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Might be just a gimmick – I haven’t looked into it – but it’s getting a bit of coverage in the Spanish press. The developer Realia (belongs to Bankia I think) has this promo inviting people to make them an offer on 4 developments on the Spanish coast:
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I have seen their development in Mijas. It is near the race course a long way from any facilties including public transport. I think it has four blocks on a slope with very little green area & it does not have parking or storage. For me to be tempted the prices have to be reduced 80%/.
The discount will go towards life time of taxi fares.
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@shakeel wrote:
I have made an offer via their website for €30k. Love to be a fly on the wall when the person reads my message. I think he/she she would be praising my offer with remarks like ” Hijo de puta “
Careful, they might take you up on it! I tried to buy a 2 bed townhouse in Javea last month that Santander were offering for €74k, but someone beat me to it. Judging by that, they might well be prepared to sell those flats in Denia for less than €50k.
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I will be glad if they take me on it and a mortgage of 1% above Euribor that I can take to my grave. I have not been to Denia for a while I always found Denia to be very Windy.
Whilst people like you are looking for a bargain & rightly so when the tables are turned. My approach is that I am doing the Banks a favour in taking off a their hands a non performing loan.
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@Chopera: Even if your offer was accepted. Do honestly believe that they have the mechanism to see it through. I very much doubt it.
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@shakeel wrote:
I will be glad if they take me on it and a mortgage of 1% above Euribor that I can take to my grave. I have not been to Denia for a while I always found Denia to be very Windy.
Whilst people like you are looking for a bargain & rightly so when the tables are turned. My approach is that I am doing the Banks a favour in taking off a their hands a non performing loan.
I was in Denia over Easter and yes it was windy – especially to the north of the town in the area called las marinas (which is close to where those flats are). There seemed to have been a lot of development on that side of town.
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I have now heard from Realia. They have stated that my offer was too low. However what they did not state to me was any indicative price that they would be willing to accept.
I am however grateful that they atleast replied to me within twenty four hours. Something others have not bothered for months.
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Any kind of reply from a business in Spain in what ever form e.g in writing, telephone, email is never replied.
Spain has a mentality of face to face dealings. This along with telephone call are not answered as the person you wish to speak is always in meeting. While I appreciate the importanvce of a meeting but when the whole country is in a perpetual meeting one wonders how the decsions made in the meetings are implemented.
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I went to view a CAM property a year ago. After viewing I decided I wasn’t interested but I asked if they had any other properties for sale, and the agent mentioned there was another nearby but he’d rather not show it as it was up a steep hill and he was fed up with walking up the hill to show people around. I actually felt for him. He was being paid to show people around properties that he knew nobody would buy, and he had no authority to negotiate on behalf of the bank. The price was fixed.
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