SAREB change strategy in the sale of assets and Bank Repossession property

SAREB

The International Monetary Fund (IMF) believes that SAREB or ‘Bad Bank’ should change its strategy, adjust its business plan and base it on more realistic and conservative property prices. That way SAREB forecasts on the evolution of property prices would be more optimistic, thus pointing towards another significant price correction on its assets and bank repossession stock. Continue reading

Marbella International Property Show to capture foreign investors

Villa PadiernaAccording to Premier Marbella news sources, the Villa Padierna Palace welcomes from the 28th to the 31 st of May, the Marbella International Property Show an exclusive property showcase for foreign investors in the “Golden Triangle” (Marbella, Marbella, Estepona). Continue reading

Bank Repossession – Oasis Cala de Mijas

Bank Repossession – Oasis Cala de MijasBank Repossession – Located in the prestigious Valle de Golf,  but also very close to the sea with one of the best beaches on the Costa del Sol only 500 metres away, this first floor two bedroom / two bathroom apartment boasts a spacious terrace accessible from the living area and the master bedroom. Built to a high standard, including marble floors,  fully fitted kitchen , safety front door, double glazed windows thermo-acoustic, and many other extras. Garage and storage room are included. The complex is beautifully landscaped with subtropical gardens occupying 28.000m2 and a communal swimming pool. PRICE: 170.000 €

 

 

Bank Repossession – 5 star golf resort

Los FlamingosPremier Property International are pleased to present this Bank Repossession. Situated in the heart of Los Flamingos Golf Resort, between Marbella & Estepona with panoramic sea & golf views. Fusion of Mediterranean architecture with key contemporary tones. A total of 96 apartments consisting of 2 bedrooms units and 3 bedroom penthouses, all with a west orientation.  Garage, storeroom and parking for a golf buggy. Two swimming pools and two padel tennis courts.

Distressed Property Marbella

La Quinta HillsWith the imminent increase in VAT to 10 % on new residential properties programmed to take effect from the 1st of January 2013, it is anticipated that the best property deals in the coming year will be from the individual vendors. With the mounting social pressure against evictions, bank inflexibility and the dramatic reduction in mortgage concessions, motivated sellers of the so called ‘Distressed Properties’ in the Marbella area will have opportunity on their side. Premier Property International can put at your disposal a selection of these heavily discounted properties.