The advantage of buying a repossessed villa in Javea is that banks are willing to offer all those interested in buying a repossessed property 100% of the mortgage required for the purchase to Spanish residents and 80% for non-Spanish residents. Depending on the Bank.
When you want to buy a bank property, you can make an offer and if accepted, you will have to pay a small amount to reserve your property. If for some reason the purchase could not be made, this money would be reimbursed without any problem.
With the crisis of 2007 many people have been unable or unwilling to keep the mortgages on their villas in Javea and had to hand them over to the banks. For this reason, the banks found fantastic villas in Javea that they have to sell as quickly as possible.
As the bank is in a hurry to sell these properties, the prices are much cheaper than the normal market price making this type of bank properties the best investment possible.
The climate, beaches and surroundings make Javea the perfect place to live all year round and Javea's bank repositions offer you the opportunity to buy your villa at a price well below the market.
Whether you are looking for an apartment, villas, townhouses or any other property, at Paradise Real Estate we have the bank respossessed properties in Javea that you are looking for and second-hand properties at the best price.
Do not hesitate to contact us.
