Tuesday, January 26, 2010

Duquesa Properties are selling.....for the right price

Here are Barrington Homes we have lots of clients looking to buy properties in the Duquesa area. The nature of the downturn in the world economy means that potential buyers are looking for better value properties and are prepared to wait until they find the right property for their criteria. As leading Estate agents in Duquesa its our job to list as many properties for sale as possible with the strict criteria of making that property saleable in the current climate by;
  1. Good marketing.
  2. Realistic pricing.
  3. Ensuring the property is presented in the best possible condition.

If you have a property to sell contact Barrington Homes on info@barringtonhomes.eu or call(0034) 610 975 057.

Monday, January 11, 2010

Alboaire Golf - San Roque




Discounts are now available on the completed development of Alboaire Golf in the exclusive San Roque Golf Course. These luxury apartments provide a tranquil home on the fairways of the prestigious San Roque Old Course. The small exclusive development of only 40 apartments are built to an exemplary build standard and are created to ensure the maximum use of space and natural light and accenting the views over the golf course. The community is gated with 24hr security and has a paddle tennis court, swimming pool, store rooms and underground parking.









Prices for these 2 and 3 bedroom luxury properties start from 523,000 Euros. For more information contact Barrington Homes at info@barringtonhomes.eu or call (0034) 610 975 057.




San Roque Golf is home to the famous San Roque Old Course which has hosted several prestigious Golf Events including the Spanish Open. San Roque has also has a gym, hotel, Club House, restaurant, bar, equestrian centre and 24hr security.

Saturday, January 9, 2010

2010 - Duquesa Property Forecast

As the New Year is now upon us we are often asked what will happen in 2010 to property prices in Duquesa. The true answer of course is that no one exactly knows. However to draw on the facts it points that 2010 may be the perfect time to purchase a property in Duquesa. There are a multitude of factors that affect the property market and especially here in Duquesa where the market is heavily influenced by foreign investors. Here are some factors that may provide the 'perfect mix' for an investor to cash in on the recession in 2010.



Euro Exchange Rate:

There is currently a very weak Pound making the pound to euro exchange very concerning for foreigners looking to purchase a property in Duquesa. However, few people look at the other side of the coin. There are a few vendors who are looking to return to the UK and as such have greatly reduced their property price to reflect the current exchange rate. This makes for great investment opportunities at the moment and at no extra real cost to the buyers. Industry experts in currency exchange predict the the Pound will steadily regain its value toward the 3rd Quarter of 2010 meaning that not only can buyers enjoy a better exchange rate but they can gain even more value from the downturn in the Spanish market. All in all a perfect window of opportunity to buy a property in Duquesa !



Discount on New Development Properties:


Duquesa developers who have a selection of completed property including very desirable beachfront apartments are now reducing their asking price. These opportunities are still vary rarely promoted to the public but if you wish to buy a brand new property in Duquesa at a heavily discounted price then contact Barrington Homes on info@barringtonhomes.eu quoting this blog as a reference. In some cases developers are simply looking to recoup the existing mortgage on a property meaning that some apartments are very affordable and give investors a superb and unique opportunity to buy a heavily discounted property. There is also no risk in purchasing these brande new properties as the urbanisations are already established and fully completed. These property prices wont last and as soon as the developers have relinquished their stock of property these opportunites wont be available. 2010 could be the best ever time to buy a new apartment in Duquesa !!

So...if you want to capitalise on the Duquesa Property market or simply want to be kept up to date on the latest property listing and market trends dont hesitate to contact Barrington Homes on info@barringtonhomes.eu or (0034) 952 936 216


Thursday, September 3, 2009

When is the right time to buy a property in Duquesa?

