Thursday, October 01, 2009

HOLIDAY VILLA PRICES REDUCED IN UMBRIA



Recent reports show that the cost of holiday villas, houses and apartments have reached a twelve year low and even here in Umbria property companies have taken note, cutting their prices to match the competition worldwide. As property investors have become savvier of late and after years of prices increases they are low looking for the ultimate in bargains.

With rumours abounding that the Market is about to change and despite the last years price fall they should be back on the way up. This is where the true speculator can make their money. Do you hold the prices low for another month; will villa purchases fall again next month? It’s a game of cat and mouse. At the moment the smart money is still on a price fall but would you want to gamble on that and end up paying more for that little piece of paradise you have been tracking over the internet.

Properties Umbria feel the market has finally steadied and have held their prices with a third discount off until the end of October. By then the money men should have resolved things and the economy will be back on the rise again. Don’t wait to long to put in your offer, you could be paying more next month.

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