Hi there; in the process of buying a brand new apartment in Benalmadena.
Following a visit to A Place in the Sun exhibition in London, we were directed to an English agent who has been very helpful and patient with our numerous requests and helped us find a lovely holiday home. However, he has told us that it is standard Spanish practise to place the first properties on a development at a reasonable price and then to release the next tranche on at an increased amount, even if the first ones are still available - sounds like a strange way of doing business to me.
I have to say, I didn't believe him as I thought it was the old sales tactic to get the customer hooked but already the second phase, about to be released, has exactly the same apartment as ours, with exactly the same spec at €30,000 more than we have paid.
I know this sounds like a random question but, can anyone confirm this is how developers work out here?
We're also discovering how everyone wants a slice of the pie when you're buying, the taxman, the lawyer, the agent....etc etc
Following a visit to A Place in the Sun exhibition in London, we were directed to an English agent who has been very helpful and patient with our numerous requests and helped us find a lovely holiday home. However, he has told us that it is standard Spanish practise to place the first properties on a development at a reasonable price and then to release the next tranche on at an increased amount, even if the first ones are still available - sounds like a strange way of doing business to me.
I have to say, I didn't believe him as I thought it was the old sales tactic to get the customer hooked but already the second phase, about to be released, has exactly the same apartment as ours, with exactly the same spec at €30,000 more than we have paid.
I know this sounds like a random question but, can anyone confirm this is how developers work out here?
We're also discovering how everyone wants a slice of the pie when you're buying, the taxman, the lawyer, the agent....etc etc