Auction Property in Spain, Spanish bank repossessions and distressed property sales, our database is constantly updated.
As well as auction and bargain property Auctions in Spain now have property repossessions directly from the Spanish Banks.
There are excellent property investment opportunities to buy Spanish villas and apartments at below the market value making this the right time to get into overseas property investments and the buy to let market in Spain.
These repossessions come with a 90% mortgage in place and are currently owned directly by the bank.
Up until recently information on bank repossessed property in Spain has not been readily available to the public and reserved for those in the know. Now however the Spanish government is applying pressure to the banks to sell this stock in order that the economy can move forward.
Now is your chance to own an investment property in Spain be it an apartment, villa or buy to let at below the market value.
Should you be an investor or just want to get on the property ladder now is definitely the time to buy, there are some fantastic bargain properties available in the Spanish property market and with a 90% mortgage available for the bank repossessions need we say more!
Latest Listings
Latest News
All fees wavered
Aug - 17
As of today Auctions in Spain have wavered all the service fees for buying a bank repossession property.The reason we can do this is because we have now secured an equivalent completion fee from the banks, in effect the banks are now paying our service fees.
Good news for everyone, so now you can buy a Spanish bank repossessed property ...Continue Reading »
October Deadline for Spanish Capital Gains Tax Refund
Jul - 31
October deadline for CGT tax refund in SpainIf you happen to have sold a Spanish property between 1997 and 2006 then you were illegally charged 35% Capital Gains Tax by the Spanish government.
Then the Spanish government imposed a capital gains tax of 35% on property sales by Britons and other EU residents, compared to 15% for Spanish nationals. ...Continue Reading »
Post Auction Property
Jul - 17
As well as bank repossessions Auctions in Spain are also adding post auction propeties to their portfolio, these are generally villas and apartments in Spain that have already been to a private auction and not sold for one reason or another.The reasons however are generally because of a low attendance at the auction.
Many of the owners of these properties ...Continue Reading »
Auctions in Spain and Direct Bank Repossessions
Jul - 15
Auctions in Spain now have listings of repossessed Spanish property directly for sale from the bank.Not only do these properties represent some fantastic savings but they also come with a 90% mortgage.
There are no estate agents involved and no commissions to pay, there is however a reasonable service fee should you choose to buy, Auctions in Spain arrange the viewings and ...Continue Reading »
