02 Oct 2008
Valued At 478,000 Euros - Now Being Auctioned At 290,000 Euros

Unique Living

UNIQUE LIVING AND SUTTON KERSH BINSTOCK AUCTIONEERS ANNOUNCE A JOINT VENTURE IN AUCTIONING OVERSEAS EUROPEAN PROPERTIES

Unique Living, established in 2002, is an international Real Estate company based in London selling superior, high end properties across Europe. The company is pleased to announce a joint venture with Hertfordshire based, Sutton Kersh Binstock Property Auctioneers.

On Tuesday, 7th October at Danubius Hotel, Regents Park, St Johns Wood a brand new three bedroom townhouse on a private secured estate just 15 minutes from Marbella on the Costa del Sol is being auctioned at a figure of 290,000 euros, a considerable drop from the price it was valued at recently which was 478,000 euros.

The property is within walking distance of the beautiful village of Benahavis and offers owners within the secure gated community, access to an indoor pool gym and clubhouse plus three outdoor pools. The property has been built to a very high standard and offers good rental potential.

“With the current market, people are becoming more realistic and those needing to secure money promptly need a quick solution to selling, the Auction House is an obvious answer”, says Serge Cowan of Unique Living.

Sutton Kersh Binstock Property Auctioneers is a company which was established in 2006 by James Kersh, (Managing Director) and Andrew Binstock (freelance auctioneer) and founder of AuctionYourProperty.com. The company hold 13 auctions per year

Says Andrew Binstock, Director and Auctioneer for Sutton Kersh Binstock Property Auctioneers “With the UK market currently in a state of extreme caution, we are finding that lots of our buyers are interested in diversifying their portfolios overseas. We have taken the decision to start offering a wider range of overseas properties having successfully trialled the concept at our previous three auctions. I think there are some very good deals to be had abroad”

Concluded Serge Cowan, “We deal mostly with high end homes but have been approached in recent months by property owners across the board asking for our expertise in marketing. Many people overseas at the lower end of the market who bought for investment purposes are more keen than ever to sell their property and I feel that this is an excellent way of producing sales quickly for those who need to consider this route.

It is very unusual for overseas properties to be sold in this way in the UK especially from such an established country as Spain. We anticipate a good result for our client and are looking to market other properties in this manner in the forthcoming months”.

Unique Living www.uniqueliving.com 0845 430 0185

Sutton Kersh Binstock Property Auctioneers www.skbauctions.co.uk

-ENDS-

EDITOR'S NOTES Unique Living combines Property Search and sophisticated Estate Agency services for those seeking superior properties in prime exclusive locations. Unique Living, International Real Estate, was established in 2002 and operates from our London head office. Founded by Serge Cowan and Sophie Hammond, Unique Living has simplified the search for overseas residences by bridging the gap that divides the services of Estate Agents and Property Finders. We pride ourselves on a personal approach to each transaction. Member of NAEA and FOPDAC (International)

For further information contact: NIGHTINGALES PR 01825 744091 linda@nightingalespr.co.uk