Spanish Bank Property Repossessions Are they good value?18/02/2016
According to a study carried out by property portal, idealista.com, which analysed the 38,595 homes in Spain advertised for sale on their portal in January
from the various financial institutions, the majority of these dwellings are located in small or medium size towns, with approximately 66% of the banks’ homes are in towns of less than 50,000 inhabitants.
We find that the majority of homes for sale from the banks are in locations that there is not much demand and that is the reason why they are still on the market..
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