Throughout history, every economic crisis has thrown up the good and the bad. During the recent collapse of the Spanish property market many people had to sell their homes at greatly discounted prices, and unfortunately most people selling property stood to lose out financially – but on the other hand, buyers in recent years will gain from the market fluctuations.
Although the Javea property market and the area in general has not been affected by the property crisis in the same way as many over developed regions in Spain, there have still been cases of banks reclaiming properties and a bargains can be found. Not everyone sells in an economic downturn, and many hold out for the good times to return; yet some people sell for less than they originally bought the property for. In addition, there are also Javea banks, although guilty of being greedy and lending money right left and centre at one time, now have properties on their books that have been repossessed from buyers who cannot afford the monthly mortgage payments.
The situation is ever changing, but at Valuvillas we have a selection of bargain properties in Javea that are extremely keenly priced… and by that, we mean priced to sell! There is no further margin for offers as these tend to sell very quickly to the first client that views… so if you are on the lookout for a bargain take a look here or contact us as at times we may have bank repossession properties in Javea that for certain reasons cannot be listed publicly.