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Bank Repossessions in Spain

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Bank repossessions in SpainFirst For Villas can provide you with the very best range of bank repossessions in Spain. We work with the largest banks to bring you properties at major discounts. Bank repossessions in Spain are not only attractively priced, they also have excellent finance options with mortgages of up to 100% of the sales price and mortgage terms up to age 80. Bank repossessions are often available at discounts of up to 50% on the current market value and are currently some of the very best bargains available in Spain.

An example of the current offers available

Example 1

  • Buy a property and receive finance up to 80% of the value of the property. (90% for Spanish nationals)
  • No capital or interest payments during the first 3 years of ownership. Your mortgage will be paid for you for the first 3 years. No additional interst will accrue and you begin to pay in the fourth year as if you had bought the property at that moment. You can enjoy your Spanish property for 3 years in the comfortable knowledge that you have nothing to pay during this time.
  • No mortgage opening or assessment fees to pay.
  • Finanace available up to a 50 year term (as long as the youngest applicant does not reach 80 years of age before the end of the term)
  • All properties, parking places and storage rooms are included in this committment.
  • Interest rate after the first 3 years: Euribor + 1.30%
  • Properties discounted by up to 40% and offers considered.

Example 2

  • Buy a property and receive finance up to 90% of the value of the property (100% for Spanish nationals)
  • Properties discounted by up to 40% and offers considered.
  • Finance available up to age 80.

Contact Us For Further Information on oun bank repossessions in Spain or To Arrange a Free Viewing Trip

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