sea. The apartment also has a proven, successful rental track record. Priced to sell at 275.000 Euros. See below for further information.
Beautiful garden apartment built high standard in one of the best urbanization in Fuengirola on the Costa del Sol, offering communal pools and gardens in a gated complex. The property itself has 2 bedrooms, 2 bathrooms, garage, private garden with auto-irrigation system, A/C, alarm system, marble floors, double glazing, fireplace, kitchen diner. Price: 245.000 Euros. See below for further details.
Well presented 2 bedroom, 2 bathroom garden apartment in a highly regarded urbanization in Torreblanca in Fuengirola, Costa del Sol. The urbanisation has a large community pool, mature gardens, tennis court and children’s play area.. The property itself has a west facing terrace and an additional east facing patio. The property is being sold furnished, as Air conditioning, dark marble floors and satellite television. Price: 199.000 Euros. See below for further details.
An impressive 2 bedroom penthouse in the heart of Fuengirola on the Costa del Sol. The property measure 81m2 with an additional 60m2 of terrace. This property is perfect for those who want to take advantage of the sunny climate and have the benefit of sea, mountain and sea views. The apartment has recently been refurbished with many nice touches which include parquet floors. The apartment only minutes from the beach, shops, train and anything else you might require. On sale for 285.000 Euros. Please see below for further details
Fantastic 1 bed apartment in the centre of Fuengirola on the Costa del Sol, and only 2 minutes walk to the beach. This Fuengirola apartment has partial sea views from its terrace. Sold furnished and includes parking. Nice urbanization with community pool and garden. Due to its great location, all amenities are at hand. Price: 150.000 Euros.
Please see below for further details.
An attractive 2 bedroom, 2 bathroom apartment located in lower Torreblanca in Fuengirola on the Costa del Sol. This apartment is in a very desirable building and is only a few minutes walk from the beach. The apartment is being sold fully furnished. It is 78m2 built with a terrace of 17m2. There is also a designated underground parking. The community itself offers attractive gardens, 2 pool, gymnasium, squash court and sauna. Priced to sell at 225.000 Euros. Please see below for further details.
Just been to view an interesting property today. It is located in the area of Los Pacos of Fuengirola on the Costa del Sol. It is a 2 bedroom, 2 bathrooms, 81 m2 apartment with a large 25 m2 terrace with sea views. The urbanisation has a community pool, gardens, gym, and sauna and laundry room. The apartment also has its own designated parking. On the market for 200.000 Euros. See photos below
