El Valle Resort Murcia Bank Repossessions 

 

El Valle resort is home to a Nicklaus Design 18 hole golf course with fabulous clubhouse and offers some of the most exclusive property on the Polaris World resorts. 

 

We have a small selection of Banco Popular bank repossessions including villas and apartments.

 

There is a selection of luxury villas on El Valle resort, many with frontline golf views. Three bedroom Alcor villas depending on availability are typically €300,000 - €400,000. Two bedroom two bathroom apartments from around €150,000.

 

These prices represent a huge discount from peak prices in 2007. Buyers can benefit from low mortgage interest rates and high LTV offers.

 

We have a fabulous range of bank repossessed property in Murcia starting from just €78,000.  There are excellent deals currently on apartments and villas with 90% mortgages.

 

Prices are up to 40% below the valuations and off plan prices of 2007. The mortgage terms on offer from the likes of CAM bank and Banco Popular include 90% LTV and mortgage interest rates at just Euribor +1%.

 

Many of the banks in Murcia are keen to lend to overseas buyers to clear the last of the hugely reduced properties that they don't need. There's never been such a tremendous opportunity for buyers to pick up bank property bargains in Spain at prices that we have not seen for over ten years.   

 

Bank Property in Murcia can offer an attractive return but it is essential to search for quality properties when choosing between the large amount of bank properties on offer in Spain as many of them are of poor quality and lack the facilities of a resort necessary for those seeking an overseas holiday home.

 

The new airport at Corvera in Murcia is expected to open in 2012 and will be just 10 minutes from the resort at El Valle making it very accessible to flights and airlines from all over Europe. With a longer runway than the current San Javier airport it will be able to accommodate larger planes and service international flights.  The airport will also connect with the high speed rail link throughout Europe.