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Just when we thought that 100% mortgages in Spain were a thing of the past, along come 3 opportunities in Marbella offering full-price finance. Last week we highlighted the key ready Marbella developments of Santa Maria Green Hills and Los Lagos de Santa Maria Golf, and now we can add the development of El Vicario to the list. El Vicario comprises a selection of 2 and 3 bed apartments and penthouses, set in the hills of Elviria.
For those of you unfamiliar with the area, Elviria is one of the most popular areas of he Costa del Sol, and properties in Elviria are always in high demand. The home of the 5 star Don Carlos Hotel and the famous Nikki Beach Club, Elviria also boasts fine sandy beaches, an impressive 18 hole golf course, and an array of amenities that include shops, bars and restaurants. Continue reading »
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Most of the well-known Spanish banks have been massively exposed to the collapse of the Spanish property market, and many have been left with a huge inventory of empty stock, made up of repossessed homes on the Spanish costas or entire projects that the banks have taken on from developers in distress. Now, most of the banks in Spain have real estate divisions, with high street shops and websites advertising the properties for sale.
