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Property Location: Costa Blanca south Clear

Bank bargains in Timeless Torremendo €45,000 :: Brand new apartments with communal pool in a well located town between golden beaches and verdant mountain forests where eagles fly and wildcats roam. Released by Spain’s Sareb bank at crazy prices to tempt international buyers.EoI We have a good selection of bright and light 2-bed, 2-bath apartments, including penthouses with rooftop solarium, shower and barbeque at prices from €45,000 to €52,500. The development, Urbanization Mirador 1, has been built high above the lush Vega Baja plains, close to the Sierra Escalona These homes are located in Torremendo close to Orihuela, a cultural…

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New apartments “less than build cost” deal :: Spain’s Sareb bank selling off unwanted residential block at €659 a square metre. Prices at Edificio Olympia, overlooking a leafy plaza at Real Spain town of Almoradi, are €62,000 for 3-bed 94m2 apartments and 5,000 extra with private garage.EoI These below cost apartments, in the low-rise block with lift, come with storage unit, fitted kitchens and bathrooms and utility room. They were built in 2007 and were subsequently acquired by Sareb at a massive discount from the original price-list after the local developer collapsed during the financial recession. Current asking price equates to…

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