BANK REPOSSESSIONS

All banks holding stock of repossessed properties have now been instructed by the Bank of Spain to SELL them! These repossessed houses come from developers' bankruptcies or people that can not afford the payment of their mortgages.

We are currently working with a Spanish agent working with numerous Spanish banks.

If you are looking for a bargain it is sometimes a good option to take a look at the repossessed properties owned by the banks.

Banks will consider reasonable offers.

Also buying a repossessed property is usually the best way to get the best mortgage terms.  Please note that not all repossessed properties are guaranteed a mortgage from the banks, so if you do require a mortgage, ask the question prior to viewing.

PLEASE NOTE: Clients requiring a mortgage must have readily available deposit funds and relevant employment/credit check paperwork available for inspection by the banks.

Here is our list of the bank repossessed properties for sale in our region of Spain:

 

 

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