Developers and banks to offer discounted properties in Madrid

Article Date : 06 August 2008

What to do about 25,000 newly built homes in Madrid that can’t find a buyer? On present trends that will be the size of the Spanish capital’s housing overhang at the end of the year, according to developers. Finally, it has dawned on developers that the only way to shift their stock of newly built properties...

Like this? Then share with your friends and colleagues!

Article provided by Spanishpropertyinsight.com.
Read the full article here: http://feeds.feedburner.com/~r/SpanishPropertyBuff/~3/357240987/

DISCLAIMER: The opinions expressed here are the views of the author of this news item and do not necessarily reflect the views and opinions of Propertyshowrooms.com.

Mortgage availability "surprisingly good" in Spain
Spain's top banks announce provisions for property losses
Exchange rates 'favourable for Brits buying property in Spain'
'Opportunities for investors' in Spanish retail property
Spanish banks 'must up provisions' for bad property loans

Developers and banks to offer discounted properties in Madrid

Like this? Then share with your friends and colleagues!

Related Articles

Let Us find Property in Spain for You

Subscribe to This Feed

Property News in Spain

Property News Search

News Archives