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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 843. Bank´s urgency to sell
Monday, October 22, 2012 @ 9:05 AM

 Mainly due to the inminent set up of the Bad Bank, Financial Entities are selling with urgency:

 

- Santander

www.altamirasantander.com  with discounts of up to 70%. Santander is offering financing of up to 100% equity to 40 years with an interest rate of Euribor plus 1.25%. The portal offers a space for investors. 

-BBVA

www.bbvaviviendas.com discounts of up to 60% financing conditions: 100% Capital up to 40 years and facilities to lower the monthly payment by 30%.

 - Bankia

 Bankia, BFA Group's real estate subsidiary, will auction some of their homes between October 19 and November 13. The discount will range between 30% and 60%, and prices will start from € 40,000. Bankia is granting  mortgages up to 100% of the amount of the sale. The term can be up to 40 years and the spread over Euribor is 0.90 points, no origination fees. Currently, the real estate website www.Bankiahabitat.es there about 20,000 properties for sale.

- CaixaBank

The client is the one who sets the amount you are willing to pay. For the purchase of flats themselves, the Catalan offers mortgages for 100% of the price.

- Banco Popular

Aliseda Property Management, Popular Group, provides some 6,500 homes spread throughout Spain. Among its featured properties has several homes for sale in Valencia, Barcelona and Malaga. The bank gets to finance up to 100% with a  maximum period of 40 years, Euribor plus 0.50% the first year and Euribor plus 1.25% at all other times. Allows initial grace period of up to 24 months repayment.

- Banco Sabadell

  www.solvia.es  .The entity provides financing up to 100%.

- Banesto

"More than 1,000 houses for 9 euros a day" with a great offer in Alicante, Cadiz, Murcia and Valencia. Their website also offers a Clearance section properties with 4,000 units at prices of 20 years ago. The bank finances up to 100% Capital, 40 years, and allows you to set a fixed fee for the first three years.

- CatalunyaCaixa

www.cxinmobiliaria.com. The portal provides discounts of up to 70% in some assets. Provides for the purchase of properties preferential financing, giving the opportunity to purchase homes for 300 euros a month. Among the most significant developments, is a selection of properties from second homes from 40,000 euros (132 euros per month)

- Bankinter

- The entity's finances up to 100% of the purchase price for a period of up to 40 years for first and second homes, and with a spread of 1.20% Above Euribor.

- NCG Banco

The NCG Banco Real Estate Group, the result of merging the two Galician savings banks, homeownership is marketing 3737 and 5526 third. Since January 2012 has applied discounts from 29% to 78% of new housing portfolio, what has facilitated the sale of 2,138 own properties worth 221.3 million euros as of September 2012. In addition, external developers financed by the bank have sold properties worth 3640 324 200 000. Its web properties www.escogecasa.es highlights Pontevedra, Lugo Huelva and for less than 100,000 euros. His current campaign "Bye Bye Summer" offers 991 apartments from 33 700 euros and 127 townhouses from 70,699 euros. Finances up to 100% of the value of the home at 35 years.

- Kutxabank

The bank resulting from the merger of the three Basque savings banks in its web www.aiksa.com sells about 4,500 homes. The average discount applied varies with the quality of the home or premises, and can range from 5% to 20%, according to sources of the entity. Kutxabank explained that the criteria for granting mortgages to own homes do not vary with respect to the rest, with the rigor and risk control as fundamental.

- Safety EspañaDuero

Through the web www.giasainversiones.es, Safety EspañaDuero makes available to the individual homes with discounts varying between 10%, and 40%. It has a list of opportunities, with homes in Valencia, Malaga, Toledo and Madrid, among others.

The entity has a specific mortgage these homes, the Mortgage Net Real Estate Portal, which funds up to 100% of a term of 40 years and a spread of 1% over Euribor.

- Unicaja Bank

The Andalusian is among the banks with lower volume of real estate assets. Yet his property portal, Unicajainmuebles.com presents interesting offers, spatially on the Andalusian coast. In Malaga, Almeria and Cadiz, there buying opportunities from 53,000 euros.

- Liberbank

Cajastur owned bank, Caja Extremadura and Caja Cantabria has recently released the www.liberbankvivienda.es estate portal.

Típica Calle Vejeriega en La Janda Litoral

"Tipica Calle Vejeriana en la Janda Litoral", Vejer de la Frontera, Cadiz, South of Spain, by Manuel Acebedo, at flickr.com



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