1 May, 2016 @ 14:58
1 min read

Spanish bank Sareb puts over 2,000 coastal homes on the market at cut prices

sareb bank

sareb bankBARGAIN buys are up for grabs along Spain’s coastline.

For the second year in a row, Spanish bank Sareb is offloading thousands of properties at cut prices.

Starting from €32,000, a total of 2,337 homes have been put on the market under Sareb’s Tu Casa a Toda Costa scheme.

The cheapest property is a one-bedroom apartment in Alicante, while the priciest pad is a 342 m2 luxury villa in Calvia (Balearic Islands) going for €866,000.

Meanwhile in Andalucia there are a number of properties on the market. The cheapest  can be found in Roquetas del Mar for just €38,000, while the priciest is in Sotogrande at €428,000.

Surprisingly, the second-highest priced property in the scheme is in La Linea, one of the poorest towns in Spain, and is on the market at €334,000.

The scheme runs until August 30.

Rob Horgan

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