Author Topic: One bed apartment  (Read 1800 times)

Offline Richard D

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One bed apartment
« on: January 07, 2018, 21:42:01 pm »
Hello. We are looking to buy a one bed apartment in Corralejo preferably on a complex, not to rent out, but for family/ friends to use free of charge. Tried several agents but nothing seems available at a realistic price. Is anyone looking to sell, €12500  is  our budget. Thanks

Offline spitfire58

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Re: One bed apartment
« Reply #1 on: January 07, 2018, 21:47:00 pm »
Hello. We are looking to buy a one bed apartment in Corralejo preferably on a complex, not to rent out, but for family/ friends to use free of charge. Tried several agents but nothing seems available at a realistic price. Is anyone looking to sell, €12500  is  our budget. Thanks

Personally at 12,500€ I would say you have NO chance. Average prices for a one bedroom anywhere here is minimum 55,000€. There are some on dodgy complexes in Costa Antigua last year for about 30,000€ but require a full refurb & apparently a lot of squatters around

Add on later:
By the way, we just bought about 12 months ago after a couple of years of extensive searching & comparison to come up with the best value/location for our budget. We think we got a bargain & we were 4 times your budget !!
« Last Edit: January 08, 2018, 21:06:46 pm by spitfire58 »

Offline Logitechtom

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Re: One bed apartment
« Reply #2 on: January 07, 2018, 22:18:12 pm »
Hi Richard,

Sorry, but the reply you have had is absolutely correct. Your budget is quite unrealistic at the present time. You really need to multiply it by four to be in with a chance.

If you did actually manage to find a property in that price range, the odds are it would be a money pit. There is a saying, if it looks too good to be true, it probably is.

Let the buyer beware.

Sorry it's not better news.

Tom

Offline Can the Man

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Re: One bed apartment
« Reply #3 on: January 07, 2018, 22:59:08 pm »
Hello. We are looking to buy a one bed apartment in Corralejo preferably on a complex, not to rent out, but for family/ friends to use free of charge. Tried several agents but nothing seems available at a realistic price. Is anyone looking to sell, €12500  is  our budget. Thanks

Hi Richard,

I have to concur with Spitfire and Logitechtom, you need to consider a realistic budget, otherwise you are setting yourself up for a fall.

Good luck hunting

Online vivafuerte

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Re: One bed apartment
« Reply #4 on: January 08, 2018, 11:03:09 am »
they where that money a few years ago when they where all run down and some had squatters in but now your looking at 70k plus for somewhere you would want to actually stay.

yes there are still 27k flats in Miramar in nuevo horizonte but they have squatters in, the pool is full of rubble and the place looks like a jail with every window and door having bars on and at night all the local theives and drug dealers either live in the complex or hang around their pals places there.



Offline emmi

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Re: One bed apartment
« Reply #5 on: January 08, 2018, 15:47:25 pm »
Surely that's a typo! Doesn't he mean £125,000! Not £12,500.

Offline spitfire58

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Re: One bed apartment
« Reply #6 on: January 08, 2018, 16:28:15 pm »
Surely that's a typo! Doesn't he mean £125,000! Not £12,500.

🤣😂🤣😂🤣😂

Offline F1REFLY999

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Re: One bed apartment
« Reply #7 on: January 08, 2018, 18:49:56 pm »
Does the €12500 Inc all fees associated with buying ? ;)

Offline Archer

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Re: One bed apartment
« Reply #8 on: January 08, 2018, 20:04:40 pm »
My garage sold for nearly 12k.

Offline Can the Man

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Re: One bed apartment
« Reply #9 on: January 09, 2018, 00:45:04 am »
Surely that's a typo! Doesn't he mean £125,000! Not £12,500.

I did think that Emmi also, but Richard has not been back to comment since he first posted the question.  ???  ???  ???

Offline Richard D

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Re: One bed apartment
« Reply #10 on: January 09, 2018, 15:24:04 pm »
Thanks for the comments. Been working away with limited Internet.  Yes it was a typo should have put 125000. Anyway hopefully got something sorted at Oasis Royal in Corralejo. Thanks again.