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SPANISH BANK REPOSSESSIONS

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Hot Properties in Spain.Com are in regular contact with all the main Spanish banks and we have access to many Repossession Spanish properties that have been re-possessed and are sometimes offered for sale with up to 100% mortgages, although a 70% loan to value is more likely. If this service is of interest please let us know your wish list and we will search all the current properties that are currently being offered from the banks that will match your criteria and produce a short list for you. There are now some great value brand new Spanish bank repossessions where the developer went bust and the Spanish bank is now selling them at low prices which sometimes includes new kitchen appliances and air conditioning units. Prices from €70,000 for luxury apartment on golf resport

Although Spanish bank re-possessions can present bargains and should be considered we should point out that in many cases they are not the bargains they seem. Whilst the 100% mortgage appears attractive it can disguise the fact that the property may not be in the best location or the at the best price.

The majority of Spanish bank repossessions are for properties that were bought at the top of the market (high prices) and which have now dropped considerably in value and will not have any equity for the forseeable future. The most attractive properties are often not released to the public.

Also you have to be aware that some of these Spanish bank repossessions are not the bargains they appear to be because of the Spanish tax authorities. eg: Say you can buy a Spanish property with a 40% discount. The Spanish tax authorities will not allow you any relief on the discount. They will charge you 8% of the original valuation before discount. so BEWARE.

However occassionally real bargains become available a current example is detailed below

To be sure that you are buying at the best price check our service that includes a search of the other properties in the same area so that you can compare prices and values. 

You are viewing results 1 to 7 of 7
Ref:  CCM4-HDA-SPPueblo2B/7  BANK OFFERS- NEW luxury Apartments 2 bed, 1 bath on leading Golf Resort in Murcia
Ref: CCM4-HDA-SPPueblo2B/7 BANK OFFERS- NEW luxury Apartments 2 bed, 1 bath on leading Golf Resort in Murcia
Location: Overlooking the attractive walk ways and square of the Spanish Village area on the leading Golf Resort in Murcia   Price: €71,900 Euros (2 bed 1 bath) Ground Floor Apartment...
Our price: £65,000.00
Ref:  CCM4-HDA-SPPueblo2B/8  BANK OFFERS - NEW luxury Apartments 2 bed, 2 bath on leading Golf Resort in Murcia (copy)
Ref: CCM4-HDA-SPPueblo2B/8 BANK OFFERS - NEW luxury Apartments 2 bed, 2 bath on leading Golf Resort in Murcia (copy)
Location:  Overlooking the attractive squares of the Spanish Village and the course of the leading Golf Resort in Murcia Price: from  €91,385 Euros for a 2 bed 2 bath FURNSHED Luxury...
Our price: £83,000.00
Ref:  CCM4-HDA-SPOASIS2BF/12  BANK OFFERS - NEW Spacious Luxury Apartments with Quality Fixtures & Fittings, 3 beds, 2 bath, plunge pool, on leading Golf Resort in Murcia
Ref: CCM4-HDA-SPOASIS2BF/12 BANK OFFERS - NEW Spacious Luxury Apartments with Quality Fixtures & Fittings, 3 beds, 2 bath, plunge pool, on leading Golf Resort in Murcia
Location:  In the Oasis development on the exclusive Hacienda del Alamo Gold resort with 24/7 security and top Golf course Price: from €128,900 Euros - Unfurnished  for a 3 bed 2 bath...
Our price: £117,000.00
Ref:  CCM4-HDA-SPOASIS2BF/12  BANK OFFERS - NEW luxury Apartments 2 beds, 2 bath, plunge pool, on leading Golf Resort in Murcia
Ref: CCM4-HDA-SPOASIS2BF/12 BANK OFFERS - NEW luxury Apartments 2 beds, 2 bath, plunge pool, on leading Golf Resort in Murcia
Location:  In the Oasis development on the exclusive Hacienda del Alamo Gold resort with 24/7 security and top Golf course Price: from € 79,900 (2 bed 2 bath) Unfurnished - 2 bed, 2 bath,...
Our price: £72,000.00
Ref:  CCM4-HDA-SPOASIS2B/8  NEW luxury Apartments 2 beds, 2 bath, plunge pool, on leading Golf Resort in Murcia
Ref: CCM4-HDA-SPOASIS2B/8 NEW luxury Apartments 2 beds, 2 bath, plunge pool, on leading Golf Resort in Murcia
Location:  In the Oasis development on the exclusive Hacienda del Alamo Gold resort with 24/7 security and top Golf course Price: from €79,900 Euros - Special Promotion  for a 2 bed 2...
Our price: £73,000.00
Ref:  CCM4-HDA-SPPueblo3B/12  NEW Spacious Luxury Apartments 3 bed, 2 bath on leading Golf Resort in Murcia
Ref: CCM4-HDA-SPPueblo3B/12 NEW Spacious Luxury Apartments 3 bed, 2 bath on leading Golf Resort in Murcia
Location:  Overlooking the attractive squares of the Spanish Village and the course of the leading Golf Resort in Murcia Price: from  €128,900 Euros for a 3 bed 2 bath  ...
Our price: £117,000.00
Ref:  CCM4-HDA-SPPueblo2B/7  BANK OFFERS- NEW luxury Apartments 2 bed, 1 bath on leading Golf Resort in Murcia
Ref: CCM4-HDA-SPPueblo2B/7 BANK OFFERS- NEW luxury Apartments 2 bed, 1 bath on leading Golf Resort in Murcia
Location: Overlooking the attractive walk ways and square of the Spanish Village area on the leading Golf Resort in Murcia   Price: €71,900 Euros (2 bed 1 bath) Ground Floor Apartment...
Our price: £65,000.00
You are viewing results 1 to 7 of 7
HOT PROPERTIES IN SPAIN.COM (established 2002) Fuente Alamo, 30320 Murcia Tel: UK: (+44) 7485 418 270 Spain (+34) 679 004 607 email: info@hotpropertiesinspain.com