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Marbella Bargain Property – Costa del Sol Bargain Property
Now is the time to bag a distressed property at a bargain price
Welcome to Marbella-Distressed-Property.com we are property finders, specializing in Marbella Bank Repossessions, Costa del Sol Bank Repossessions, Marbella distressed property and Costa del Sol distressed property, all at genuine bargain prices. As the name implies a distress sale happens when somebody needs to sell a property quickly, for a multitude of reasons, Distress sales happen all round the World even when markets are "Hot" and very buoyant and not necessarily because property markets are collapsing. That's why the UK auction houses are, and have been so busy, (especially in the past boom times), with property developers investors and private individuals alike, searching for genuine distress sales resulting in obtaining a Bargain Property at auction. In Spain there are hardly any auctions, on the scale of the ones of the UK, but of course like the UK, Spain also has bank repossessions and distressed property sales. "That's where we come in!"
Why buy in Marbella or along the Costa del Sol Spain?
Spain is Britain's most popular venue for residential tourism. The Costa del Sol and Marbella is a life style choice with over 8 million people visiting every year. With 330 days of sunshine, many world-class golf courses, (to the extent that it is often dubbed "The Costa del Golf”,) marinas, shopping centers, international schools and European building standards and infer-structure have made Costa Del Sol Property incredibly desirable.
The Costa del Sol is one of the most popular tourist destinations in the world, it's miles of beautiful sandy beaches and fantastic weather which have kept tourists flocking back year after year to resorts like Torremolinos, Benalmadena, Fuengirola and of course the millionaire resort of Marbella and Puerto Banus.
For families there are theme parks, including water parks, go-karting, safari parks and many beautiful public gardens. For younger visitors the main areas of attraction are Benalmadena's Puerto Marina & '24 hour square.'
For the European and Worldwide millionaires there is the jet set millionaire resort of Marbella and the world famous Puerto Banus. Marbella also boasts the King Fahd’s Palace along side Marbella’s Golden mile. Marbella's motto is "A Way of Life" and, certainly, this luxurious resort town seems to have it all, especially as a favorite location with the rich and famous, as well as more ordinary folk who are willing to pay extra for southern Spain's answer to St Tropez.
Spanish properties are now bargains in the sun
Reuters article: 27/04/2007
Britons thinking about buying property abroad were told yesterday that the predicted collapse of the Spanish housing market would create a golden opportunity to pick up a bargain.
But there was little comfort for the many who have already bought homes in Spain. More than 250,000 properties along the Costa del Sol and the Costa Blanca are British owned.
"The housing market in Spain is about to implode," economists at Lombard Street Research warned yesterday, the day after shares in construction companies went into freefall on the Spanish stock market. The panic selling signalled an end to a housing boom that saw property prices rocket over the last decade.
Overseas property experts predicted that in the coming months property would go on the market at bargain prices.
"There is little doubt that Spain will become a buyer's market," said Jamie Liddell a property expert at Homes Overseas Magazine. "As the bottom falls out of the market we will see distressed sellers off-loading property for a lot less than they paid for it. In six months to a year, people will start to feel the pressure to sell," he said.
Those looking for a long-term investment could reap the benefits. "It will be the perfect time to pick up a bargain," said Mr Liddell.
But thousands of existing Spanish property owners now face major losses. "Speculators who have bought property in Spain over the last few years in the hope of making a fast buck have been caught with their pants down," said Mark Stucklin of Barcelona-based Spanish Property Insight, which provides advice on buying in Spain.
Particularly at risk are those who paid up front on off-plan properties in the hope of selling them for a high profit within a very short period.
"Many of those sort of investors may find that they own property that will never be completed as construction companies decide to cut their losses."
Low interest rates in Europe have fuelled the property market in Spain in recent years, but cheap money has led to speculators building more homes than required.
Last year more than 800,000 new homes were built in Spain, which amounted to more than in the UK, France and Germany combined.
Pierre Williams of Inside Track, the overseas property investment consultancy, said the bursting of the bubble of Spanish property market was long overdue. "Just as in the UK the era of automatically making vast sums of money on the back of rampant house price rises is over in Spain."
But he said that those who had invested well were not likely to suffer.
