International Funds for people in Spain

International Investment Funds are coming back to Spain  to buy bargain properties. Mainly  owned by Sareb ( the Bad Bank).

More than 800 million of euros have been spent by this international investors in Bank-owned-bargain properties during the last 15 days. A good oxygen for…….  Banks?

A good oxygen that needs to be directed for the aid of  people who were sold the crazy mortgages in the crazy years, so, in my opinion, this is a good reason for banks to restart accepting dations, specially if the remaining debt is similar to 60% of the auction value the property was given to when mortgage was being formalised. 

 

©2016 CostaLuz Lawyers. All rights reserved. Privacy policy and cookies. Copyright and disclaimer.