In common with most other overseas property agents Silverhouse Property have been seeing the largest rise in enquiries and sales in the area of ready built, completed properties.   

These would be typically stock of new property held by developers which haven't been sold due to market conditions or properties where the original purchaser has had to withdraw.    

The reason for this increased interest in completed properties is clear, people are understandably now very cautious when considering the on-going solvency of developers.  If a deposit is paid on an off-plan property the concern is will the developer still be about to deliver the property in 1, 2 or however many years time? 

By purchasing a completed property clients can obtain an excellent price and have no such risk as described above - the money is paid at the same time as the completed property is transferred and registered in the purchasers name.

A second and very notable development is that of the disappearance of most investors from the market.   This isn't due to an absence of good deals  or  even outright 'bargains' but due to an absence of investor finance.   Most buyers now are private buyers looking for a holiday or retirement home...or small investors.    These buyers typically look at cash purchases or purchase using finance raised largely in the UK and, as the pendulum has swung firmly in their direction, they are now able to take full advantage of the current prices.