If you are looking for a real investment opportunity then buying bank repossession can be a great way to find a real bargain, especially in the Murcia region, where visitor numbers continue to grow with the opening of The New Corvera Airport in 2013 and development Paramount Theme Park, because they will attract visitors from outside of Europe. Now there’s a new service from murciabankrepossesions.com which is much more than another property website, a service that first looks at the condition and legality of the property, before it is offered. http://www.murciabankrepossessions.com , working closely with the banks, have launched a service, dedicated to promoting properties in Murcia and surrounding areas, frontline apartments, on exclusive golf resorts, including Corvera Golf & Country Club, Terrazes de la Torres, La Torre, Condado de Alhama, with more than 70% discounts, starting from just€49k for a 2 bedroom frontline golf apartment.
http://www.murciabankrepossessions.com is part of InspectaHomeSpain group which specialises in providing professional, new property inspections and defects management. For 9 years via our services and website http://www.thesnaggingforum.com we have helped new property buyers, checking more than 3000 properties in Spain, to manage the buying process. Additionally we have developed a successful business providing property management and rentals through http://www.corveraholidays.com. The http://murciabankrepossessions.com 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. These properties may have been completed 2-3 years ago, they have been standing unused and not maintained and so defects such as water ingress are common. Because we are focused on Murcia we can then assist with furnishing and renting out the properties
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, for more information visit our website www.murciabankrepossessions.com
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 For more information, visit http://www.murciabankrepossessions.com
Tel Spain Office +34 868 462 854
Tel UK Local Rate 0117-3500341
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