Distressed sales in Spain

June 25, 2010 at 11:27 am Leave a comment

Distress sales involve the sale of assets that must take place due to conditions outside the control of the owner. With a distress sale, there is the need to sell the asset quickly, even if it has to be sold at a loss. The idea is to generate some type of return on the asset, even if it does not cover the current market value.

Distressed sales are popular in the field of real estate, especially in today’s economic climate. The key component to a distressed sale is the urgency of the sale. The advantage of the buyer is that he can get a lower price than the actual market value of the property. On the other side, the advantage of the seller is that consists in the ease that he can sell the property.

The Kinos Group handles distressed sales in Spain, especially in the Costa del Sol. The prices we offer are below the market value, making them a real bargain for buyers. We are here to cater to you every need! Find your property at www.kinos.es and vip.kinos.es. Take advantage of our offers!

This is one example of many properties that we have on sale.

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Entry filed under: Distressed sales, Real estate. Tags: , , , , , , , , , .

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