Buyers wishing to get some idea of what repossessed property bank of Spain have available should visit website www.idealista.com
There is both a Spanish and English version and many of the banks advertise their stock on the site.
This includes well known names listed below as well as smaller more regional Spanish Banks
- Sol Bank ( Solvia)
- Caja Madrid
- Caja Granda
- Lloyds es
- La Caixa
The site is easy to use for sourcing of property with a direct line then to the bank to request further information.
What is not advertised heavily is what mortgage deals a buyer might be able to expect. This will be because each property even within the same bank may have a different deal attached dependant on the level of exposure the bank has to the area or development.
Once a buyer has found a property of interest it can be a good idea to speak to a spanish mortgage broker who can talk to the bank in their language and gauge what mortgage facilities can be given.