Press Releases and Media Information for Kyero.com
December 13th, 2006
When it comes to buying or selling a property in Spain remotely from the UK it can be a challenge to ensure that you are paying the right price. There is always the fear that you might be paying over the odds for your dream home or indeed are being taken for a ride if your property for sale is undervalued by local agents. There is no substitute for local market knowledge but how can you obtain this without packing your bags and moving permanently to Spain? Independent Spanish property portal, Kyero.com, may have the answer.
Being based in Spain with over 75,000 properties covering every province from 500 estate agents, Kyero.com are able to produce accurate and independent data on average property prices nationally, in each province and by property type. As Kyero.com are not property agents and do not receive commissions from property sales their data can be relied upon to be unbiased and, as the statistics are updated monthly in the Kyero.com Spanish Property Index, timely.
It's not just holiday home owners who are referring to the Kyero.com Spanish Property Index when purchasing or selling property in Spain, professionals such as Michael Smith from Smiths Solicitors, a legal firm specialising in overseas property, has also used the data in a recent legal case. Michael comments, "We used the Kyero price comparisons in a case last year where we had an incapacitated elderly client owning a property in Spain which needed to be sold. Her family had a power of attorney to deal with her affairs but it was important for them as trustees to be seen to be acting impartially and with due consideration for realistic sale prices. With that in mind we recommended using the Kyero.com Spanish Property Index which stated the average sales price of that property type in that area. This could easily be downloaded and referred to by a third party if required. The Kyero Index was also used to set the appropriate sales price for the property using local estate agents."
Michael goes on to comment, "We had found it difficult in the past to gain ready access to reliable and well thought through data that was not produced by companies with an interest in selling property directly. We would recommend to anyone thinking about buying or selling a property in Spain to begin their initial research using the Kyero.com Spanish Property Index."
Along with the Spanish Property Index, Kyero.com also produce other useful statistics such as the Price Trend graphs which chart the property prices over time in each region thus indicating if an area is up and coming, has remained stable or is in decline. Two new features launched this month are the "Hot Properties" and "Hidden Treasures" which list the most popular properties, towns and provinces searched for and those least in demand respectively.
Martin Dell, MD of Kyero.com, comments, "Our aim at Kyero.com is to provide the tools to make the buying and selling of property in Spain as easy and stress free as possible. The Spanish market is stable but still very competitive and we are pleased to be able to use our unbiased data to ensure purchasers get a good deal."
About Kyero.com
Winner of the 2007 CNBC award for Best Property Portal Spain and Best International Property Portal, Kyero.com is the leading web site connecting buyers and sellers of Spanish property. Featuring 90,000 properties from 700 estate agents, Kyero.com is privately owned and based in southern Spain.
Kyero.com is the first dedicated Spanish property portal to join the
Association of International Property Professionals
(AIPP), a consumer association setting standards and protecting buyers of overseas property.
Each month Kyero.com collates pricing information from thousands of properties to produce the Spanish House Price Index
Press enquiries to enquiries@abpropertymarketing.co.uk or contact any member of the Kyero team for further information
- email info@kyero.com
- web http://www.kyero.com
- tel +34 958 881 429
- fax +34 958 882 443
- write Apdo 604 18690 Almuñecar Granada Spain

