At first glance I thought it was this property you had posted on so I thought the drop was bigger. This one is a similar size and style just down the road asking €775k!
I do not know how the above vendors think that over a 200k price gap is justified. These are the type of houses that would think would suit a family with kids where Dad earns maybe 100k, so if you use the income multiplier of times 4 or five I think they may settle at about 450k?
And this one now €635k, down €140k.