Investment in bank real property in Spain

INVESTMENT IN BANK REAL PROPERTY IN SPAIN

BANK REAL PROPERTY IN SPAIN TAKES A SPECIAL PLACE IN THE MARKET.

Since the construction market was actively developing in this country over the past decades, every day people entered into many deals of purchasing a residential space using a mortgage.

But at a certain period the crisis made its own changes and made the banks of Spain one of the largest property owners. Prices for such real property in Spain are much lower.

Accordingly, this is another field for profitable investments. Our company works directly with the largest banks in Spain and will help you to find the best deal. However, it should be borne in mind that real property owned by the banks often requires renovation or other finishing works in order to make it attractive to purchasers or lessees. These are either residential spaces almost ready for lease, or hotel complexes.

We can offer you deals from already functioning hotels, ready to lease such complexes with the annual income for you from 150 thousand Euro depending on the hotel size.

WHAT DO YOU NEED TO UNDERSTANDING IF YOU WANT TO INVEST IN BANK REAL PROPERTY:

1

Purchase of bank real property

involves acquisition of a large property entirely at a price much lower than the market price. The minimum amount of such investment will be 700-800 thousand Euro.

2

By purchasing bank real property,

you acquire a facility at the stage of 70-80% readiness. You should be ready to invest a small amount for putting the building into service.

3

You will need contacts

with reliable construction teams, suppliers of equipment and building materials or appliances. We know those with whom it is best to work and will arrange cooperation with responsible people. Otherwise, you may order a turnkey service and we will do everything ourselves. You will obtain a ready-made solution for making money.

AT FIRST GLANCE, THIS NICHE SEEMS TO BE THE MOST DIFFICULT. BUT!

When concluding a deal, Consult Explo takes into account all of the above issues. We will calculate additional expenses, provide necessary contacts and hire contractors for construction work, if necessary, find suppliers of necessary goods and take care of further sale or lease of the real property.

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