Michael Liggan Discusses The Real Estate Market in Marbella

Micheal Liggan, chief executive of Altavista Property, a Marbella based real estate agent with many years experience of the market, takes a look at the current state of the market.

The real estate market in Marbella, as is the case in most of Spain and indeed most of Europe, has been going through a rough patch. The prices went south following the U.S. events of September 2008 and the global credit crunch that followed. Analysts and commentators, however, are of the view that real estate prices in Marbella have hit bottom, which is actually a good thing since property prices can only go up now. Michael Liggan agrees with this point of view, and believes this is welcome news, especially given the fact that prices in most of the major cities, including Madrid, are still on a decline.

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Michael Liggan of Altavista Property–Marbella News

The G.I.R.L.S. Golf Society, based in Marbella, enjoyed a lovely day out on the Campo Europa course last week whilst playing a stableford competition for their members.

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Michael Liggan Hot Property Tip–Luxury Marbella Townhouse

Michael Liggan and Altavista Property Spain are excited to present this unique and exceptional contemporary development in Marbella (ref AVS01079)

Unlike anything found in Marbella today, this exclusive development is set on the slopes of the Sierra Blanca with amazing views covering Marbella, the Mediterranean, Gibraltar and Africa.

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Michael Liggan’s Featured Property–Luxury Apartments Puerto Banus

Puerto Banús Luxury Apartments offered for sale exclusively by Michael Liggan of Altavista Property. Ref: AVS01078

 

Michael Liggan of Altavista Property Spain is delighted to present this development of 60 luxury homes, surrounded by a large Mediterranean and tropical garden of 7,000 m2, with swimming pool and communal amenities. Gym, Jacuzzi, spa, sauna and covered heated swimming pool complete this fantastic development, a unique project, carefully designed architecturally with only your comfort in mind.

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Michael Liggan of Altavista Property – Exclusive developments the very best we have to offer you?

Altavista Property Spain – We know you’re looking for the best combination of price, value and finance. That’s why Michael Liggan, our chief bargain property hunter,  seeks out those rare exceptional developments, which we can negotiate the very best deals on and then offer exclusively.

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What Michael Liggan of Altavista property expects for the Marbella Property Market in 2012?

Michael Liggan talks about property investments, in Marbella, Puerto Banus, Elivira, Estepona and the New Golden Mile for 2012.

For the last ten years investing in property the world over has been seen as a safe bet with prices rising dramatically fortunes were made almost overnight. But the current debt crisis has probably hit the property sector the hardest, with the biggest slump in prices since the crash in the 1990s. With some experts predicting prices continuing to fall further.

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Altavista Property News Stories

News Stories and events on the Costa Del Sol from Altavista Property Spain

British expats demand the right to vote

The ‘Votes for Britons’ campaign wants the millions of British expatriates to lobby the UK Government on the issue of enfranchisement.

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Michael Liggan Altavista Property News

Altavista Property

Would like to present this 3 bedrooms Semi Detached Townhouse in Mijas Costa €198,500

This is probably the development´s best-located townhouse situated within attractive urbanization near a golf course that provides a swimming pool for both children and adults along with a cosy restaurant and tennis court.

The property comprises a hall, guest toilet, large living room with dining area that are open plan to a nicely fitted kitchen, which offers access to a sunny, and private terrace with electric awning.

This house also provides a master bedroom with en-suite bathroom and access to a cosy breakfast terrace, a loft that could be used as a bedroom that has big roof terrace with stunning views of mountains, city and Mediterranean Sea. In addition there is a guest room, office and workshop section. This home has been continuously modernized, with most doors/windows being replaced with thermo-lasting, and also includes air-conditioning, fitted wardrobes and marble floors.

Front View

Attractive private garden

Front room

Front living room

Gardens

Maintained communal gardens

Balcony View

Private sunny terrace with superb views

Main bedroom

Master bedroom

Second balcony

Second private balcony

To find out more about this property and many more visit our website www.altavistaproperty.com

Why Choose Altavista Property Spain?

We specialises in finding you value for money.

There are bargains, and then there are bargains. Everyone says they’ve got distressed properties, motivated sellers, bank repossessions and stricken developers, all keen to sell to you at the lowest prices. We actually do – exclusively, and many with 100%, interest-only mortgages. We negotiate our low prices and great terms in return for exclusivity, passing the benefits on to you. It’s what we do. Ask anyone else who tells you they do the same to prove it – we will be happy to.

