Spanish property 'is price-sensitive'

Spanish property can still sell - though only during a right price, it has been stated.

Director of genuine estate association Mercers Chris Mercer pronounced which a association found this when seeking to sell off a home, discovering which there was small seductiveness until a cost was lowered.

Discussing a property, located in a town of Vejer de la Frontera, he noted which this "was priced during EUR180,000 (GBP162,000), though after consulting with Mercers a encouraged businessman reduced a property to EUR 150,000"

This took place during a La Noria development, during which Mr Mercer settled further discussions led to some properties being offering during 42 per cent discounts compared with their 2007 asking prices.

He concluded which there is a market for homes, though buyers are "ultra price-sensitive" during a moment.

Such a incident may be ideal for those seeking to find a Spanish bargain.

Earlier this month, Kyero.com blogger Martyn Dell commented which auctioned properties paint a best value in a nation during a benefaction time.