REPOSSESSION & DISTRESSED SALES LIST NOVEMBER 07
NEW REPOSSESSION & DISTRESSED SALES LIST (November 07)
We expect a new batch of repossessions next week, We have seen the potential list, there are a few potential bargains and a couple of amazing deals offering excellent value and the potential for upto 100% finance, including:
A couple of Luxury 2 bed, 2 bath, brand new developer repossessions available in a luxury development, surrounded by golf courses with sea and golf views, and walking distance to beautiful Marina & beach for under 200,000 euros each (approx 130,000 sterling). These have been valuing at 290-310,000 euros. And the last couple of repos in this development sold in 2 days to clients that made emergency viewing trips. We can send photos & plans to any interested clients, and a refundable deposit can temporarily hold the unit for a few days while you arrange viewing trip.
We should also highlight a couple of new "Very Distressed Sales" below, where due to personal problems, the current owners/buyers need to sell very quickly at enormous losses to avoid repossession and future bad credit. Offering both investors and holiday home buyers the opportunity of exceptionally cheap property, sold way below value.
1, Brand new luxury 2 bed, 2 bath, apartment with enormous (55 sqm) south/west facing terrace, offering stunning sea/golf/pool views, purchased for around 320k and now available for only 245,000 euros (approx 168,000 sterling). Click here for more info.
2, Brand new 2 bed, 2 bath apartment in one of the best Golf developments in "La Cala", we have two amazing deals sold at great loss to the current owners, for urgent sales, from 199,000 (approx 137,000 sterling) with valuations of 306,000 euros already carried out. Click here for more info.
3, Brand new Penthouse with enormous (80+ sqm) roof terrace offering sea/mountain/pool views, these units were originally sold at over 350,000 euros, however this very "distressed sale" now available for only 225,000 euros (approx 155,000 sterling) Click here for more info.
4, Amazing deal in Bel Air/San Pedro, Very Large 5 Bed luxury end of terrace townhouse in popular development by Los Flamingos golf course and only a short drive to Puerto Banus. Amazing Distressed sale price of only 420,000 euros (approx 289,000 sterling). Expected value 600,000+ euros. Click here for more info.
On many of these deals the exceptionally low prices also offer the possibility of borrowing upto 100% finance, even with only a 70-80% loan to value mortgage, contact us for more info.
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