Like Dinosaurs, 100% mortgages in Spain are endangered of extinction… Scientist and teachers said that dinosaurs were awesome creatures, running wild and in control of the entire world, until a meteor hit the earth and change the course of history and produced their extinction. That was, according to mythology, the cause of its extinction. As with… Read more »
Posts Categorized: Spanish Bank Repossessions
British property investors set for a refund from Spanish banks.
The surplus of unsold new homes in Spain reaches 389,000 units, according to a report by Tinsa, a figure in two and a half years the time needed to absorb the stock. This means that the reference date is the first half of 2008 and that demand will be about 150,000 new homes a year…
The SAREB (also known as the bad bank) has launched a new campaign to sell 3,400 Spanish Bank Repossessions including houses, storage rooms and parking spaces, with discounts up to 60%. Half of the offer is located in Valencia, Andalusia and Catalonia and will be marketed through different online sites.