Global Currency Exchange deals

Rustic property in Mallorca comes in all shapes, sizes, locations and prices.

Gatehouse International can offer rustic property in Mallorca from as low as €220,000 up to the luxury mallorca villas in the millions. The Mallorcan property market specialists, “Mallorca Villas for Sale” have a large selection on their website.

The credit crunch doesn’t seem to have affected Read the rest of this entry »

Mallorca Property market - 2008 PredictionsThe Mallorca real estate market seems to have weathered the global ‘cash crisis’ well so far. Mainland Spain has seen a steady decline in buyers from the heady heights of early 2007. Of course, there are exceptions, as Polaris World in the Murcia region continues to sell well.

Unlike parts of mainland Spain, Mallorca has not suffered from an over-supply of speculative builds. As a consequence, demand, especially for quality apartments, Read the rest of this entry »

Save Money On Currency Exchange.Gatehouse International has partnered with a well known Foreign Exchange dealership in order that our customers can have the benefit of the Best possible rates at any time, with the least inconvenience.

We aim to provide the very best exchange rates, therefore saving you money. Our Foreign Exchange partners will designate you your own currency dealer who will guide you through the whole transaction and explain Read the rest of this entry »

A trickle of second homes for sale turns into a flood.

The credit crunch has started to take effect on the second home market in countries where there are many new developments just coming to the stage of completion. When purchase decisions were made two years ago and consumer confidence was high, properties were increasing in value due to high demand, cheap local loans and high equity values in the primary homes.

It´s very different now. Many new developments are now coming up to the completion stage and the developers are asking their buyers to part with the balance owed, in return for the title deeds and the keys. Some buyers are choosing to cut their losses and sell for below perceived market value, but many remain in denial. The reality is that, to sell, offers of 20% below the asking price are likely and should be considered in most circumstances. The alternative is to keep the properties and hope to rent them out. Bluntly, there are not enough prospective tenants to fill all of these holiday homes.
For those, with property overseas in “Euroland”, there is the prospect of mentally off-setting some losses against the rise in the strength of the Euro against the Pound. In some cases, most people will get 10-15% more Pounds for their Euros when converting money back to the UK as the Euro has strengthened considerably against the pound over the last year.

Where´s the good news? It is predicted that the buyers who still exist will begin a buying frenzy this summer. The really smart buyers will pick from the crop now. If you have a property to sell, simply advertise it on a For Sale By Owner site like BuyMyVilla.com for just a few pounds, avoid the estate agency fee, and let the savvy buyer contact you direct. They´re out there, you just need to let them know your property is for sale.

Motivated property sellers used to be a rare find.

Over the last few years, while the property market has been in the ascendancy, property sellers only became motivated when they saw something they wanted. With the housing market rapidly adjusting itself in the UK, property sellers have suddenly become more motivated by other factors including the desire to ‘offload’ surplas property portfolios before they have negative equity.

Why would someone buy now? Buyers can get a bargain basement price when purchasing from a motivated seller. In many cases, witnessed recently, sellers have been happy to sell at less than their purchase price 2 years before. Most of the sellers are seeking to avoid re-possession and the resultant ‘black mark’ against their name. In one case, a client on our For Sale By Owner site , www.buymyvilla.com , had 3 properties to sell on one development. He advertised just one on the site and has met with great success. He now has a lawyer interested in buying all 3.

The method seems to be working for the sellers, but the buyers are going out of their way to find what the industry now calls ‘motivated sellers’.

For a cheap, bargain, property visit Motivated Property Sellers for a selection, and deal with the property owners direct.

www.buymyvilla.com has just been relaunched due to a rising demand from individuals wishing to save money on selling fees and wishing to retain control of their own property sale. For Sale By Owner ( FSBO ), as it’s commonly termed, is not a new concept. As the use of web sites has rapidly progressed over the last few years, there have been a number of web sites claiming to be the ‘next big property site for properties for sale by owner’. In reality, very few are professionally run, by Realtors (Or estate Agents in European parlance). Professional agents provide one part of the insight required to make a property web site work. Understanding of buyer’s needs on a web site is the other main requirement.

BuyMyVilla.com, fulfills both of those requirements. The site owners have been selling property since 1986 and have run successful property web sites for 10 years. The site has been designed with simplicity of use as a paramount feature. Property owners can upload their own property details and up to 12 pictures. Once a modest advertising payment of just €149 has been received, the site administrators will feature the owner’s property on the web site.

How does this differ from some other For Sale By Owner sites? Well, once you’ve paid the advert fee, the property can remain on the site for a year and there are no other costs to pay when you sell the property. The buyers contact the property owner direct and the buyer and seller deal directly with each other. No middlemen. No extra cost. Thousands saved.

Of course the site has many other features including useful advice and contacts, together with an easily searchable database. The most useful feature from a prospective buyer’s point of view is the site’s regular updates of properties are specifically what the buyer has registered their interest in. All the buyer has to do is register as a member, fill in their requirements and they will be updated regularly with only the properties that suit the saved search. If the requirements alter, they can log-in and make a new search that can be saved.

This feature sells more properties and saves the buyer’s time searching.

To advertise on BuyMyVilla.com, payment can be made in a number of easy ways including credit and debit cards through PayPal.

Visit BuyMy Villa.com to register for property updates, or if you wish to sell and save thousands.

Beach house for sale in Sant Elm Mallorca - You can’t get closer to the sea.

Beach properties rarely come up for sale in Mallorca. This is a fantastic example of just how you can buy a villa in Mallorca and ‘have it all’. With its four terraces and views over Dragonera Island and with direct sea access this house offers incredible holiday feeling.

The main house is a reasonable size of about 150 sqm and was completely modernized a few years ago. There’s 3 bedrooms, 2 bathrooms, a very beautiful and bright living room with open fireplace and kitchen. It is possible to extend this area and build an apartment of about 30 sqm.

On the ground floor there’s a separate guest apartment of about 40 sqm with small kitchen and terrace, also with access to the beach. The house comes with garage and own boat garage.

All this for just €850,000. (about $1.293M, or £650,000). View this property here
Or many more properties for sale in Mallorca here.