Livingstone Estates is proud to announce a unique, new way of purchasing property in Spain. Through an exclusive purchasing option only available to clients of Livingstone Estates, property buyers are now able to try living in their chosen property before they buy it.
The new ‘Try it before You Buy it’ option was recently introduced at the company’s head office in Southern Spain in response to the changing market conditions. Sales Director, Gustavo Moguilner, explains the rationale behind this new concept of buying property in Spain, “In line with our priority of transparency throughout the buying process, we decided to make our clients’ purchase that little bit easier. ‘The try it before You Buy it’ option is aimed to give our clients absolute confidence when buying in Spain.”
Livingstone Estates has a select list of properties available for interested buyers to live in for a trial period, before purchasing the property. More information about the scheme is detailed on www.livingstone-estates.com, as well as full listings of properties for sale.
Spain is still a favourite for overseas property buyers. The 2009 International Survey by Primelocation named Spain as their No. 1 search in their June report, which also highlighted that buyers tend to prefer using a local estate agent in the country of purchase. Perfectly equipped to cater for international property buyers’ needs, all staff at Livingstone Estates speak fluent English and Spanish, as well as French, Danish, German, Dutch and Swedish, to ensure complete transparency of information.
During the boom years, the buying rationale in Spain was for the high growth earnings that could be yielded from purchasing Spanish property. Although the market has now changed, British, French and Germans, amongst many other nationalities, still hold the Spanish Costas as a favourite choice for their second home. Previously out of budget for many, property buyers are now returning for the fantastic reductions and value for money that can now be found, especially on the Costa del Sol.
Official figures from Tinsa, the leading real estate valuation company in Spain, released in June 2009, revealed a year-on-year drop in prices of 10.1% for the whole of Spain, with a slightly higher reduction of 12.3% for coastal property. The Ministry of Housing quotes a more conservative drop of 8.3%. However, on the ground, reductions of up to 50% are being quoted on the Costa del Sol. Whether these reductions are actually being achieved all of the time is up to interpretation and some degree of speculation. It has to be said though; the Costa del Sol is definitely a buyers’ market.
“There is so much opportunity in the Spanish market and what sets us apart, is our continual efforts to strive for ways to make purchasing property in Spain both profitable and easy for all our clients.” says, Gustavo.
In unpredictable markets, it is not uncommon for us to seek refuge in what we know. As recently confirmed by Halifax International, the British continue to look to the established markets to buy property overseas. Spain stands the test of time – past, present and future!
Livingstone Estates is your International Property Partner based in Spain, with an emphasis on personalised assessment. From your first enquiry through to the handover of your property, you have peace of mind throughout the whole buying process.
For detailed information on the company, the services on offer and full sales and rentals listings, please visit www.livingstone-estates.com and www.livingstone-rentals.com
Alternatively, you can contact us by telephone on +34 902 424 484 or free phone UK on 0870 8000 877, or email us on info@livingstone-estates.com
