Gecko Towers:
The right time to sell your property in the Marbella region of the Costa del Sol largely depends on various factors, including the current market conditions, your personal circumstances, and the state of your property.
Market Conditions
The Costa del Sol property market has been experiencing sustained growth, with property prices forecast to rise by 5-8% in established areas of Marbella, such as San Pedro de Alcantara, recently described as a “hidden gem” by a UK TV property specialist. This growth, combined with the area’s popularity among expats and investors, makes it an excellent time to sell.
Personal Circumstances
Consider your personal reasons for selling. Are you looking to upgrade, downsize, or relocate? If you’re in a hurry to sell, you may need to be more flexible with your pricing.
Property Condition
The state of your property plays a significant role in its saleability. Ensure your property is well-maintained, clean, and clutter-free to attract potential buyers. Consider making minor repairs or renovations to increase its value.
Best Time to Sell
In terms of timing, the best time to sell a property in the Marbella region is usually during the spring or autumn months, when the weather is pleasant and more buyers are actively looking for properties. However, this can vary depending on your specific circumstances and the local market conditions. Golfers and property dedicated to their sport, for instance, tend to be more active in the cooler months.
Additional Tips
Set a competitive price: Conduct a comparative market analysis to determine the value of similar properties in your area.
Work with a reputable real estate agent: They can help you navigate the selling process, provide valuable insights, and attract potential buyers.
Our ‘test driven’ Associates Network contains specialists in properties located in various parts of the Marbella region and will be able to give you honest and reliable feedback about the prospects for selling your property for the best possible price.
Prepare your property for sale: Make any necessary repairs, declutter, and stage your property to make it more attractive to buyers.
A tip that we have received from one of our daughter’s, a leading London based interior designer, is make sure to depersonalize your property leaving minimal ornaments and personal items on display. It’s a very effective strategy.
By considering these factors and tips, you’ll be well-equipped to determine the right time to sell your property in the Marbella region of the Costa del Sol.
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Should you be interested in discussing the process involved in buying a property in the Marbella region, we would be delighted to assist you. We have an experience-qualified and best of breed Associates Network comprising professionals focused on the Marbella region’s property market. Their services include property search, mortgages, legal and tax services, visas, surveying, insurance and currency brokerage. We have done the leg work, testing the quality of our Associates Network and now feel confident in recommending their services to you.
Please note that our posts are for general interest. There is no substitute for proper advice tailored to your specific circumstances as provided by a qualified Abogado who is experienced in the application of the Spanish Law. Nothing contained in this article should be seen or taken as legal, tax or financial advice and cannot be relied upon as such. Neither the writer nor the publisher accepts any responsibility for liabilities arising as a result of reliance upon the information given. All details have been reasonably fact-checked and all efforts have been taken to ensure that facts are accurate as at the date of publication.
Interested to own a property in the Marbella region? Then why not grab a copy of my recently published E-book titled “Buying a Property in Marbella? Please, read this first!” To get your own copy please follow this link https://amzn.eu/d/7uVvXFD
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My details: Mark FR Wilkins, during usual business hours on +34 600 343 917 or e-mail me at mark@therightsgroup.com
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