Beach apartment in La Duquesa, Manilva, Costa del Sol

SOLD!

Bank repossession with up to 100% finance.

Price: 175000 Euro!

First line beach 2 bed apartment with amazing sea views in La Duquesa, Manilva, Costa del Sol. The apartment is a bank repossession with very 100% finance available.
Don Juan will set a new standard in front line beach resorts in Spain.
The Apart hotel consists of 100 exclusive apartments and penthouses designed to maximize your holiday enjoyment, in the wonderful setting of Manilva.

The apartment has kitchen, living – dining room, two bedrooms, two bathrooms and two terraces. It is located in a private complex equipped with indoor and outdoor pools, sauna jardinesy features.

Beautifully landscaped gardens blending in total harmony with swimming pools, palm trees, waterfalls; all descending upon some of the best sandy beaches of Manilva on the Costa del Sol. Enjoying the facilities and service provided by a four star aparthotel this resort presents you with the opportunity to achieve the perfect balance between a holiday home and investment return. Not only is Don Juan Beach-Resort situated on one of Málaga’s most well preserved beaches, but its location is minutes from the charming nearby port, Puerto Duquesa just one kilometre away.

• Sauna
• Front Line Beach
• Transport Near
• Fully Fitted Kitchen
• Private Terrace
• Air Conditioning

Bedrooms 2
Bathrooms 2
Built 119 m²
Pool Communal
Garden Communal

How To Buy Spanish Property Repossessions

Are you a potential buyer searching for the best deal going on Spanish property?

Then bank repossessed property in Spain could definitely be for you!

But, what exactly are Spanish property repossessions and how do they come about?

Well, when people get seriously into debt, anything they own of value – such as property, cars, boats – can be legally “seized” or “repossessed” and sold to the highest bidder.

When a property is repossessed, it’s very often because the owner owes money to a bank or financial institution, and is unable to pay the mortgage.

If the individual banks or financial institutions don’t manage to sell the repossessed property – and, in Spain, they don’t usually make a tremendous effort to do so – the property will eventually go up for Official Public Auction in a Spanish Court of Law.

In Spain, up to three Public Auctions can be held for any given property.

With the first two, a guide price or reserve is set, this guide price being lowered for the second Public Auction.

If no-one buys the property and it goes to a third Public Auction, the guide price is completely removed, and the property will go to the highest bidder – however low that bid!

This, of course, is when you can bag real Spanish property bargains!

Repossessions in Spain vary from countries such as the UK, where strict regulations exist to ensure that banks or building societies obtain the best offer for any property.

And the result?

You can get terrific bargains buying repossessed Spanish properties!

What’s more, you’ll discover there are a variety of ways of stepping in and buying the repossessed property before it actually gets to Public Auction!

So, do give some thought to Spanish property repossessions.

If you’re considering buying a place in Spain, you’ll have to do a fair amount of property research anyway.

The main reason for this is that, in Spain, absolutely anyone can open up as a real estate agent.

There’s no need to have any qualifications … or even to speak Spanish for that matter!

So, when buying a normal property through a real estate agent in Spain, you’ll need to know what you’re doing and employ your own lawyer to act on your behalf.

You’re sure to enjoy both the experience … and the profits!