Looking for bank repopssessions in Spain? We have the perfect opportunity from with CAM Bank Mediterranean Homes. We have hundreds of Spanish repossessed properties to choose from on the Polaris World resorts in Murcia, Spain. CAM opportunities from one of the region's largest savings banks. You can buy distressed bank repos direct from the bank at hugely discounted prices. Discounts on properties of typically 40% from peak prices. Mortgages on offer at low interest rates (typically 2.25% November 2010) and mortgages for overseas buyers virtually guaranteed at 90% Loan to Value (LTV).

 

You can purchase a superb brand new repossession property from the bank at a huge discount with 10%. PLUS...these properties are on fantastic Polaris World golf resorts. This is quality product and not the usual rubbish you would expect when buying a bank repossession in Spain.

 

The process is straightforward too. CAM bank have an international department and ourselves as UK based agents with staff in Murcia to help with the mortgage application. We have managed many CAM bank purchases and mortgage applications and have the experience to ensure your purchase of a Spanish bank repossession is as smooth as possible.

 

We have six resorts to choose from in the Murcia region all offering Nicklaus designed golf courses and town centre facilities. These are well managed resorts popular with British and other European buyers of second homes.

 

CAM bank properties are available on several of our resorts in the Murcia region. Properties are heavily discounted from their prices of several years ago and offer some of the best bargains abvailable on golf resorts in Murcia and on property developments in Spain.

 

The mortgages on offer from CAM bank Spain are generous to international buyers thinking of buying a repossessed property in Spain. LTV of 90% is available to buyers from within OECD countries. Property buyers must prove income and have good credit reports to qualify for the mortgages.

 

Much of the stock of property repossessed from developer Polaris World is selling fast. With prices of just under half the level of 2007 and the pick up seen in the Spanish property market in Murcia since the credit crisis has fuelled buying from investors and those seeking a holiday home overseas.

 

The Murcia region offers excellent prospects for growth in property prices in the years ahead. The new airport at Corvera is set to open in 2012 and this will connect Murcia with countries further afield than the smaller current airport at San Javier.

 

With CAM properties Spain becomes affordable again for many buyers who in previous years may have seen prices drift out of reach. Now it is possible to buy on golf resorts in Spain at prices cheaper than five or ten years ago.