Tuesday, October 29, 2013
Interview with Andrew Queen, Golf Property Store, Spain
My name is Andrew Queen, and my company is the ‘Golf Property Store’ (www.polarisworld.org.uk or www.golfproperystore.com). I arrived here in Spain in 2003 after my family purchased a villa here (Villamartin). It really was for a 6 month trip away from it all. Soon after this I fell into the property industry working for a large property company that brought people in predominantly from the UK on 2/3 day Inspection trips. I enjoyed the job immensely and ditched all plans to return to the UK very quickly! After a few years the recession arrived and the days of subsidised trips were numbered. I met my partner soon after and my beautiful daughter Sofia arrived soon after that. Of course, the recession took its toll on the property business but I adjusted to the market and moved into the ‘Bank Repossession’ market, where prices were very attractive and mortgage conditions were preferable. This has seen us through the recession very well – people are always looking for a bargain regardless of the times we are in!
The one thing I did decide on very quickly was to concentrate our efforts on one area/product instead of spreading ourselves too thin. As such we concentrated on the Polarisworld Resorts in the region of Murcia – close to the Mar Menor. I knew the resorts very well after buying on one of the resorts myself a few years ago, and my daughter attends Kings College – a private British School attached to the Polarisworld resort of La Torre. With prices around 1/3 of the original costs it was a very good decision and we are currently in the process of expanding.
What has the property market been like this year?
In my honest opinion the market has definitely changed. Sales are at their highest for years and there is a definite mood of change in the air. Prices are creeping up on some of the resorts although there are still some fantastic bargains about...
Posted by Jamie at 6:06 AM