Daily Archives: November 30, 2012

Dealing with Spanish distressed sellers who have good property bargains-Part I

Spain is a distressed property market with thousands of motivated sellers looking to sell their properties. Not very long ago (from around 2004 to 2007), we were talking about a seller's market where prices were increasing to their peaks and difficult price negotiation processes were undertaken. I would have said that sellers were too spoiled at the time. Now the market has changed and sellers are

The bad bank does not really matter for overseas buyers and investors

The bad bank does not really matter for overseas buyers and investors: What matters is buying now at the lower ever price and minimizing risks.   Property market prices are reaching rock-bottom in main cities. In city centres and in prime coastal areas prices are stable. We understand that the creation of the bad bank will not much affect this trend. Moreover, the bad bank may help things t