This year has seen, some might say inevitably, a drop in the quality of finish and in the levels of "perfection" as many workers would say, all across the sites in the Algarve. This is not counting the sites that have, sadly, just stopped.
At Snagging Overseas, we have had an increase of 43% of the size of our snag reports and paperwork. Presumably the drop in commercial activity is having a knock on affect as our developers struggle to combat the lack of credit and the overall lack of liquidity in the market.
We believe this is a temporary glitch, but would always recommend that when buying property in these difficult times, choose a builder with a solid reputation. From our extensive experience we would be happy to recommend one for you.
At Snagging Overseas, we have had an increase of 43% of the size of our snag reports and paperwork. Presumably the drop in commercial activity is having a knock on affect as our developers struggle to combat the lack of credit and the overall lack of liquidity in the market.
We believe this is a temporary glitch, but would always recommend that when buying property in these difficult times, choose a builder with a solid reputation. From our extensive experience we would be happy to recommend one for you.
Snagging should be a simple checklist, not a protracted battle, and we are confident that this industry, although suffering a lack of confidence, will return to its vibrant and dynamic state.
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