Welcome to our market update: Jersey Property Market Analysis 7th February 2025. It was a quiet week at the Royal Court, with just 17 transactions, none exceeding £1 million. The following examples highlight the ongoing opportunities in this buyer's market, with all reported sales completing below the asking price. 1.55Millennium Court, La Greve D'Azette was sold for £450,000. A...
Weekly Update with Danny: €30M villa in Zagaleta, a luxury apartment in London, new collaborations, and an exciting deal with The Ritz-Carlton group. We’re excited to announce the addition of a stunning €30M villa in Zagaleta El Unico to our portfolio. This unique property stands out with its striking curved design, offering something truly different from anything else on the market. We’ve just...
Welcome to our market update: Jersey Property Market Analysis 31st January 2025. The Jersey property market appears to be gaining some momentum with interest across both family homes and luxury estates. Properties like Cresta achieved their listing prices, indicating bespoke demand for high-end homes. However, with homes like 2 Oak Villas selling for less than the asking price, it suggests that...
Sharing Alexander Carmine's weekly update with Danny: Villas, Supercars, and Ski Trips This is a fast-paced update. Work was efficiently crammed into a few days this week due to travel, but we still managed to pack a lot in. Here’s a brief overview of what went down. I started with a few days in London before flying to Marbella, where I met with my business partner from another company. This...
Welcome to our market update: Jersey Property Market Analysis 24th January 2025. This week’s sales show buyers negotiating significant discounts, with prices dropping between 3% and 16% below asking. Reductions were seen across all property types, from luxury homes to cottages, indicating a broader market trend. Even sought-after locations saw price adjustments, while properties...
Welcome to our market update: Jersey Property Market Analysis 17th January 2025. This week’s market trends show buyers negotiating discounts, with all five sampled properties selling below their listing prices (3%–14% reductions). Price adjustments occurred across various property types, including luxury homes and apartments, even in sought-after areas like St Brelade and St Helier. The trend...
The Bank of England’s decision to lower the base rate by 0.25% is a welcome shift for many homebuyers. But what does this really mean for mortgage rates, affordability, and stress testing? Will Mortgage Rates Drop? A lower base rate typically leads to lower borrowing costs, but lenders don’t always pass on the full reduction straight away. If you’re on a tracker...
Sharing Alexander Carmine's weekly update with Danny which started off slow but ended on a real high, here's what he has to say. I’ve planned my travel for February, with the first stop being the Isle of Man, partly for business, partly to see family. We’ve signed a new listing there, and it’s one I’ve completely fallen for. It’s currently an empty plot with approved planning permission and...
Welcome to our first market update of the year: Jersey Property Market Analysis 10th January 2025. The Jersey property market continues to show dynamic trends, particularly in the First Time Buyer space, with a significant percentage of recent sales occurring within the £650,000 to £750,000 price range. Interestingly, properties are still selling for under their market value, presenting opportunities...
Danny's January Update: This week has been eventful, with a mix of challenges, achievements, and progress. 35M Euro Listing: Our €35M listing has taken a new direction in terms of how it will go to market. The vendor has opted for a highly confidential approach, which isn’t what I feel is best, but it’s what they believe is right. A lot of time and energy went into preparing for a public...