Bank bargain: Semi-detached House on sale in ARONA €129,500

Spanish Property Insight Forums Spanish Property Forums Property Questions & Answers Bank bargain: Semi-detached House on sale in ARONA €129,500

This topic contains 10 replies, has 6 voices, and was last updated by  Anonymous 5 years, 5 months ago.

  • Author
    Posts
  • #57556

    Anonymous
    Participant

    Surely this is getting into bargain territory? Semi-detached from BBVA in Tenerife

  • #117314

    katy
    Spectator

    Eh πŸ˜• Seen better council properties in Tower hamlets….bleak and unfriendly πŸ™

  • #117316

    The Australian
    Participant

    I have seen better prices.

  • #117317

    Anonymous
    Participant

    @mg: maybe they are selling the garage !!!

    @Mark: all very well but who does one deal with on 902 telephone number ?. We should also not forget the mortgages that are being offered are not very attractive in fact Banks are trying to recoup their losses on the mortgage products & as we all know mortgages are not for Christmas but for twenty five years of our lives.

  • #117324

    Chopera
    Participant

    I thought the banks were offering better mortgage deals on their properties. I’ve heard euribor + 2% mentioned a few times.

  • #117326

    Anonymous
    Participant

    @chopera: I have friends who have euribor +1%, +1.25%, +1.50%. These mortgages were taken out pre crises. In view of the current position & where some one wishes to take a property off the banks books & turn into a performing asset. I expect the rates to be lower than the above.

    I have not even mentioned the other cost i.e. cost charged by the Bank e.g opening fee, setting up fee, going for coffee break fee etc..

    @mgspain. In the present climate besides the exchange rate. If one has cash one should not use it. Any credit from anywhere should be used.

    I requested my HSBC business Manager for a car loan. I was asked why do I need a car. My reply because I don’t like to walk (not true) next question will the car be for business or private. I replied I will cut the car up in two and use one side for business & the other for private. This is suppose to be the Business manager would I have the confidence with this level acuman that she could help me with any aspect of my business ?.

  • #117328

    Anonymous
    Participant

    I enquired about those properties and they’re all sold, so someone obviously thought they were a bargain ❗

  • #117329

    DBMarcos99
    Participant

    @mark wrote:

    I enquired about those properties and they’re all sold, so someone obviously thought they were a bargain ❗

    Interesting – I suspect there is one poster on here who won’t believe that though! :mrgreen:

  • #117334

    katy
    Spectator

    No accounting for taste, hardly living the dreem with that nightmare, makes even a Wimpey semi look attractive πŸ˜† Kitchen is rubbish too. Perhaps a couple of trees would improve it…looks as if the place has had a chemical weapons attack πŸ˜‰

  • #117354

    Anonymous
    Participant

    It’s not really about taste, it’s about value for money. With a better budget you wouldn’t be looking down at the cheap end, would you. Also, I think you are wrong about the kitchen. I think for the price it’s quite a high spec.

    The cost is 784 €/m2. I can tell you that is significantly below the replacement cost with a land price = €0. Once all this stuff is sold off, which it will be, we’ll never see prices like this again (at least not until the next bust).

  • #82844

    Anonymous
    Participant

    Same place, same developer, still some units left they told me in response to my enquiry:

    http://www.casasideales.net/Forms/frmFichaInmueble.aspx?pRef=250298&pCulture=Esp

    http://www.casasideales.net/Forms/frmFichaInmueble.aspx?pRef=250822&pCulture=Esp

    WARNING! Weird music plays on the videos when you get there. Best turn your sound down a bit πŸ™‚

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