coldinengland

Hello All

A friend of mine has some money he wants to gamble on a property in the South of Spain. He seems to think the bottom is in. Maybe he is right.

He has asked me to help him find a bargain. He went down to Malaga recently but was very turned off by the agents he met. It’s not appropriate to repeat his words! But to cut a long story short he felt like he was being “bate and switched” away from properties he had researched into properties that he perceived were overpriced.

He is interested in a repossession/bank deal, but he does not require a mortgage. We have both studied the repossession process from the IMS mortgages PDF document.

He wants me to research how many properties have been repossessed and how many properties will be repossessed soon.

I have been trying to use this website

https://www.bopmalaga.es/buscar.php

I just want to search how many properties have been in court for repossession say this year, and how many of those are ones owned by foreigners (like people with a nie number). Am I looking in the right place?

My friend is a facts and figures guy and he’s not into opinion/politically motivated massaged figures generated by people with an agenda!

Thanks in advance

Thomas

Rosemary

As Concierge for the Spanish section of BE I would like to say hello and welcome.

BE is a very large expat website, so if you have problems finding your way around we have concierges who will try to direct you. The moderators for the Spanish forums are Mitzyboy and Fred James, moderators are there to ensure that the site runs smoothly within the rules of BE. Problems and complaints should always be addressed to a moderador who will look into the matter and deal with it efficiently and fairly. Our members who post in the Spain Forums are friendly and helpful with a wealth of knowledge of the issues of living in Spain. At the top of the page you will find a quirkily named thread called Free Beer which is full of important and useful information. Hope you enjoy your time participating in the forums.

Please let me know if you need any further help.

Rosemary

Casa Santo Estevo

the website you gave is to the Boletín Oficial de la Provincia de Málaga. This a website where the public notices are given in the Province of Málaga. But no bank will issue details of any repossession on that website.

Lenox

Ask a local bank manager what he's got on his books... they'll be repossessions and - if the bank has given up on holding its 'book price' - it'll be keen to negotiate. Mind, living in a house that's been repossessed, had someone's dreams smashed and broken, seems a poor idea if you are a sensitive sort!

Casa Santo Estevo

That must happen all the time, one will never know the history of the house.