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Spanish Distressed and Repossessed Property, Now is the time to buy.

July 8, 2009

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The Spanish property market is currently undergoing a revolution, people who could could only dream of owning a holiday home on the Costa Del Sol can now afford to buy.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 8, 2009 -- Developers and Banks are now selling property at discounted prices, this distressed property is now priced well below Bank Valuation. Sanish Banks are working hand in hand with "Distressed" developers and are now allowing private buyers to take over construction mortgages.

This "subrogation" of mortgages gives the buyer a saving both in set up and valuation fees and also allows the banks to spread their risks.

These Distressed deals allow people to purchase properties in Marbella for as little as 104,000 euros with only a 10% deposit.

International Property Investments 2000 (I.P.I 2000) can offer clients a selection of Distressed and Repossessed property. Our updated website www.ipi2000.com can give you more information.

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Contact Information

Name: david rowe

Email: ***@ipi2000.com
About the author
I live and work in southern spain with my wife and daughter.

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