Daily Archives: November 22, 2010

The Spanish property market gets more aggressive

Spanish Banks have started the race of selling repossessed houses and flats by offering large price discounts and also by decreasing lending to buyers coming from State Agents. Banesto, La Caixa, CAM and Caja Madrid have launched aggressive marketing campaigns to attract home buyers in order to reduce their stock. Like in a high street after Christmas, buyers have now 50% off marketing campaign