Saturday 16 May 2009

Salcombe Land For Sale

These houses(land) were originally touted around as one house at over £2.5m...now you can get the land for £800k!! Still a mad price but a whole world away from £2.5m!!

Has the worm turned in Salcombe are we about to see more realistic prices return? The local estate agents would have you believe not, but it seems they quite often protest too much about "not falling" property prices and hence the end of their gravy train.

With no huge city bonuses around for the foreseeable future and falling house prices elsewhere who will have the money to fund the Salcombe housing market?

Interesting times...

2 comments:

Anonymous said...

What no more blog......there must be lots of Salcombe news esp after the bank hols weekend?

OODevon said...

I was away...more coming soon.

 
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