Tenerife Bank Repossession Property update March 2013

Commercial, Residential and Holiday PropertyWe have just completed a major update of our website, there have been a lot of price reductions on Tenerife Bank Repossession property and many have been sold. This is a summary of the latest updates, to view all the bank repossession property in Tenerife visit this page our main website.

We specialise in showcasing repossessed properties which we carefully select for their appeal to foreign buyers, most are in or near the main coastal resorts of Tenerife in locations like, Los Gigantes, Costa del Silencio, San Eugenio, Guargacho,Puerto Santiago, Playa San Juan, Alcala, Cabo Blanco, Fanabe, Playa Paraiso, Los Cristianos, Las Chafiras, La Camella, Chayofa, Valle San Lorenzo, Los Abrigos and Buzanada.

We select properties for their special attributes, location, price, type of accommodation and we look for properties which have lots of outdoor space which is of paramount importance to buyers in Tenerife.

Price Updates

Los Gigantes 1 Bed Bank Repossession Apartment for sale €79,900 – Reduced from €84,480

1 Bed Apartment for sale Alondras Park Costa del Silencio €38,700 – Reduced from €50,080

El Chaparral Costa del Silencio Studio Apartment for sale €34k – Reduced from €40k

Colina Blanca San Eugenio 3 Bed Repossessed Apartment €90,522 – Reduced from €113,152

Bank Repossession 3 Bed Apartment Guargacho for sale €73,900 – Reduced from €86179

1 Bed Apartment, Ed. Sunset Puerto Santiago Tenerife €64,559 – Reduced from €80698

2 Bed Apartment Isla de Lanzarote Playa San Juan Tenerife €70,380 – Reduced from €116450 to 87975 and again to €70,380

3 Bed Apartment Ed. Atlantico Alcala Tenerife €66749 – Reduced from €83436

2 Bedroom Apartment for sale in Cabo Blanco Bank Repossession €65,088 – Reduced from €81630

Bank Repossession 3 Bed Apartment Guargacho for sale €73,900 – Reduced from €86179

Mirador del Duque Fanabe Alto 3 Bed Townhouses for Sale €120,219 – Rediced from €150,273

1 Bed Apartments for sale Club Paraiso Playa Paraiso Tenerife from €36,300 to €50,600 – Prices heavily reduced

2 Bed Apartment Ed. La Tosca Alcala Tenerife €74,200 – Substantial price reduction

4 Bed Townhouse for sale Piedra Hincada Tenerife €103,800 – Reduced from €138,400

El Rincon Luxurious Los Cristianos Bank Repossession Apartments for sale from €157,500. Prices now heavily reduced from €213,670

Bank Repossession Orlando Torviscas 2 Bed Apartment for sale €79680 – Reduced from €99600

New Bank Repossessed Properties for sale

3 Bed Bank Repossession Apartment for sale Las Chafiras, €64,768 – Reduced from €80,960

1 Bed Bank Repossession Apartment Costa del Silencio €51,000 – Reduced from €63,750

La Camella Bank Repossession Apartment for sale in Tenerife €68,400 – Reduced from €85,500

1 Bed Bank Repossession Apartment for sale Chayofa Country Club €95,800

2 Bed Duplex Bank Repossession Penthouse for sale Valle San Lorenzo Tenerife – €92,900

1 Bed Bank Repossession Apartment for sale Los Abrigos Tenerife €36,720

1 Bed Bank Repossessed Apartment Los Abrigos Tenerife €54,684

2 Bed Bank Repossession Duplex Apartment for sale Los Abrigos Tenerife €69,143

1 & 2 Bed Bank Repossession Apartments for sale Marina Palace Playa Paraiso Tenerife from €52,600

2 Bed Bank Repossession Penthouse Apartment for sale Buzanada Tenerife €89,000

1 Bed Bank Repossession Apartment for sale Cabo Blanco Tenerife €45,212

2 Bed Bank Repossession Apartment for sale in Cabo Blanco Tenerife €52,125

2 Bed Bank Repossession Apartment for sale Coral del Mar Costa del Silencio €78,200

1 Bed Bank Repossession Apartment for sale Los Abrigos Tenerife €52,006

2 Bed Bank Repossession Apartment for sale Valle San Lorenzo Tenerife €51,984

3 Bed Bank Repossession Apartment for sale Valle San Lorenzo Tenerife €91,500

Bank Repossessed Commercial and Residential Building for sale in Valle San Lorenzo Tenerife €198,000

Useful Information

We do not recommend that you consider buying any of these Bank repossessions without viewing them first.

100% mortgages may be available on some properties, subject to status. In order to purchase a property you will need to have available 10% of value to cover Purchase Taxes, Notary Fees and Registration of the property.

Finding quality Tenerife Bank repossessed property is not easy, many of the properties which find their way onto the market via the banks are substandard and in some cases, they have been neglected or have even suffered damage. We try to market the ones in popular areas which have the best investment potential.

We do apologise in advance regarding the lack of information regarding some of the Bank repossession property on this website. The information we get is what they send us, if we have inspected a property we will more than likely display the level of information you would expect to see. We do not have time to inspect all these properties and please bear in mind they are getting sold quickly. We will try and answer your queries if you are seriously interested in a property.

All you need to do is tell us which properties you wish to see and when. We will then arrange viewings for you to inspect the properties.

Most properties are marketed at prices well below market value, often all they want to do is off load a defaulted mortgage as quickly as possible. You will not find the properties we have for sale cheaper anywhere else.

We do not guarantee the accuracy of information supplied by third parties in connection with bank repossession property on this website.

About Expedia Tenerife Property
Estate Agent living and working in Tenerife as a property consultant

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 1,161 other followers

%d bloggers like this: