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A Place in the Sun reveals Spanish auction details - 17 November 2009
Today sees the release of the official sale catalogue of the first A Place in the Sun auction, featuring 56 lots across Spain to be sold at London’s Radisson SAS Portman Hotel on Sunday 13th December 2009. All of the Spanish properties in the auction are in a ‘key-ready’ state and are brought to market at significantly discounted prices. Six of the lots are offered for sale with no reserve prices at all, and those with a reserve are being offered at up to 50 per cent less than market value.
The auction, which is being run in partnership with Barnett Ross, one of the UK’s largest independent auction houses, is aiming to build on the recent A Place in the Sun Live exhibition at Birmingham’s NEC, as well as emphasise to UK buyers that this is a good time to return to the overseas property market.
APITS Managing Director Andy Bridge explained: ‘A Place in the Sun brings buyers and sellers together at live events, through the magazine and online - the auction format is a logical and innovative extension of our business.’
Barnett Ross will be running the proceedings on the day to produce a professionally-run service for buyers and sellers alike. Jonathan Ross, auctioneer at Barnett Ross, added: “We see a real opportunity here. In 2007/08 we sold 17 of 18 Portuguese lots at auction and therefore are keen to explore the overseas market again. Our experience and expertise will help A Place in the Sun run what should be a fascinating event.”
In addition to the experience of Barnett Ross in running property auctions, customers will have the opportunity to consult with independent experts from other essential service providers. Chebsey & Co will be on hand to offer legal advice, Currency Exchange will give tips on saving money through effective currency transfers and Overseas Mortgage Finder will offer advice on mortgage products and availability.
For more information on the auction, and to order your sale catalogue, visit www.barnettross.co.uk/aplaceinthesun
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