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Yours for a fiver:
How a Costa Del Sol seller is
trying to shift his apartment in Spain.
Could this be the start of a new selling trend
or just another symptom of the stagnant Spanish property market?
When a 3-bedroom property in Marbella, went on the market, its owner Neil
Hudson, hoped it would fetch over £500,000.
Yet, despite many years of viewings,
the 1,614sq ft property failed to sell due to the slow Spanish market, too
much competition and lack of buyers.
Raffling a home for £5 per ticket is not a new
concept as several UK homeowners have tried similar competitions in recent
years and many have failed.
The promoters of prize draw competition have said that they will not make
the mistakes other competitions have made.
Speaking to Prize Draw Competition, Neil Hudson who is also the owner of
the property
said:
“Some other competitions have been run very amateurishly and what seems
like an easy scheme to organise actually requires a huge amount of work.
We have spent two years doing our market research and our planning. We have
entered many property raffle competitions to win of course,
but also to make sure we fully understand the positives and negatives from
these.
It is essential also that the general public has full confidence in the
scheme. We have done everything to ensure that the correct legal framework
is in place.
It is fully compliant with the UK Gambling Commission’s guidelines and the
draw will be streamed live online and overseen by independent adjudicators.
The winners will be selected by a random generator and the source code for
this has been published online to prove its legitimacy..
We have also made sure that we are using experienced marketing companies
and have publicity campaigns being implemented,
both off and online as ultimately it is a numbers game and needs to be seen
by many millions of potential winners to sell enough tickets and most
other schemes have floundered from
not putting enough resource into the marketing.
We are not limiting ourselves to just UK entries, but are publicising this
worldwide and give it the maximum exposure it deserves.”
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