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Save Money And Buy Your Property Direct From The Owner



T


his is the type of              commission you have already       
property most people would      gained a substantial sum of       
like to buy, but in reality     money.                            
difficult to find. You have the                                         
best chance to find cheap             Property prices, like anywhere    
Portugal apartments and maybe         else depend on a variety of       
even a cheap Portugal apartment       factors. Portugal and the Algarve 
near the beach if you are looking     region are no exceptions. As we   
through the advertising sections      all know, a major factor          
of local Portuguese newspapers        influencing price is the location 
and find a buyer who likes to         of the property.                  
sell his or her apartment direct                                        
and not through an Agent. This        The question why so few cheap     
will save you on average already      Portugal apartments near the      
some 5% on the selling price.         beach are offered for sale,       
                                      despite the fact that there are   
If you go down this road, and buy     increasing numbers of new         
a property without an agent           developments bringing new         
involved, it is important that        properties on the market, many in 
you only deal through a               locations close to the beach, is  
solicitor, who can handle all the     not too difficult to answer.      
legal aspects of the sale, and                                          
who will act on your behalf,          Owners lucky enough to own a      
negotiate the price and takes         property close to the beach are   
care of all the arrangements of       not easily persuaded to sell and  
completion, deposit payments,         part company from their priced    
searches etc. In short, the           possession. Once upon a time      
solicitor will make sure that you     there have been cheap Portugal    
buy a property with total safety      apartments in Algarve - no        
in mind. By eliminating the sales     longer. The owners know that      



their property is worth               the Algarve and the proximity of  
substantially more now than when      the beaches especially the        
first bought.                         beaches of Alvor has shown an     
                                      increase in the numbers of people 
And since it would not be so easy     who are looking towards this      
to find a better property close       area.                             
to the beach, they don't sell.                                          
All they would be doing if they       Apart from apartments Luxury      
sold, is swapping something they      villas in Portimao are getting    
like for something else at a          increased attention, since the    
higher price with no guarantee in     level of prices are very much     
finding something better after        below those of other parts which  
they have sold. So why sell?          have received more attention in   
                                      property magazines.               
Of course there always will be                                          
apartments for sale even close to     It is my honest belief, that most 
the beach, but not in sufficient      properties advertised today are   
quantity to satisfy demand, and       overpriced. And anybody who       
hence the prices getting higher.      really knows about the property   
                                      market in the Algarve will, and   
In our opinion prices will slow       has to agree with me. I know I am 
down in 2006. However, properties     not making myself popular in      
in good locations and excellent       writing this, but I like to say   
condition will still enjoy an         the things as they are.           
upward trend, in demand and                                             
price. The area of Portimao is        Property prices are emotive to    
quite interesting in terms of         some degree and as long as there  
properties. The area around this      are people who pay what is asked  
well known Algarve town offers        I can't really blame anyone. If   
some of the best Golf Courses in      this article has provoked you to  



have a closer look at how you can     from the owner it has achieved    
buy a property in the Algarve or      its intended purpose.             
Portugal in general and save a        

                              
lot of money by buying direct         






About the Author:

Pedro Rodriguez was born in Valencia and has spent his early professional career with Woodstock Homes PLC. For almost 20 years he was involved in commercial and residential Real Estate before venturing into the advertising Industry. He is now involved in promoting properties which are offered for sale by owners directly. For more information on not just properties visit our site http://www.sellandbuydirect.com

Source: www.isnare.com


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