Is this long-term sustainable? Favourite Spanish Property Insight › Forums › Spanish Property Forums › Real Estate Topics, News & Discussion › Is this long-term sustainable? This topic has 0 replies, 1 voice, and was last updated 10 years, 7 months ago by Anonymous. Viewing 0 reply threads Author Posts April 29, 2009 at 12:27 pm #54940 AnonymousParticipant It seems that Bank Santander has purchased property worth 500 Million Euros in Jan-March 2009 and has gotten 100 Million Euros from sales. So a 400 Million negative outflow in 3 Months. I know that they like to sit on properties till they hope the price rises again, but can they afford to pay 1.6 Billion Euros per year to do that? http://www.idealista.com/news/archivo/2009/04/29/068644-banco-santander-gasta-500-pisos-vende-100 Author Posts Viewing 0 reply threads The forum ‘Real Estate Topics, News & Discussion’ is closed to new topics and replies.