selling an apartment in this market

richard99


Joined: 22/07/2009
Posts: 12

Message Posted:
25/02/2011 21:42

In this present market, is it possble to sell property!!!!! Can you recommend any estate agents who would take on a brand new 2 bed garden apartment on the crystal bay marina site.

walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
25/02/2011 21:51

has it got deeds?

what type of deeds?

how much?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
25/02/2011 22:40

If the price is right you'll sell it no problem.

tonyhickey



Joined: 13/06/2007
Posts: 413

Message Posted:
26/02/2011 01:07

Hi Richard Which apartment block is it on Crystal Bay Marina and how much are you selling it for. Tony. Try North Cove estate agents.

Maz


Joined: 29/03/2009
Posts: 1924

Message Posted:
26/02/2011 01:26

Yes, try North Cove. They will give you good advice, but be prepared not to expect too high a figure. It seems many properties are selling at prices lower than in the past. Depends how important it is to you, I guess, and to whom you slel it. Good lucki.

chantalmin


Joined: 18/02/2011
Posts: 2

Message Posted:
26/02/2011 01:58

I think you should be more specific on what property you are going to sell.

If you do that many could advice you on your inquiry.

richard99


Joined: 22/07/2009
Posts: 12

Message Posted:
26/02/2011 12:25

CBM A1 block garden middle, all white goods, air con and 3K furniture package -- Uitlity connections paid.. has a contract but no deeds....

richard99


Joined: 22/07/2009
Posts: 12

Message Posted:
26/02/2011 12:27

Has the CBM marina site been complete fully? I am not going out until June.....

philbailey


Joined: 17/01/2011
Posts: 3534

Message Posted:
26/02/2011 12:28

Should this have FOR SALE in the title

tonyhickey



Joined: 13/06/2007
Posts: 413

Message Posted:
26/02/2011 15:11

Crystal Bay Marina is completed except for the blocks around the pool and restaurant, 9 blocks approx but Evergreen are finally doing some work on 2 blocks when we were there in August 2010. We are going out at Easter for nine days so hopefully there will have been a few changes. Tony.

Garythegeezer


Joined: 05/02/2007
Posts: 102

Message Posted:
26/02/2011 18:27

Yes it is possible to sell property in TRNC in the current market, we did last year.



You have to be very realistic with the price, why do people seem to think that property prices in TRNC have risen in the last 4 odd years?



It appears to me that Brits have fallen in to the trap of thinking that local house prices rise just the same as UK property used to do and why Estate Agents here push this myth I don't know.



Price your property to suit the local market and it can be sold, the locals know a reasonable price when they see it, just like the couple who bought our old place.

Turtle


Joined: 28/05/2007
Posts: 2669

Message Posted:
26/02/2011 19:08

A realistic price is the key.



My son has just bought his first house in the UK and he got it for £18k below the asking price so probably the UK is worse than NC ?

Maz


Joined: 29/03/2009
Posts: 1924

Message Posted:
01/03/2011 00:24

One of the off putting aspects of selling here is the very high estate agent's commission of 5-6%.Way, way above that of U.K, and then when you add on lawyers, removals, government taxes etc, one needs a decent price to cover expenses, or one loses thousands. However, if the move is vital then sell at a loss to move the property. Prices here are very static, and because of the political wranglings, and over building, prices are going down slightly. As to getting £18K off in U.K, it is relative. What percentage of the price does that represent. Here the prices are lower so the reductions are lower.



All depends on why you are selling. But be advised by estate agents, not just us!