As we promised here is a classic example of a Bank Repo. Small House (Fenced Off & Repossessed). Puerto Cabopino area. Costa del Sol. Spain. The House: • 3 bedrooms • 2 bathrooms. • Large living room. • Family dining room. • Open fireplace, • Medium sized kitchen. • Garden with mature shade trees. • Plunge pool. • 10 mins walk to the beach. • Limited sea views. • Parking for 3 cars. • Total build 1, 535, 80 m2 Built in 1999, buy a Spanish family using local builders / architects. The property has been fenced off since it was repossessed. The property was repossessed by the Bank in 2019. Value today 2023 - € 340000 Euros. Rosario (Bank Manageress & our Friend), thinks an offer of €190000 will secure this deal). Today. Please Note: It will need around 8 / 12 K spending on it. Damp Proofing, Insulating, Painting and decorating, Gardening. The odd roof tile needs replacing. WC’s need attention and need retiling / brining up to date. You would need to check the Gas / Heating and Plumbing as it’s all been turned off for a very long time. The evicted family have surrendered the property peacefully. (For a change without ripping things out & trashing the place). They removed some kitchen items but nothing much. Water / Electrical / Heating related stuff remains in situ. Rental Income €1800 / €2500 per week in High Season once it’s all sorted out. Trust me Trust us on this one point please….. You are very unlikely to buy this property before it is snapped up. However it is a shining example of what is available in the Spanish market place, once we do a little leg work for our clients. Having friends in all the right places also helps. It’s all about “Who” you know in Spain. Please contact us by email or give us a call at your leisure. If we cannot get this for you, we will find something similar for you. Back to NEWS