As one of the leading Estate Agents in Duquesa, Barrington Homes are frequently asked by our clients ‘When is the best time to invest in property in Duquesa?’ The answer of course is that no one really knows. What we do have indepth knowledge of are market trends, mortgage rates, property affordability, market forecasts and perhaps most importantly indepth local knowledge of the Duquesa area. With this knowledge we can advise clients on which developments in Duquesa are great buys, what property locations in Duquesa are great for rental income and the most important element in our opinion is matching our clients requirements to find them their perfect property. By considering this very important lifestyle choice our clients will always be happy with their property purchase whether they have bought for investment purposes, a holiday home or as a permanent residence.

Navigating the Duquesa Property Market

Are you thinking of ‘snapping up’ one of the many property bargains that can be found in Duquesa at the moment ? Are you unsure if now is the right time ? or what property you can get for your budget ? Here is the latest market news to help you;

Getting a Mortgage for Duquesa Property

It is currently well publicized that obtaining a mortgage in Spain in difficult. Gone are the days of easy finance. Banks are currently only willing to lend between 70 – 80% of the property purchase price and they also require numerous financial and employment documentation (including an Experian Credit report) in order for applicants to be successful. However, banks are seemingly recovering from the credit crunch and the number of new mortgages approved in July 2009 rose by 7.2% on the previous month. Their willingness to start lending again means that they are regaining confidence in the property market and applicants in a strong financial position are now more likely to secure the finance they require.

Euribor – Calculating the cost of your mortgage for buying a property in Duquesa

All mortgages offered by Spanish banks are based on the Euribor rate. This interest rate is applicable to all Spanish mortgages and the good news is that Euribor is hitting record lows every month this year ! Euribor is now a staggering 75% lower than it was this time last year leading to significantly more affordable mortgages being offered. Euribor is currently 1.334% and mortgage experts do not expect the rate to fall below 1%.


When to invest in Property in Duquesa ?

Property prices in Duquesa are on average at 7 year lows. Following the property boom in 2005-6 prices have fallen to the same levels of 2002. It is of course unclear when the property prices will rise again but industry experts predict prices will be well on the way to recovery by 2012. Barrington Homes have witnessed a steady increase in the return of property buyers in the Duquesa area all hoping to take advantage of the current pricing levels. Many clients have always wanted a property in the area but were previously unable to afford it. So, on the basis of a low Euribor, low property prices and the banks returning confidence in the property market now is one of the best times to invest in the area. As with any property purchase made for investment purposes Barrington Homes advise our clients to make a 7 to 10 year commitment to see the capital growth they would require. If you are interested in property in Duquesa contact Barrington Homes with your buying criteria and we can certainly find you a great value property that you will undoubtedly be very happy with. Taking the long term view property prices will significantly increase and in the mean time all you have to do is enjoy the property and the wonderful Duquesa area with its blue flag beaches, stunning Marina, international restaurants and championship golf courses……sounds great ?? It is !!

Tuesday, August 4, 2009

Latest Duquesa Property Listings - Dont Miss Out !

With the Euribor Mortgage Rate falling and the Pound to Euro exchange rate creeping back up now could be the right time to make your move and snap up a holiday home here in Duquesa. Barrington Homes have several new property listings from bargain 2 bedroom apartments to Luxury Villas in Duquesa's exclusive hillside in Punta Paloma and Punta Chullera.

2 Bed apartment - Los Hidalgos 122,000 Euros

This 2 bedroom apartment is just a 2 minute walk to the beach and 5 minute walk to Puerto Duquesa marina. Los Hidalgos Golf is centred around a large pool and tropical gardens. This apartment represents superb value as it is within easy reach of the beach, bars and restaurants and enjoys sea and pool views.









2 Bedroom Apartment - Casares del Sol 125,000 Euros

Discounted Property in Casares del Sol. High Quality Property with stunning communal pool and gardens, underground parking and a store room. Enjoys a superb location near Casares Beach and Finca Cortesin Golf.









3 Bedroom Penthouse - Estrella de la Bahia. 210,000 Euros.

Spacious Penthouse with Stunning Sea views in Casares Costa. This 3 bedroom 3 bathroom Penthouse has 3 spacious terraces including a roof terrace. The property also benefits from private parking, communl gardens and a communal pool.











