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Investing - How do I know if the asking price for a property is legitimate

The right price for apartments on Cape Verde island

When looking at an apartment you could also check if other agents are selling the same property at a different price, it does happen. At least when you are on the islands you can have a good look around. Don't be pressurized into buying just because the agent says ' I must inform you that we have other people interested in this property’. What you have to think about is if you buy at a high price in the current climate, it’s unlikely that you will sell at a profit (but who knows!).

You may be able to put in an offer well below the asking price. If the person selling a property is asking too much money for it, or has had little interest in their property, they may consider dropping the price. Try it and see!

Marriage Blessings - Sal

Investing in Property

  

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