Costa del Sol properties that are reduced yet luxurious
Distressed and reduced properties in the Costa del Sol come with a much more
affordable price tag. But that certainly doesn’t mean they compromise. In fact, they’re
often some of the best properties in the area – and are only priced below their genuine
market value due to the seller’s circumstances.
Reduced properties can include everything from a stylish two-bedroom
apartment to a lavish
five-bedroom villa. So, whatever
your personal needs or preferences, there’s bound to be something that ticks the right boxes – and
offers you a feasible way to secure your new life in the Costa del Sol.
These are located in some of the most beautiful and popular areas along the coastline, within easy
reach of golden beaches, world-class golf courses and a host of 5* amenities. What’s more, they’re
finished to an impeccably high standard and typically boast a range of state-of-the-art
facilities.
Why are the properties available for a reduced price?
Sometimes, the property may have already been
repossessed by the bank. And to regain their money, the bank try to sell the property as quickly as possible – typically
below its true market value.
In other cases, the owner may be looking to make a quick and easy sale. This could be for personal
reasons. But it’s usually because they’re under financial strain or ‘distress’, and would prefer
to sell the property quickly, than miss their mortgage payments and face repossession. These are
known as ‘distressed properties’ and are usually available for a heavily discounted price.
Either way, it’s all about speed. The reduced price is not a reflection of the property’s
quality and, if you choose to buy a reduced property in the Costa del Sol,
there’s no need to worry about negative equity.
Find a reduced property in the Costa del Sol today
Demand for reduced and distressed properties in the Costa del Sol is on the rise.
So, why not take a look today? Whether you’re searching for your dream home in the sun, or would
like to build your portfolio as a savvy property investor, we can help. Secure your bargain
property before it’s gone and either give us a call on +34 952 939 460 (+44 208 068 7606) or send
an email to
info@bromleyestatesmarbella.com.