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Overseas Property News
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Banks to raise provisions for properties in Spain
Country: Spain
27 November 2009 The Bank of Spain is contemplating the idea of raising provisions made by the banks for bank-owned repossessed residential properties in Spain on to their books to 30% of asset value in 2010, from 20% due to be implemented for 2009, it has been reported today. The Spain property market has endured a torrid time over the past couple of years, following a real estate boom, with values plummeting across the country. Banks in Spain have been accepting property from struggling Spanish property developers who would have otherwise faced bankruptcy. Last month, the Bank of Spain told the banks they would be required to double their property assets provisions to 20% from 10%.
See Also: Bank of Spain, Marc Da-Silva, Spain
Some properties in Spain
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Price: 349,000
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Type: Detached
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Bedrooms: 5
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Please visit http://www.aliciafarm.com for full contact details, photos, slideshows and room plans. Ideal for anyone looking for a unique property in the Spanish countryside.
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View details | Enquire further
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Price: €72,543
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Type: Apartment
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Bedrooms: 2
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UNIQUE OFFER. Upper floor, two bed one bath maisonette with 54 metres solarium, in Condado de Alhama, Murcia.
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View details | Enquire further
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Price: €75,000
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Type: Bungalow
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Bedrooms: 1
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South-facing, furnished, upper floor, large (50m²) 1 bedroom maisonette with spectacular views over the pool and gardens, in excellent condition and in a very beautiful complex.
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View details | Enquire further
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Price: €76,740
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Type: House/Apartment
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Bedrooms: 1
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Crisp clean lines are the inspiration behind this project with each property meticulously designed by leading architects Eren Talu, renowned for the superb Hillside Su Hotel in Antalya.
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View details | Enquire further
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Price: €79,000
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Type: Apartment
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Bedrooms: 2
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Very attractive, furnished, 2 bedroom, second-floor apartment with a sunny, south-facing terrace with a seaview.
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View details | Enquire further
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Price: €79,000
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Type: Apartment
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Bedrooms: 1
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Quite recently-built, fully furnished and equipped, east-facing, 1 bedroom, third floor, apartment with beautiful pool and gardens, and storage-room. A delightful, quiet location with panoramic views over the surrounding area and to the sea.
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Price: €79,710
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Type: Apartment
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Bedrooms: 2
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UNIQUE OFFER. Ground floor, three bed one bath maisonette with 44 m² of terrace and garden, in Condado de Alhama, Murcia.
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Price: €80,000
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Type: Bungalow
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Bedrooms: 1
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Well maintained and completely furnished, 1 bedroom, east-facing, ground floor maisonette in a very attractive and popular development, with an enormous terrace and wonderful panoramic view through the trees to the sea.
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View details | Enquire further
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Price: €80,658
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Type: House/Apartment
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Bedrooms: 1
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Turkeys first residential golf resort. An 18 hole golf course just outside the popular holiday town of Kusadasi with stunning sea and mountain views.
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View details | Enquire further
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Price: €90,000
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Type: Bungalow
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Bedrooms: 1
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Extremely well maintained and completely furnished, large, 1 bedroom upper floor maisonette in a very attractive and popular development with a wonderful panoramic view to the sea and over the pool and gardens.
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View details | Enquire further
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Prices from: €355,000 Bedrooms: 2 Luxury townhouses in the centre of a world class, championship golf course.
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