News feature for Euro Weekly News – and Property Mart Spain
DIRECT AUCTIONS S.L 2nd March 2005
Now heading into their second year of auctions, on the Costa del Sol, Direct Auctions are still leading the way with their innovative and unique way of selling properties in Spain. The main aim was to introduce a simple, open and clear method of buying and selling property within strict clear guidelines whilst keeping property prices keen. Direct Auctions have clearly found this a successful formulae. The auctions are very popular, well attended and with a healthy turnover of properties monthly, Direct Auctions have expanded their business to now include an on-line bidding facility. March 18th is the next public auction and auctions are held monthly thereafter. Purchasers may buy properties before the auction, on the day of the auction or after the auction. The process is very simple - view the listing of properties or download the catalogue from the website, view the selected properties on line using the virtual reality tour available with most properties, visit the property live and then make an offer either online or at the office before the auction or on the day of the auction in the auction room. If your offer is accepted, you may request any paperwork necessary and will be required to lodge a refundable deposit. Head towards completion and collect the keys to your new property.
So, what are the advantages of Direct Auctions? All the properties entered for auction are offered at prices considerably below the open market values and in all cases the vendors are serious sellers who recognize that offering their properties at a realistic price is the way to sell quickly. We achieve this by placing realistic values on the property based on actual selling prices of comparable properties and by only charging vendors the lowest selling fee to be found anywhere in Spain. There are no unforeseen debts lodged on any property for auction and if there were any, the deposit would be fully refunded. The property documents are inspected by our lawyers before entry to auction is accepted, which means there is no delay in obtaining mortgages or finding out just before completion that there is a problem with the property. The directors of Direct Auctions, Barry McEntee and Inez Rix have lived and worked in Spain for over 10 years and offer over 20 years experience of property sales in both England and Spain. Why not contact them to see what they can offer you. Tel 0871 990 30 90 from uk, (0034) 952 817 673, email : info@direct-auctions.com www.direct-auctions.com
