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Enjoy and Finance |
Financial help and Enjoyment:
We know that in Spain at the moment, while restrictions on lending remain, on
certain developments, banks are looking to reduce some of their losses
and offload excess housing stock. Another plus is the recent housing crash which has meant that 60% has
been knocked off the value of Spanish property according to research
from Colordarcy.com. This means there are two factors at play which may appeal to investors: availability of finance;
and properties available at substantial discounts. With these two factors in mind investors can, according to McKenzie, Invest in a property they know is unlikely to end up being worth less
than they have invested and just as importantly, they will know that the
bank will actually lend most of the money to do it.