Cheap Bargain Distressed properties for sale on the Costa del Sol, Spain.
Here is a small selection of outstanding price reductions available in today's Spanish property market. For more detailed information on each individual property, click on the photo.
The following properties are all being offered at between 20% and 50% off - well below market value.
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Resort Owner liquidates stock. 41% off.
2008 Valuation 241,000€.
Now 140.750€.
2 bedrooms. 2 Bathrooms.
Build 70m. Terrace 8m.
Superb value. Well maintained complex with private beach access. Good rental potential.
2 bed Golf Apartment. Distressed sale. 25% off.
Original Price 199,000€.
Now 149.000€.
2 bedrooms. 2 Bathrooms.
Build 90m. Terrace 10m.
50,000€ off the price paid only one year ago.
4 Bed Villa. Excellent Marbella/Banus Location. 20% off.
Original price 650,000€.
Now 520.000€.
4 bedrooms. 2 Bathrooms.
Build 220m. Plot 450m.
Excellent location. Walking distance to Beach, Restaurants, Puerto Banus. Best price in the area.
Calanova Golf apartment. Mijas Costa. 43% off.
Original price 240,000€.
Now 135.000€.
2 bedrooms. 2 Bathrooms.
Build 80m. Terrace 20m.
Huge discount. Must sell quickly. Brand new. Furnished to high standard.
Modern Stylish Villa. Monda/Coin. Distress Sale. 44% off.
Original price 750,000€.
Now 420.000€.
4 bedrooms. 3 Bathrooms.
Build 385m. Plot 10,000m.
Desirable residence. Open plan style. Personal circumstances force sale. County property 10 mins drive from Marbella.
Bank Repossession Villa. Marbella. 50% off.
Original price 1,200,000€.
Now 595.000€.
3 bedrooms. 2 Bathrooms.
Build 286m. Plot 1087m.
Private Residencial Villa. Valued at 1,200,000€ in 2007. Excellent Value.
Quality Apartment Mijas. 48% off.
Original price 379,000€.
Now 195.000€.
2 bedrooms. 2 Bathrooms.
Build 118m. Terrace 16m.
Private exclusive complex. Sought after area. Luxury fixtures and fittings
1 bed apartment. Front Line Beach. Only 116,450€.
Now 116,450€.
1 bedrooms. 1 Bathrooms.
Build 63m. Terrace 6m.
Resort owner liquidates stock. Good rental potential.
Duplex Penthouse Frontline Benalmadena. 29% off.
Original price 420,000€.
Now 299.000€.
2 bedrooms. 2 Bathrooms.
Build 92m. Terrace 53m.
Breathtaking views. 121,000€ less than developer's price. Distressed sale.
3 bed Duplex Penthouse Estepona. 42% off.
Original price 310,000€.
Now 180.000€. OPEN TO OFFERS
3 bedrooms. 2 Bathrooms.
Build 155m. Terrace 30m.
Excellent views. Spacious accommodation. Further offers considered.
Penthouse apartment. Duquesa. Frontline Golf. 48% off.
Original price 289,500€.
Now 149.000€.
2 bedrooms. 2 Bathrooms.
Build 70m. Terrace 20m.
Fantastic reduction. Frontline golf penthouse. 5 mins from Port of Duquesa. Brand New.
Inland Townhouse Development 46% off.
Original price 295,000€.
Now 160.000€.
3 bedrooms. 2.5 Bathrooms.
Build 117m. Terrace 38m.
Huge developer reduction. 2 remaining units.
Calahonda apartment. High quality build. 29% off.
Original price 295,000€.
Now 210.000€.
2 bedrooms. 2 Bathrooms.
Build 93m. Terrace 43m
Best build quality in Calahonda. Sea views. Genuine distress sale
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Tinsa, a Spanish property valuation company used by several high street banks,has signalled that house prices will drop a further 20% over 2009. 01/03/2009
The Euribor, which is linked to the Central European Bank's base lending rate, is set to close the month of December at 3.47%.28/12/2008
Situated in the prestigeous Marbella location of Cabopino. Standard prices were from 450,000€ - 515,000€. These marvellous luxury homes can now be purchased for 350,000€ - 415,000€. 28/06/2008
Against the trend of bad news in the financial markets, the Euribor fell again to 4.381% (22.01.08). This is well below the rate at the end of 2007 where the rate had spiked to 4.79%.28/01/2008
Despite starting the year well with property prices rising in all Spanish regions,2007 has ended in December with prices 0.28% below where they started in January. According to Facilisimo.com, the region of La Rioja has been the worst affected, dropping 11.08% to 2159€/m2 , Madrid and Barcelona haven't avoided the falls dropping 2.38% to 3479€/m2 and 3.05% to 3777€/m2 respectively. 05/01/2008
The Euribor, the Central European Bank's base lending rate, is set to close the month of November at 4.60%.29/11/2007
Situated in the prestigeous Marbella location of Cabopino, these high quality south facing residences boast fantastic sea views. Golf lovers can also choose south west facing homes overlooking Cabopino Golf (Par 71). Standard prices were from 450,000€ - 515,000€. These marvellous luxury homes can now be purchased for 350,000€ - 415,000€. 06/09/2007
The Euribor, the Central European Bank's base lending rate, is set to close the month of October at 4.65%.12/07/2007
Resale property prices have fallen for the third consecutive month in thirteen Spanish regions including the province of Malaga.12/07/2007
The Deutsche Bank have issued a report on the Spanish economy entitled Spain 2020, the success story continues.12/07/2007
Fantastic new property investment just released in the Dominican Republic. This product, previously only available to the Spanish investment market is now available through Garratt Homes.12/07/2007