The early weeks of this year 2010 have shown that, as expected, the housing sector will give enough to eat and little else. The sector is currently awaiting the launch of the andalusian website 'tuviviendaenandalucia.es' where for all those owners who accept to lower the price of their flats with 20% and leave them at the price of the mortgage loans the buyer can opt for a refund loan amounting from 9,000 to 15,000 euros, which can end up convincing the potential customer.

The andalusian Government, after meeting this week with 70 builders and promoters in Malaga, is confident that the 'stock' of unsold homes that have been completed, 2,100 in Malaga, (plus another 9,000 under construction) may finally be finding buyers and restart the market.

For now, the Government claims to have a volume of 12,000 homes to put on the Web, although most non coming from promoter, but from financial institutions that accepted homes from the building companies instead of repaying debts.

The other indicator that 2010 will again be a year of bargains is that the Trade Fair and Congress Centre of Málaga has already announced for the month of April a new real estate event, 'SIMED Opportunities', to be held from April 30 to May 2 in the Congress Centre of Malaga.

This project, independent of the traditional Mediterranean Real Estate Exhibition (SIMED), seeks to sell the 'stock' of homes at attractive prices and a uniform format for exhibitors, which will enable them to maximize their presence at the fair and adapt housing prices to the current economic situation as an 'outlet'.

Source : La opinion de Malaga

Comments

Name *
Email (For verification & Replies)
Code   

Submit Comment