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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 410. Some good offers by Banks...
Monday, December 13, 2010 @ 2:56 PM

Consumer Law is now more imperative than ever before on developers and Banks which dealt with off plan businesses in Spain during the building boom.

At present moment, the most of the stock is in Bank´s hands but these, being considered as assets, are actually heavy charges for their balances mainly due to the required provisions to Bank of Spain.

Beause of this and becasuse they see Law 57/68 liabilities being charged now against them, they are doing great, balanced offers:

50% discount properties with a 90% to 100% mortgage available.

Nothing else that fairness: a balanced, reasonable route to give life back to a death market.

Beautiful Grazalema



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