PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Corvera Services

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Murcia Bank Repossessions Launch Website Offering Properties Direct from Spanish Banks - Murciabankrepossessions.com offers, through a close working relationship with the banks the opportunity to purchase luxury properties on golf resorts including Corvera, Mar Menor and Terrazes de La Torre
Murcia Bank Repossessions Launch Website Offering Properties Direct from Spanish Banks

 

NewswireToday - /newswire/ - Orihuela Costa, Alicante, Spain, 2013/01/24 - Murciabankrepossessions.com offers, through a close working relationship with the banks the opportunity to purchase luxury properties on golf resorts including Corvera, Mar Menor and Terrazes de La Torre.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The financial situation in Spain has been well reported, with the bank, poor exchange rates and drying up of mortgages which hasn’t helped the Spanish property market. Many developments were part sold leaving promoters in a difficult situation, having legally to finish properties and facilities, knowing that they would be left with properties difficult to sell and facilities that wouldn’t be used. Developers went out of business because resorts were financed by builder’s mortgages, money loaned against properties and they just couldn’t afford the payments and community fees. Buyers got cold feet and refused to complete on contracts, even though they had paid substantial deposits, refusing or not being unable to complete, because the banks withdrew
Mortgage offers or terms changed, buyers even agreed terms to cancel their contracts loosing substantial deposits, the result is a potential benefit to people looking to invest in what are properties on finished developments being offered at discounts of more than 70% from the original prices

Some developers looking to survive were left with little choice, to finish the developments, golf courses and facilities and hand back the ownership of unsold properties to the banks, as full or part payment of the mortgages, banks then left with assets that they have to dispose of offer these properties, at large discounts allowing buyers purchase directly from the bank and murciabankrepossessions. has now launched with a dedicated website, offering the best value Bank properties in the Murcia region of Spain including Corvera Golf & Country Club, Terrazes de la Torres, La Torre, Condado de Alhama, from €49k

murciabankrepossessions is a group company of InspectaHomeSpain, a company that specialised in professional new property inspections and defects management. For the last 7 years have helped new property buyers to manage the buying process but also developed successful businesses providing property management and rentals through Corvera Holidays The approach is different and because properties are often sold as seen, we check properties, prior to offering them for sale, recording the condition and grade allowing us to advise the buyer on the defects and any remedial works required, before you even view the property, saving the buyer time because defects are common as these properties may have been standing empty for 2-3 years, things like water ingress or fixtures missing are very common.

There are a few things to watch out for, the sales process can be more complex and take longer because of the additional red tape, which is why we are selective on which banks we represent The major difference is that these properties, although they are new and have never been occupied, are legally a resale property, legally owned by the bank and subject to the higher rate of IVA and additional transfer costs. They are sold as seen, they typically have been standing empty for many years and unlike a new property, where you can submit a snagging list for repairs, this is not offered. In addition on new you receive a 3 year guarantee for anything that results in the property being made non-habitable. You do have the 10 year structural guarantee still in place. Also there are no guarantees of items such as white goods, boilers, plumbing and AC units so these need to be checked carefully but with the availability and prices around there are some great bargains, visit for more information

Murcia Bank Repossessions are part of the InspectaHomeSpain group which includes Corvera Services and Corvera Holidays and have operated in Spain for 9 years with extensive experience in professional property management, inspections and rentals

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Corvera Services

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Real Estate/Property Management articles,
CATCH Visitors via Your Competitors Announcements!


Murcia Bank Repossessions Launch Website Offering Properties Direct from Spanish Banks

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Roy Howitt - CorveraServices.com 
+34 868 462 854 info[.]murciabankrepossessions.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Corvera Services securities in any jurisdiction including any other companies listed or named in this release.

Real Estate/Property Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Corvera Services / Company Profile


Read Real Estate/Property Management Most Recent Related Newswires:

Ede Costa Team Joins Berkshire Hathaway HomeServices California Properties
Berkshire Hathaway HomeServices California Properties Opens New Office in Brea
Berkshire Hathaway HomeServices Nevada Properties Opens New Southwest Las Vegas Office
Berkshire Hathaway HomeServices Nevada Properties Appoints New Las Vegas Branch Manager
Homenova, Inc. Launches A Website for Private Home Sales
Real Estate Executives Appointed to GLVAR Board in Nevada
Westcorp CFO Named Top Tech Exec in Nevada
Berkshire Hathaway HomeServices Arizona Names New Manager
Berkshire Hathaway HomeServices California Properties Names Larry Tait Yorba Linda Branch Manager
Progressive Realtors Launches New Website to Connect Home Buyers & Sellers
Americana Holdings Forms Alliance with ListHub Global in Three States
Manhattan Boutique Real Estate Joins South China’s Leading Luxury Property Show
17th Annual Kansas City Pagan Pride Day - Harvest Festival and Craft Faire on September 13th
Celebrity Staging Expert Announces Ask The Stagers Platform
Berkshire Hathaway HomeServices Arizona Properties Welcomes Hamlet Terry Team

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)