The market has now shifted from a buyer's to a seller's market. Property developers are building to order and selling off plan, as that is often the only way to secure a purchase. Waiting lists are commonplace for the new phases, with buyers being prepared to wait up to 18 months for delivery. Many developers have sales with closing dates far into 1999 and 2000 as the buyers insist on having particular floors or certain views. There seems to be no stopping for the moment with low interest rates.
Mortgages are freely available.
You will want to be absolutely certain of the legalities of the process and particularly your rights in a foreign country. This is where Harringtons International will ensure impartial and expert assistance is given in guiding you through every step. Most people would like to buy their property with a sea view, near the beach, shops and other facilities. It pays to be flexible and to be prepared to compromise. Maximum sun is between Los Cristianos and Callao Salvaje.