Re: Re: Following from Santander valuation



My Spanish bank are also pushing their thousands of repossessions on to existing customers. I’m not interested in buying, or selling at this stage, but had a look to satisfy my curiosity.

What they are offering is appalling, over-priced rubbish, at every price level, and they are not open to offers. They will never sell any of them, and they must know it.

Some of the lower priced apartments are also available for life-long rentals at something like 300 Euros a month. But they have invariably had all their fittings removed by the repossessed owner and have been vandalised. The banks expect the new tenants to carry out the necessary repairs.

None of it makes sense.