Real Estate News of Interest

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We are selecting for you, on a regular basis, news and articles of interest related to Andalucia, the Spanish property market, home staging, tips to sell or rent faster, etc.

Latest news :

• At the Costa del Sol awards held in Marbella this Thursday 15 October in Marbella it was announced by the Junta de Andalucia that is to be a brand new Technology Park in San Pedro, Marbella along the line of the innovative and ground breaking technology park in Malaga. This PTA will have a huge impact for all of the Costa del Sol and will again be a driving force to attract more international people to live in Costa del Sol fulltime and attract more inward investment.

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• Tips to Sell Property Quickly and Avoid Repossession : A fresh coat of neutral paint, new tiling or lino, and a couple of new kitchen doors can do wonders to smarten up a tired-looking property

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• next year Malaga airport would be in unbeatable condition so that the Airline companies will use it as a hub and connection centre and that it will meet the demands of the 21st century traveler. Also new routes are being carefully studied to boost tourism to Andalucía.

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• Steps and tips to sell your home : "We provide you with a few tips which will help you in selling your house fast and also realize maximum profit suitable to the market conditions."

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• In Spain ... there will be more property sales in 2009 than there were in 2008. He list five reasons why this is likely; lower interest rates, property prices at 2003 levels, banks lending more, the return of property investors, ...

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• Home staging can be defined in a number of different ways, but my personal favorite is 'the process of turning a home back into a house'

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• ... the worst thing you can do is "test" the market before changing anything at all. But lots of sellers do this, and miss the best buyers as a result...

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• ... Housing & Urban Development study found professionally staged houses sell, on average, 17% higher than non-staged houses; a Home Gain survey revealed that sellers who spent up to $1000 staging their house recovered almost 200% of the cost in the sale of their house; and 2007 and 2008 statistics released in February 2009 by the Real Estate Staging Association (RESA) proved that professionally staged occupied homes sold 46% faster in 2007, and up to 89% faster in 2008. Staged vacant homes previously on the market sold 68% faster in 2007; 85% in 2008.

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• Home staging has become increasingly popular in today's current housing market because it increases home values, allowing them to sell faster and for more money. As home sales decline and a record number of homes are put on the market, more people are turning to home staging to make their properties stand out.

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• Those selling in today’s market conditions must consider some type of staging support. If a property is not a marketable product, then sellers will be forced to play the aggressive price reduction game...

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• Prospective homebuyers want to picture their family in the home, not yours and a home full of personal clutter will not show off the potential of your home.... Nothing can turn off a prospective buyer quicker than loose railings, torn screens or missing hardware on cupboard doors. These easy repairs do not cost a lot of money. If a homebuyer sees that the little things are not attended to, they are likely to believe that the larger things are neglected too.

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