Recent Costa del Sol property research reveals that 2,359 homes were sold in August - the highest monthly tally since May 2008 - up 25.6 per cent on the previous month and almost 30 per cent higher compared to corresponding month in 2009. If this data doesn't indicate that prices have bottomed out and buyers are moving into take advantage I am not sure what does. This is also reflected in parts of Costa Blanca as well. In Mallorca prices have actually risen 3.7% A growing number of Spanish property market professionals now believe that the market has bottomed out something I agree with and in Costa del Sol and Mallorca we hit that particular mark back in April however buyers still think they can buy property at prices they cant. I don't blame buyers for flexing their muscles in good times for buyers but the problem is the articles they are reading are leading them not to buy and more importantly these clients are missing out. A recent article claimed that the Spanish property market was overvalued by 47% and the UK by 32% and prices had to fall further. Now just ask yourself how far will prices fall in the UK and add the Sun factor into the Spanish market and you might begin to see that all these so called experts are missing other factors such as in Costa del Sol you can currently buy property for less than you can build it for. Property prices may have come down by 40% but the price of construction hasn't. In Mallorca and Marbella Town we find buyers much savvier as to what they can get for their money and when they have got a good deal. Maybe they make their own judgment call in that regard but one thing for sure if we could educated the press to the realities of the current situation than maybe potential buyers would become more realistic and not end up totally missing out.