We are the right agent use our experience to make everything easy

So you can see we’ve so done much of the hard work for you. Just to add that with our AV Trips, we make it easy for you to find, finance and complete on the property you’ve chosen – quickly and with minimal hassle. From mortgages and bank accounts right down to front door keys, let us help make it all easy.

AltaVista Propertyputs the emphasis on clients’ requirements. We focus our efforts on matching client requirements and sourcing suitable properties, but given our longstanding experience in real estate and knowledge of this market in particular, we are also able to identify those properties that offer great value.

Michael Liggan is a driving force and our chief property bargain hunter.

Contact us Altavista Property to find your dream property on the Costa del Sol

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Altavista Property This weeks bargain property

The Best Bargain Buy on the Costa del Sol

This lovingly cared for development is ideally located between the popular Towns of Fuengirola and La Cala and just five minutes walk from the beautiful beaches of Mijas Costa. Marbella Town centre is just a short drive away, and Malaga airport is no more than a 20-minute drive. The Costa del Sol is famous for it’s lifestyle and luxury living. In the immediate vicinity you will find something to satisfy the desire of every individual. Whether it is lazing on the beach, fine dining or maybe playing Golf on an 18 hole championship Golf course, the five star lifestyle at your fingertips.
If you are looking for a high return investment or for the ideal holiday home by the Sea without a large financial commitment, the Las Farolas Resort development has something for everyone. The development has two private swimming pools one of which is heated, a children’s play ground area, an onsite restaurant serving breakfast, lunch and dinner, a bar with table pool and sunny terrace, a convenient store, petanque, 24H reception, etc…
All of our apartments are offered with a turnkey service and are fully furnished to a good standard. All of units have terraces and some have stunning sea views over the Mediterranean. The properties have proven great rental return. The current yield is on average based on 15+ weeks per year renting out , leaving the remaining weeks available for personal use.

Superb Views

BeachViewBuenaVista

Kitchen and Bathroom fitted out to highest Spec

Cocinarbano

Single and Double bedroom

Doscamasmainbedroom

Very well maintained gardens

JardinsPoolPicture

Pool

Poolpic2PoolView

For a complete guide to all properties available from Altavista Property please visit our website www.altavistaproperty.com

Where a dream home in the sun can become reality

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Altavista Spain News | Real Estate In And Around Marbella – How The Market Is Looking

It’s safe to say that the recession has hit Spain pretty hard. Millions of Spanish people are trapped in debt, stuck with overpriced homes and suffer from high unemployment rates. The unemployment rate of over 20% in Spain means that many people don’t have the money to purchase homes meaning the average price of housing is going to crash. This post will outline what the market is looking like in Marbella and whether you should be keeping your eyes out for bargains.

Firstly there are currently over 1 million homes that are either unsold or unfinished in Spain. This is an extremely large backlog on a country which is pretty powerful and is developed. Having a backlog like this is detrimental to the country, it also means that estate agents are slashing prices left right and centre so they can make a sale. Some house prices have been slashed up to 50% from their original sale value in 2006.

However, even though house prices are at one of their lowest levels in a while, people are still struggling to buy. The economy means that less people have jobs and they also have less money to pay for the necessities. Of course, this means a large spiral of lower house prices and people looking to buy smaller apartments.

Real estate in and around Marbella has been affected with the overall prices down 30% compared to the high point of 2006. This trend means that investors in property will benefit hugely. An investment in an £100,000 property could turn into £130,000 in a few years time. However some people have also stated that the prices could continue to tumble and lead to an even bigger chance of making money.

The properties that are selling the best in around Marbella are one or two bedroom apartments as they are cheaper and still have the discounts associated with them. Larger houses that are expensive are having a hard time selling even in spite of all of the discounts.

If you’re unsure then you can always look at what other property investors are doing. This summer property transactions in Spain doubled as many British buyers looked for a bargain. Many believe the right time is now and that you shouldn’t wait to secure a cheap property in Marbella. If you wait too long you could see the house prices slowly increase and see that you’ve lost a great investment opportunity.

However you should never get sucked into making a purchasing decision so fast. You should always weigh up your options and decide what’s best for you. Even though the real estate market in and around Marbella and other areas around Costa Del Sol are showing very low prices, you should always do your research and get the best advice possible.

Alta Vista Spain makes this possible by giving you the widest selection of property available in and around Marbella. Alta Vista Spain will be your guide and help you choose the best location for the best price.


AltaVista Property puts the emphasis on clients’ requirements. We focus our efforts on matching client requirements and sourcing suitable properties, but given our longstanding experience in real estate and knowledge of this market in particular, we are also able to identify those properties that offer great value.

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