Swedish Made Wooden Villa. Punta Chullera 635,000 Euros.

Want something different ?? Look now further than this luxury Swedish Made wooden villa in Punta Chullera. The property is divided into 2 luxury indepentdant apartments each with the highest specification. The Sea views are breathtaking and the infinite pool means you can really live the dream !



If you want more information about any of these properties or you want Barrington Homes to find your ideal home in Duquesa contact us today at info@barringtonhomes.eu or call (0034) 610 975 057 or (0034) 952 936 216 weekdays 10am - 6pm.

Wednesday, July 29, 2009

How to Sell your property in Duquesa

How to sell your property in Duquesa

Choosing an Agent
The first stage in selling your property is deciding on who will be the best Duquesa Estate Agent for you. Spend some time reseaching the local agents to find out;

1. How your property will be marketed? ie Does the agent have a good website ? Do they have a high street office in Duquesa where your properties will be advertised?
2. What are the agency fees? The industry standard is 5% plus IVA. Some agents may charge more
3. Are there multilingual staff working at the agency? This will allow the agent to market to a wider clientele. In the cosmopolitan area of Duquesa this is very important as buyers come from a variety of countries.


Getting Prepared
Spanish Legal Requirements mean that agents must have certain documentation to market your property for sale. The Decree 218 requires that property owners provide the following;
1. Copy of your Escritura (Property Title deeds)
2. Copy of your Nota Simple (updated property information of your Title deeds)
3. Copy of Water and Electricity Bill
4. Copy of Community fees and proof of payment
5. Copy of last I.B.I payment
6. Copy of NIE or DNI identity document and Passport.

Don’t waste time - It is imperative that you have all these documents ready to give to your agent to ensure the marketing of your property isn’t unnecessarily delayed.

Planning a strategy
Discuss your personal situation regarding your objectives for selling your property in Duquesa with your agent. Each vendors situation is different for example if you require a quick sale then the price will have to be adjusted accordingly or if you want to achieve a certain price for your Duquesa property in order for you to sell ask your agent if this can be achieved. Remember to listen to the advice of your agent. They are the experts and are aware of local property market conditions in Duquesa and likely future market trends. Your agent is working for you to achieve your objectives so they will offer the best advice for your circumstances. They may also be able to suggest simple improvements that you can make to your property to improve its appeal.

Marketing
Your agent will visit your property to take photographs. Remember the vast majority of buyers who purchase property in Duquesa will view your property online before selecting to view it. Photographs are the main medium they have to form their views of your property in Duquesa and make an appointment to view it. It is therefore imperative that your property is looking its best for photographs. Ensure that your property is clean, clutter free and staged for photographs (see more details below about presenting your property)

Property Viewings
Buyers make their impressions and decisions on whether to buy your Duquesa property or not as they are viewing it. They also decide how much they are willing to pay should they choose to purchase your property. This is a critical point at which you can try to influence potential clients decisions by presenting your property in the most appealing way.

Viewings & Presenting your property
1. Cleanliness – It is imperative that your property is clean and clutter free. This will create an environment that is appealing to potential buyers.
2. Staging your property – By using a few simple staging props you can easily create a wonderful lifestyle impression for your property. By preparing the dinner table for a lavish event using wine glasses and high quality dinner services you create a great lifestyle impression to potential buyers. Make sure sunloungers and outdoor dining areas are well presented and clean. The outdoor space in your property is vital to most buyers. Show them how this space is best used. Stage the bedrooms and bathrooms with soft fabrics, clean linen and soft towels. This creates a wonderful homely feel and a superb lasting impression for buyers.
3. Pets – Not all buyers are pet lovers. If you have a dog ask someone to take it for a walk during the viewings. If this is not possible ensure dogs are under control and not left to bark or jump up at buyers. Remember dogs distract buyers, and especially dog lovers from carefully looking at your property.
4. Leave it to the Duquesa property experts – If you are present at viewings leave the viewing of the property and the talking to your agent. They are the experts, they know your property and they also have an established relationship with the client to know what sales approach best suits the client.

