Real Estate Offers in Madrid - Outlet Prices

This week saw a Winter Real Estate conference finish in Madrid, Spain's Capital. The theme this year was Outlet Residential, with incredible prices almost like tht of an auction going for a song. According to sources, the fair closed with a positive attendnce and many expositors were very happy with the results of their efforts over the three day period.

Given the huge amount of new properties literally collecting dust around Spain, the aim of the fair was to offer fantastic discounts on new properties, the great majority being apartments, with discounts of up to 40% on over four thousand individual properties. Accordning to news reports, some expositors were closing up to 15 deals a day, which is an amazing number of operations considering the current climate. Many who were interviewed said that they were begnning to see signs of the recession leaving the sector, although it has to be noted that there is a lo9ng way to go. All in all, good signs for the market, for the sector, and overall for the Spanish public. Let's hope this has a knock on effect around the rest of the country.

If you're looking for Barcelona Real Estate Agents to help with a property search, look no further than Modus Vivendi. Their Spanish Real Estate guidelines are a must-read for anyone new to the process. They also have a fantastic portfolio of Barcelona properties for rent.