"That does not mean that those quality properties in quality locations can not deliver excellent returns as a mid to long term investment," he said.
Bank Repossessions - Marbella - Costa del Sol
Marbella Distressed Property -
Costa Del Sol Distressed Property
ATTENTION ALL MARBELLA DISTRESSED PROPERTY OWNERS!
MARBELLA COSTA DEL SOL DISTRESSED PROPERTY
DISTRESSED PROPERTY OWNERS WE HAVE
CASH BUYERS WAITING FOR PROPERTIES IN ALL PRICE RANGES
- PROPERTY OWNERS - WE HAVE CASH BUYERS IN ALL PRICE RANGES FOR MARBELLA PROPERTY BARGAINS CONTACT US NOW!
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ESTEPONA 2 BED BARGAIN 285,000 NOW 195,000 EUROS
ESTEPONA COSTA DEL SOL DISTRESSED PROPERTY
ESTEPONA PROPERTY BARGAIN
--- RECENT BANK VALUATION OF 280,000 EUROS NOW FOR SALE AT 195,000 EUROS FOR QUICK SALE ---
Bargain-Quality-Homes Marbella Property Finders
Marbella - Costa del Sol Distressed Property
Beds: 2 Baths: 2
€195,000 BRAND NEW 2 BEDROOMED 2 BATHROOMED ESTEPONA APARTMENT. THIS PROPERTY HAD A RECENT BANK VALUATION OF €280,000.
This Estepona Bargain...
Price: €195,000
MIRAFLORES 2 BED BARGAIN 265000 NOW 205,000 EUROS
MARBELLA COSTA DEL SOL DISTRESSED PROPERTY
MIRAFLORES RIVERA DEL SOL
REDUCED FROM 265,000 EUROS - NOW FOR SALE AT 205,000 EUROS FOR QUICK SALE
Bargain-Quality-Homes Marbella Property Finders
Marbella - Costa del Sol Distressed Property
Beds: 2 Baths: 2
REDUCED FROM 265,000 EUROS - NOW FOR SALE AT 205,000 EUROS FOR QUICK SALE. Miraflores, Riviera del Sol. This property is situated approxmately midway...
Price: €205,000
SANTA CLARA GOLF FRONT LINE VILLA ONLY 545000 EUR
MARBELLA COSTA DEL SOL DISTRESSED PROPERTY
SANTA CLARA GOLF
FRONT LINE SANTA CLARA GOLF - SEMI DETACHED VILLA ONLY 545,000 OPEN TO OFFERS FOR A QUICK DEAL!
Bargain-Quality-Homes Marbella Property Finders
Marbella - Costa del Sol Distressed Property
Beds: 3 Baths: 3
FRONT LINE SANTA CLARA GOLF - SEMI DETACHED VILLA ONLY 545,000 AND OPEN TO OFFERS FOR A QUICK DEAL! This is a south west facing semi detached villa...
Price: €545,000
VILLA BARGAIN SAVE 250.000 EUROS ON BANK VALUATION
MARBELLA COSTA DEL SOL DISTRESSED PROPERTY
MARBELLA VILLA BARGAIN
--- 2007 BANK VALUATION OF 1300.000 EUROS NOW FOR SALE AT 1,050,000 EUROS FOR QUICK SALE ---
Bargain-Quality-Homes Marbella Property Finders
Marbella - Costa del Sol Distressed Property
Beds: 4 Baths: 2
THIS PROPERTY HAS A 2007 BANK VALUATION OF 1300.000 EUROS, NOW FOR SALE AT 1050,000 EUROS FOR A QUICK SALE.
A lovely detached elevated Villa set...
Price: €1,050,000
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DISTRESSED PROPERTY SALES -
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Marbella-Costa Del Sol Bank Repossessions - We are Your Marbella - Costa Del Sol Property Finders - Marbella Distressed Property - Costa Del Sol Distressed Property - Bank Repossessions Marbella Distress Sales - Costa Del Sol Distress Sales Marbella Bargain Homes - Costa Del Sol Bargain Homes ---- Marbella Distressed Sales - Costa Del Sol Distressed Sales ---- Marbella Bargain Property - Costa Del Sol Bargain Property
