There is no denying that Spain is a great place to own a holiday home, with its fantastic climate, easy way of life and good infrastructure. However, over the past few years due to the changes in the economic climate throughout Europe, many properties were repossessed by Spanish banks from both property developers and individual owners alike.
Historically, these repossessed properties were very hard to find, with each bank working in very different ways and not having the processes in place to effectively sell real estate. Until very recently these bargains would be snapped up by bank employees or friends and family.
The recent upturn in the Spanish economy combined with large scale investments from international institutions, have resulted in a sizeable share of the bank stock being absorbed and the banks are now far more accessible for individual buyers.
DPI realised this opportunity very early in the recovery cycle and gained inroads into some of the largest bank networks in Spain, having access to exclusive repossession lists which are not available to the general public, we are in the fortunate position to offer lucky investors the chance to buy a great property at hugely discounted prices.
Benefits of our bank repossession services include:
To demonstrate what great bargains we are currently able to offer, browse the small sample list below which are available in the Costa del Sol, or register now for the full list of Spanish repossession properties covering all coastal and inland regions of Spain.
*The images used are not necessarily of the exact property in question, in some cases they will be images of the development or surrounding area.
If you would like to discuss buying a repossession property in Spain with a member of our specialist team dedicated to repossessions or would like to see a full list of Spanish repossession properties please fill in the contact form below:
As a Member of the AIPP we have been vetted and approved.
We have repossession properties available in all areas of Spain, including: Costa Blanca, Costa del Sol, Costa Almeria, Madrid, Barcelona and the Islands.
Contact us for more information on repossession properties in a specific area.