Keep in Contact with your agent
Keep in close contact with your agent to receive feedback after viewings. It will more than likely take several viewings before a buyer is found. Use viewings as an opportunity to receive feedback from your agent and you can learn on how to improve your property or modify your strategy for future viewings thus ensuring you are creating the best possible impression to potential buyers.

If you want to list your property for sale or want to any property advice contact Barrington Homes

Friday, May 1, 2009

Buyers Guide to buying a bargain property in Duquesa

Buyers guide to buying a bargain property in Duquesa

In todays market it may appear that all Spanish properties are for sale and all have incredible discounts and huge savings. This is in part true but the as a newcomer to the area or even a seasoned property investor it is difficult to know which way to turn.

When buying a property in Duquesa it is easy to become distracted by those properties with the lowest price or those that are advertised with massive discounts. However these examples don’t necessarily represent the best Duquesa property investments or genuine bargains.

There are no new secrets to buying a property in Duquesa but it is important to remind yourself of what is important to you the buyer i.e. why are you buying a property in Duquesa? Is it for holiday rentals? Is it to relocate to the area? Or are you simply looking to buy a discounted Duquesa property in the hope you will profit from future capital growth?

The 3 key elements to identifying a true bargain are LOCATION, QUALITY and PRICE. If a property scores high marks on all three of these criteria, then it starts to represent value for money, and therefore could be truly considered a Duquesa property bargain.

Great Duquesa property Locations:

If you are looking to buy a property for your own use for holidays or are looking to relocate to the Duquesa area the location question is not as easily answered in general terms as each individual will have different requirements e.g. quiet location or walking distance to amenities. What is important here is to visit the property on several occasions and at different times of the day so you have a clear picture of what it may be like to live there.

Should you want to buy a property for holiday rentals or investment the question of location is vital. Many agents many tell you what a great holiday rental properties all properties are and how much money you can make per year. All this information will sound very appealing and a ‘no brainer’ to buy the property. Unfortunately in my experience some of these agents have no experience in the rental property field and are not giving you accurate rental figures nor correct guidance. By choosing an experienced and knowledgeable Duquesa Estate agent such as Barrington Homes you can benefit from their years of property rental experience and be shown select properties that we know will generate a good rental income for you and as such be a sound property investment. There are only very few developments in the area that will generate a good rental income and it is vital to seek professional advise from Barrington Homes when making your decision.

Quality Duquesa Properties

Fortunately the majority of properties in Duquesa are generally of a good standard. It is also relatively easy and cost effective to make any minor cosmetic property changes should you wish to do so. An important point which is often overlooked is the quality of the urbanization to which the property may belong. A well run, well maintained, attractive urbanization is often a key contributing factor to resale prices and property resale values. It is important to find out how much the community fees are for the property and also the urbanizations future plans, maintenance schedules etc.

Duquesa Property Prices

Don’t be misled by attractive discounts by Duquesa property developers or estate agents advertising. Although these are genuine discounts from previous prices you are advised to do your homework to find out other property prices in the development or how much the properties sold for in previous years to get an idea of what the potential price of the property will be in future years. This will give you a clear guide of the value for money you are being offered.

The first step in buying a property in Duquesa

After reviewing the above points you can inform your Estate Agent of your requirements. At Barrington Homes we like to have as much information as possible about our clients buying requirements so we can ensure we are finding them the perfect match at the best price and in their ideal location. If you are considering purchasing a property in Duquesa contact Barrington Homes. By informing us of your criteria (Budget, property requirements, and reason for buying the property) we can then proceed to find you a great property using our extensive property database and also years of knowledge we have by living and working in Duquesa.

We look forward to hearing from you. For further advice and guidance contact us on(0034) 952 936 216 or email info@barringtonhomes.eu