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news Property developers give large discounts to buyers; Spanish Property Trader Blog
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Property developers give large discounts to buyers

05/12/09 22:59

As far as the Spanish property market is concerned, sellers and bankers are willing to shell out lots of BIG discounts--discounts that can go up to 55%--just to get people to buy their properties.

This is the Spanish real estate industry today. Competition has become so aggressive due to the condition of the economy. Developers are trying their best to dispose their stocks of properties as prices had been predicted to fall further.

Link: Realestate market discounts of over 30 if the houses are sold | Reportajes Vivienda

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