29.09.2008 - Bank-owned property new golden buys in Spain
From Propertyinspain.net: Spanish bank repossessions are the new “Golden Buys” for British and other north European families and investors as property values slump below EUR 1,500 a square metre for a 2-bed holiday apartment with secure underground parking and communal swimming pool. That’s less than GBP 77,000 for a typically sized 60-65 square metre apartment with sunny balcony, fitted kitchen and sometimes even air-con. www.PropertyInSpain.Net the specialists in Spanish bank repossessions and Must Sell homes have a selection of bargains in fiesta village, Formentera del Segura, 10 minutes from La Finca Golf, one of the Costa Blanca’s best golf courses and Blue Flag beaches of Guardamar de Segura. The homes are bank-owned, carry current independent valuations and are offered with vacant possession, 80%-90% mortgages, easy-legal validation and deposits as low as £7,000.... Full Article: Source
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