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mallorcahp > Intel > Mallorca Hot Property Starts Mini Price War

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Mallorca Hot Property Starts Mini Price War

THE FOUR FACTOR!


THIS IS A SPECIAL REPORT FOR MALLORCA HOT PROPERTY CLIENTS EXCLUSIVELY!

We're going to turn the market upside down (well at least a small segment of it) by starting a bidding war, something almost unheard of in the property market here in Mallorca!

Something we've made a policy at Mallorca Hot Property is to make sure that we pass on 'Inside Information' (when we get it!) to our clients looking for a good deal.

The papers these days are full of the 'Subprime' crisis in the USA, and there are areas of the mainland of Spain, in the Costas, where poorly-regulated over-building is coming home to roost - and prices there ARE falling.

We predicted FOUR years ago that this is something that wouldn't happen on Mallorca, and we've been proved right. Prices here are strong still, as new building has been closely controlled for years. Unlike the mainland, there a NO blocks of luxury apartments lying empty and being offered at 'knockdown' prices. (Sadly for us as Agents!)

However, saying that, the local market has slowed down here, we won't deny it. The locals are finding the increase in the Euro mortgage rates a negative and as a result, there are more resales on the market and many of our sellers are 'motivated' to downsize or move to cheaper areas of the island.

And when people want to sell, at the end of the day, price is everything!

So here's the scoop, the 'Inside Information':

There's is small develoment of luxury apartments just 6 minutes walk from the beach of Santa Ponsa and very conveniently located for the shops, the country the golf clubs and the motorway for access to Palma, the airport or wherever else you may want to go on the island.

This particular development was sold almost exclusively off-plan about FOUR years ago, and so the owners bought their properties at favourable (at the time) prices.

Well, it just so happens that there are not one, not two, not three, but FOUR comparable apartments for sale on this very same complex!!! And the law of economics is simple - when supply is greater than demand, prices go down! So far, this has not been the case in terms of the asking prices of these properies but add to that our inside information and you will see how this "mini price war" will be started.

So, here's the deal: You commit to and view these apartments within the next FOUR weeks and deposit a FOUR thousand euro reservation fee with us, to be held on account. If you like the complex and agree that you will buy the lowest priced unit, you put an equal 'under value' bid on each of the properties and we will negotiate the lowest price possible among all FOUR properties.

If you DON'T like the properties, or we can't negotiate a deal for you, you get your FOUR thousand euros back.

And to sweeten the deal even more, on signing for your new property, Mallorca Hot Property will give you 1.000 euros BACK for each of the properties you view - so view all FOUR, you get FOUR thousand euros back!

So let's keep the theme going - this offer will be restriced to the first FOUR-ty* people who respond and register their interest.

*(Yes, that's 40 - we can't be THAT mean - after all, this letter is going out to about 2,500 clients!)

Just click and reply back and we'll register your interest!

Images

Luxury Apartments
Luxury Apartments

Contributed by mallorcahp on March 6, 2008, at 5:24 AM UTC.

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