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Bank Repossession-Costa del Sol Property

Bank Repossession property for sale in Costa del Sol by First 4 Property

Nowadays the banks are the owners of a big part of the houses for sale in Spain. These repossessed houses come from developers’ bankruptcies and people that can not afford the payment of their mortgages. The houses repossessed are products highly sought after by experienced investors in the property market in Spain. But anyone can buy a house repossessed. If you are looking for a bargain is a good option to take a look to the repossessed properties owned by the bank. But be careful, all that glitters is not gold.

Bank Repossession – Repossession Process

The foreclosure process in Spain, that ends with the house repossessed by the bank , begins when the mortgage debtor has fallen in arrears after several months without paying his monthly mortgage obligation. The repossession by the bank follows a legal procedure that involves high costs for the debtor. Usually, once legal proceedings are begun, to the debt is added 30% more as late payment interest, legal costs and expenses.In this period, before it begins the procedure for repossession by the bank,

Here it is the list of the bank repossessed properties for sale in Costa Del Sol

Middle Floor ApartmentLas Lagunas

€ 77,300
Middle Floor Apartment, Las Lagunas, Costa del Sol. 1 Bedroom, 1 Bathr ...
  • 1
  • 1
  • 39 m2
  • 0 m2
  • Commercial PremisesFuengirola

    € 79,600
    Fantastic opportunity to invest in a freehold commercial property in t ...
  • 0
  • 0
  • 80 m2
  • 0 m2
  • Middle Floor ApartmentFuengirola

    € 98,300
    Middle Floor Apartment, Fuengirola, Costa del Sol. 2 Bedrooms, 1 Bathr ...
  • 2
  • 1
  • 66 m2
  • 0 m2
  • Middle Floor ApartmentTorreblanca

    € 128,000
    Middle Floor Apartment, Torreblanca, Costa del Sol. 2 Bedrooms, 2 Bath ...
  • 2
  • 2
  • 81 m2
  • 0 m2
  • Middle Floor ApartmentLas Lagunas

    € 133,500
    Middle Floor Apartment, Las Lagunas, Costa del Sol. 2 Bedrooms, 1 Bath ...
  • 2
  • 1
  • 62 m2
  • 0 m2
  • Top Floor ApartmentFuengirola

    € 141,000
    Top Floor Apartment, Fuengirola, Costa del Sol. 3 Bedrooms, 1 Bathroom ...
  • 3
  • 1
  • 74 m2
  • 0 m2
  • Middle Floor ApartmentLas Lagunas

    € 141,750
    Middle Floor Apartment, Las Lagunas, Costa del Sol. 3 Bedrooms, 2 Bath ...
  • 3
  • 2
  • 93 m2
  • 0 m2
  • Middle Floor ApartmentFuengirola

    € 143,400
    Property located in Fuengirola, Malaga, Costa del Sol. Bank repossessi ...
  • 2
  • 1
  • 59 m2
  • 0 m2
  • Middle Floor ApartmentTorreblanca

    € 153,700
    Middle Floor Apartment, Torreblanca, Costa del Sol. 2 Bedrooms, 2 Bath ...
  • 2
  • 2
  • 61 m2
  • 0 m2
  • Middle Floor ApartmentFuengirola

    € 160,000
    Property located in Fuengirola, Malaga, Costa del Sol. Resale apartmen ...
  • 2
  • 2
  • 81 m2
  • 0 m2
  • Ground Floor ApartmentLos Boliches

    € 161,500
    BANK REPO!!! Fantastic opportunity to acquire an a apartment in the po ...
  • 2
  • 2
  • 151 m2
  • 0 m2
  • Ground Floor ApartmentLos Boliches

    € 174,700
    Ground Floor Apartment, Los Boliches, Costa del Sol. 2 Bedrooms, 1 Bat ...
  • 2
  • 2
  • 87 m2
  • 0 m2