The Sareb – Spain’s so-called Bad Bank – is preparing to sell a portfolio of luxury villas in a selection of upmarket destinations, plus country estates dotted around the land.
Known as Project Paramount, the luxury portfolio includes 35 homes in Madrid, Barcelona, the Costa del Sol, the Costa Blanca, and the Balearics, with combined value of €38m.
“Our Exclusive Homes – Project Paramount – catalogue will be coming soon and will include a select choice of exclusive homes located in prime tourist areas and urban city centres,” goes the blurb in the Sareb catalog.
Prices range from just under half a million Euros, to over three million Euros. The most expensive being a house in Aiguamurcia, Tarragona province (Costa Dorada, Catalonia), priced at €3.15m, with fifteen bedrooms, that was originally going to be a luxury hotel.
The rural properties are part of a portfolio called Project Harvest, which the Sareb describe in these terms: “A wide range of properties across Spain has been selected, including: hunting estates, cattle ranches, farms and olive plantations.”
Sareb web pages for Project Harvest and Project Paramount
The Sareb website has a page in English and Spanish for each of these portfolios, with a pdf in English you can download:
Justin Pardon says:
Hi. Can anyone help? Is there somewhere where we can subscribe to the list so we get the catalogue when it gets published?
sammy says:
By the time the list has been published the corrupt noses will have done their deals and left the through
GILLIE DIX says:
How right you are the best will go to those in the know So what is new?
France Fradet says:
What I want to know is how can a forced audit on a finca administator be asked for. We are being robbed, and there is absolutely no transparency, and my Spanish neighbours KNOW we’re being robbed, and I’ve proposed forcing an audit. Nothing ever comes of anything. Actually, typing about this make me feel ill physically: the smug-faced administrator of our pool and tennis area is deputy mayor of our town too.
Mark Stücklin says:
France, please put this question to the forum where most questions do get answered:
http://www.spanishpropertyinsight.com/forums/viewforum.php?f=30
Mark Stücklin says:
I have now added links to the respective catalogues – see the end of the article above.
Nick Drury says:
Hi Justin
Same here ! If you manage to find out can you keep me posted.
Kind regards
Chris Nation says:
Isn’t English spelling/pronunciation a nightmare? – trough/doff, through/threw, thorough/Curragh.
Anne says:
Here is the catalogue:
http://www.sareb.es/es-es/NuestrosActivos/Documents/Paramount_es.pdf
Kind regards,
Anne
sammy says:
CHRIS, TWAT/TWIT WE KNOW WHAT YOU MEAN. GET A LIFE MATE
Mark Stücklin says:
Spanish press reports that the Sareb has already sold 6 of the country estates.