Does this mean that any property can be sold at a high price?

Not necessarily.

One of the most common mistakes homeowners make is setting the asking price of their property based solely on the prices they see advertised on property portals.

However, the advertised price and the actual selling price are not the same thing.

To determine an appropriate market value, several factors should be taken into account, including:

• location and the specific area;
• size and layout;
• condition of the property;
• floor level and whether the building has a lift;
• terrace, orientation and views;
• parking and communal areas;
• legal and Land Registry status;
• supply of comparable properties;
• current demand;
• and comparable transactions.

A property that enters the market at an excessively high price may remain advertised for months and eventually lose its appeal to potential buyers.

By contrast, a correctly defined pricing strategy can increase the chances of attracting serious interest from the very first weeks of marketing.

So, is now a good time to sell?

Current figures show a market with high property prices but some moderation in the number of transactions.

Rather than trying to predict the perfect moment to sell, it is therefore essential to understand the actual market value of your property and the level of demand for that particular type of property in its specific location.

Even two properties located in the same town can perform very differently on the market.

Are you thinking of selling your property?

At NT Gestión Inmobiliaria, we assess each property individually.

We analyse its characteristics, location, competing properties and current market conditions in order to establish an appropriate marketing and pricing strategy.

If you own a property in Málaga, Alhaurín de la Torre, Torremolinos, Benalmádena, Fuengirola or elsewhere on the Costa del Sol and are considering selling, we would be happy to discuss your situation with you.

Would you like to know what your property could be worth in today's market?

Contact NT Gestión Inmobiliaria and we will assess your property individually.

The information contained in this article is for general information purposes. Statistical data refer to the sources and periods indicated. Property market conditions may vary depending on the municipality, specific location and characteristics of each property.