Blogspot 53 start again 2

Good good

We are almost in a more “normal” normality.

WILL THIS NORMALITY BE AGAIN?

Altea is in phase 2 and will soon go to phase 3

They already allow consumption within bars and restaurants (40% capacity)

And everything is becoming a little more normal

ARE WE NORMAL?

Although the most important thing is missing:

Tourists

WE NEED THEM!

As “in theory” people from other provinces cannot come, nor foreigners

You can see the lack of people …

Above all we notice business

The stores almost don’t sell, because between there are no outsiders and those here do not have a hard, the poor are clear….

Anyway, difficult times …

But what I’m going to tell you?

It is  something that you already know!

Today I went to Altea for a coffee, and the sadness perceived in the shops and cafes is palpable.

NO clients!

I’ve never seen so many taxis together at the stop,

And I had coffee at the Philharmonic cafeteria that has exquisite coffee and some delicious things to sin ..

and there was nobody in the whole time I was there.

The waitress has told me that it is a terrible sadness to be waiting all day for someone to come in….

IF EVERYONE IS SAD, ONE SPREADS!

And I get it …

It is unfortunate

These useless politicians we have condemned us to economic ruin, all for not doing their job as they should.

And this will always be paid by themselves.

There is no remedy

The human being has been, is and will be this way, all life

Fly, butterfly …

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Let’s go to the real estate topic,

Which is what really interests us in our case,

SIRS…

I HAVE TO MAKE A VERY IMPORTANT AD:

If I had any doubts before,

I HAVE IT CLEAR!

Now I don’t even have the slightest.

Seeing the evolution of the economy due to the management of the pandemic by the Covid-19, and the economic ruin that has left practically the entire world,

And since I have been working with some clients who are in the area for a few weeks and seeing the reaction of many owners,

And as I see that the real estate sector is going to be clearly divided into two sectors:

The poor and the rich.

CAN YOU SEE THE DIFFERENCE?

As always and like everything in this life …

Does that sound familiar to you?

And since there will be a sector that will be able to do what it wants and others will be able to do practically nothing…

Well, I am clear.

What has been, is, and will be my sector

The one with luxury properties in Altea.

THIS IS MY NEW WAY!

I DON’T feel like fooling around with unsaleable and off-market properties

In addition, in the low-standing market (to name it in some way) all the new ones move and those who cannot manage the other market,

which is much more difficult and requires knowledge and experience,

and have high-level contacts to be able to close operations.

Also, since many unscrupulous people and little education move in that market, any commercial relationship is usually much more unpleasant,

come on, they play it for you very little …

THEY LIE A LOT!

Anyway gentlemen, if before I was very selective, now I will be much more.

I am aware that many will call me “facha” and disgusting classist, but if I confess the truth to you, at this point in my life I don’t give a damn!

Anyways, nowadays, they already call you “facha” for much less than that!

and those of my age, “carca”!

TAKE CARE! WHAT YOU SAY!

Then, for that, I decided:

WISE ADVICE!

And now, more than ever, I will follow this advice:

¡AT FULL!

Also, if it rewound, I think that never, with all the operations I’ve done in real estate, I NEVER sold anything to low-income people.

All my clients have been people of a good level, with their pluses and minuses in terms of personality (like me),

Sometimes we did not agree on ideas but they have always been correct “win to win” deals

in which all the parties were happy, which is basically the most satisfactory for an API (apart from charging fees, of course)

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We leave aside the personal aspect, and we go to the professional:

There is an article in the Expansión newspaper that tells the market contradictions quite well at the moment:

It is based on statistics from Tinsa, one of the most important appraisal companies in Spain:

And it is titled: “Tinsa: the price of housing stagnates in May”

I copy and paste some paragraphs, although you can read it in full here

“The appraisals carried out during the month of May by the real estate appraisal company Tinsa continue to show no statistically significant variations in the average prices of housing in Spain.”

That in Altea is true, apparently they have not dropped much.

But the reality is that not a hair moves (logical because there are no outsiders), but I have had many visits and great interest in an apartment that is below the market price (logical for these times),

and that it has moved local people who were looking for something like that.

Conclusion:

if it is not at a very interesting and attractive price, NO ONE shows interest.

We continue with the article:

“The alteration in the normal development of real estate activity as of March as a consequence of the health crisis has not yet caused statistically significant changes in the evolution of prices in the residential market, which began to show signs of stabilization several quarters ago. “Tinsa has assured.

“The average value of the different geographical groups in May is similar to the average of the preceding months of 2020, with metropolitan areas somewhat above a monthly increase of 2.7%,” said the director of the Research Department of Tinsa, Rafael Gil.

“For its part, the Mediterranean coast remains at levels similar to those of a year ago (+ 0.3%), despite the increase in the average value registered in May compared to April (+ 7.2%).”

Here I see a certain contradiction: it says that the average value registered in May has been 7.2% higher than in April, but maintains similar levels to last year.

I don’t get it

Do they go up despite the covid?

And as far as I know, not a single property has raised the price …

And then it’s already statistical:

“Likewise, the average price in Spain is 18.5% higher than the minimum registered in February 2015 and shows a cumulative drop of 32% from the highs of 2007

Compared to the maximum prices reached in 2007, the Mediterranean coast remains the most affected area among the five analyzed, with a cumulative drop of 42.1%, followed by the metropolitan areas, with 37.4%. ”

I go into this in the podcast:

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Now I am going to present you another very interesting property located in Altea Hills:

BIG LIVINGROOM WITH A HUGE TERRACE

It is a very large semi-detached house (388m2) with 5 bedrooms and 4 bathrooms, and which is partially renovated.

You need a small investment (about € 15,000) to finish it.

It is very spacious and comfortable and the value for money is spectacular.

THERE IS NO OTHER PROPERTY SIMILAR TO THAT PRICE

I leave you with the images:

LIVING ROOM WITH AMERICAN KITCHEN

SALON DORMITORIO INFERIOR

GARDEN

LOWER ROOM

SECOND BATHROOM

MAIN ENTRANCE

BEDROOM WITH DRESSING ROOM AND BATHROOM IN SUITE

GREAT DRESSING ROOM

MASTER BEDROOM WITH VIEWS

BIG BATHROOMS

LARGE TERRACE WITH POOL

And here the link to my website:

If you want more information, you already know where to consult me.

I leave you with the unsolicited advice of today:

PAY ATENTION

And let’s go to the “new” normality …

LET’S GO TO THE NEW “NORMALITY”

A hug and happy weekend

ABEL MICHELETTI