Comments on: Distressed Spanish Property Tours

By: Resale Centre

Resale Centre — Wed, 21 Jul 2010 15:51:15 +0000

Can see how it can work down in the Costa del Sol, but up here on the Costa Blanca south – they would find it hard to get the double decker buses through the one way streets of Torrevieja!

By: MostProperties.com

MostProperties.com — Fri, 25 Sep 2009 10:14:44 +0000

There was a documentary on Spanish TV about that kind of ‘tours’ recently. Prices mentioned were much lower than those listed here, but on the other hand, interviewed people were saying that they know about it from ‘a friend’ in the bank etc. so I’m not sure it was the same tour.
I wonder if the real bargain tours are only for ‘friends’, and not so ‘bargain’ for the rest of us [since the difference in price for similar - by the data in the post here - properties was huge].

By: Megan

Megan — Fri, 19 Jun 2009 06:05:37 +0000

Its definitely the best time for people with savings but unfortunately not for the majority of investors who aren’t willing to spend their money.

By: LiveMedCoast sl

LiveMedCoast sl — Sun, 14 Jun 2009 20:12:36 +0000

If these tours are so successful why is there a need to charge a “bus fare” What makes them so special, any agent worth his salt can show clients:-

1/ Genuine Distress sales
2/ Discounted property direct from the builder
3/ Bank repo´s

The question about the later of the three is “are they genuine bargains”

Time will tell if these tours become a success here in Spain, but my personnel opinion is not. As banks in Spain won´t take a loss like the American banks will..

Anthony Duggan