Spanish property hunters offer 20% less than asking price

Offers made for property in Spain and Tenerife lower than previous

In September, the average offer made online through the Spanish property portal idealista.com was 21.7pc below the asking price. Idealista offer a tool to research the difference between offers and asking prices by area.

Idealista allow house hunters to make offers online, and have analysed more than 500,000 offers since January. The research reveals that January, March and September are the months with the greatest number of offers made by house-hunters, whilst June was the weakest month in terms of demand.

According to Fernando Encinar, head of research at Idealista.com, demand is strong but house-hunters “can’t afford asking prices and are making offers they can afford to try and close the sale.”

Tenerife offers according to the research are down 28.7%

Spanish property tours to visit England

Spanish property exhibitions to visit England

Spanish property exhibitions to visit England

Taylor Woodrow will mark its 50th anniversary by touring England with a series of Spanish property exhibitions throughout September.

The exhibitions will offer people looking to buy property in Spain information on Spanish homes and locations, plus Spanish properties that have been reduced in price by up to 41 per cent, to reflect the recent slump in the Spain property market.

Victor Sague, Marketing Director of Taylor Woodrow de Espana, said, ” From talking with our estate agency partners in the UK, we expect there to be significant interest in these offers from both investors and second home hunters.”

Experts will be on hand to advice house hunters at each of the exhibitions, which will be held around England from Sunday 13-23 September.

There are many homes available in seaside and golfing locations throughout Mallorca, Costa Blanca, Gibraltar and Marbella,  Tenerife and the Canary Islands. A  high number of homes will be sold throughout the couple of weeks of exhibitions as it will provide house hunters one last chance to buy a quality home at a fantastic price. It really is now or never for people to take advantage of these top quality homes as these discounts will not be around for long.