Property Portal Sees 25% Growth in FSBO Properties

Property-Abroad.com Ltd, a company that is collectively responsible for over 300 websites, each specialising in a particular county or area of the property industry, has announced a 35% increase in the number of properties for sale by owner (FSBO) since July 2008. Les Calvert director of the group said:

Hartlepool, United Kingdom, February 20, 2009 --(PR.com)-- "FSBO is really taking off for us as more people look to release capital or move. Also the downturn in various global markets and people realising they are not going to make the rapid gains they perhaps thought when they invested has brought many people to sell their properties as they rush to cut their losses."

"But not just that," continued Calvert. "More and more people are making the web their first choice for almost everything they, buy, sell, need to find out or want to achieve, so it is logical that more people would seek to sell their own property online, which is often less expensive and more cost-effective than advertising with agents. In fact FSBO has become such a growing market lately we have set up a new website specifically catering for FSBO properties: sell-my-property.com".

Sell My Property have some excellent for sale by owner properties, including a 3 bedroom house in for sale by owner in Murcia Spain, which can be bought for little over £70,000. Thought the property is in need of full renovation, the bargain price allows for that and the creation of a wonderful holiday home in Spain, or buy-to-let investment property.

Sell My Property.com is also listing an absolutely stunning 2 bedroom renovated farmhouse for sale by owner in Sicily. The villa, located in the south east of Sicily has retained all its original features and has been kept in the style of a traditional Sicilian rural abode. The property comes with 9 hectares of land containing olive groves and carob trees, as well as traditional Sicilian plants like Thyme and Sage. The villa is on one level and sleeps up to 6 people giving it incredible potential as a holiday rental property.

Sell My Property have hundreds of for sale by owner properties, find out more by visiting the site.

About Property Abroad

Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

Property Abroad LTD
182 York Road
Hartlepool
TS26 9EA
www.property-abroad.com

Chief Marketing Analyst
Liam Bailey
liam@property-abroad.com

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Property Abroad LTD
Les Calvert
0845 2000 467
www.property-abroad.com
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