Purchasing discounted properties in Spain.

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Perfect Property Spain was set up by local businesswoman Sandra Blakey and her Spanish counterpart, Pia, to market Spanish properties to individuals and families who are interested in acquiring one of the many quality property bargains in Spain – a perfect home in the Sun – all year round.

These Spanish properties are true bargains. Sandra and Pia work with owners of properties on some of the finest resorts in the Murcia and Alicante regions of Spain – better known as the Costa Blanca (North and South) and the Costa Calida.

These owners, who bought properties at the peak of the Spanish property boom now find themselves in a tense situation facing huge repayment mortgage commitments which they simply cannot afford (usually after interest only honeymoon periods). The Spanish developers overbuilt during the period up to 2007 expecting northern European buyers to keep on coming buying property at inflated prices for ever and ever – the ‘pot of gold’ of northern Europe. The bubble eventually burst which resulted in a large stock of unsold resort properties, developer bankruptcies, and a significant lowering of prices.

This all sounds like bad news and, unfortunately, for some it is.

However, enter Pia and Sandra and Perfect Property Spain. We are in the business of assisting all parties. The banks don’t want to repossess properties, but they will chase owners all over Europe for mortgage debt. Owners can’t/won’t pay their monthly commitments and developers want to get rid of their excess stocks.

We try to help the ‘distressed’ owner by negotiating an exit from their mortgage commitment (normally this is just before repossession takes place) and we try to find a buyer for the property. This is a win, win, and win opportunity for everyone. If we can find a buyer then the distressed owner can exit his debt (often mortgage and community fees etc.) without penalty or any embargo of any of his other assets.

The new owner has acquired often a fully furnished property ready for occupation at a hugely discounted price and the bank has not got to spend thousands of euros chasing debt. Our fees are paid out of the sale price of the property – so as you can see it is a win, win, win.

Recently we have completed on a couple of properties at La Tercia Golf Resort

  1. a 2 bedroom, 2 bathroom apartment facing towards the beautiful Carrascoy mountains and the El Valle was sold fully furnished for just over Euro 43,000 (just over £31,000) with buying costs of about 10%.
  2. a 1 bedroom property on another part of the complex was sold for Euro 30,000 (approximately £22,000).

The new owners of these 2 properties are completely delighted with their purchases and are in fact recommending our services to their friends and family. (See pictures of examples of this type of property).

Our services also include referring clients to a very experienced property lawyer (but also recommend clients look for independent lawyers), arrangement of NIE numbers (you can do nothing without this particular registration in Spain – including opening bank accounts, arranging utility supplies, buying property etc. – in fact we can help with a whole range of support services for new owners to ensure that buying your dream home is not a nightmare but a seamless and enjoyable experience.

The Murcia area of Spain has a huge amount to offer – it is the home of fresh Spanish produce from its huge agricultural industry (go the market on a Saturday morning and drool over the huge range of beautiful fresh produce straight from the local fields), great restaurants, sun, sand, golf courses, places to visit including World Heritage sights, places of special historical importance like the Roman Amphitheatre in Cartagena (where Hannibal set out from on his elephant trek to Rome over the Pyrenees and then the Alps), the charismatic city of Alicante (its more than just an airport), Caravaca de la Cruz – a great wine producing area with fantastic old buildings, the Mar Menor with wind surfing, sailing and the great City of Murcia itself with its wonderful shopping centre, beautiful Cathedral plus much, much more.

Some of our current opportunities include:

  1. La Tercia Golf Resort – 2 bedroom, 2 bathroom -FULLY FURNISHED – 45.000€
  2. Terrazas de la Torre Resort: 3 bedroom, 2 bathrooms – top floor- with a large sun terrace- fully furnished 85.000€
  3. Terrazas de la Torre Resort : 2 bedroom, 1 bathroom: 3 rd floor- big terrace- unfurnished – c.50.000€
  4. Terrazas de la Torre Resort – 2 bedroom, 1 bathroom- 2nd floor – big terrace- fully furnished- c 50.000€
  5. Villa in Aspe (not far from Alicante) Total plot 2.379 m2 and Villa 287 m2 built size. General accommodation comprising 5 bedrooms- 2bathrooms- 1 additional shower- swimming pool- solarium-fruit trees- storage room-big kitchen- big lounge – Euro 160,000 approximately

If you would like more information on any of these opportunities or just an informal chat about owning a property in this fabulous area of Spain, then please do give Sandra a call on 01202 802200 or email perfectpropertyspain(Replace this parenthesis with the @ sign)btinternet.com.

We can promise, no pressure, complete transparency and good honest old fashioned customer service. We want to keep you as our client and for you to recommend us to your friends and family so we treat every client with respect.

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PERFECT PROPERTY SPAIN – We can help you realise your dream of owning a luxury home in the sun easily and cheaply!

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