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Saturday, November 21, 2009

Place in the sun -going cheap?!?

Property Hawk remains focused on investing in property here in the UK.

However, I could help but notice an item in this weeks edition of Property Week.

Apparently Barnett Ross the auction house has teamed up with the channel 4 television "A Place In the Sun" to hold a sale of distressed spanish flats located in the Costas. Discounts are alleged to be up to 50% and in six cases there are no reserve prices.

There may be a bargain here. I wouldn't know. One thing that i do know that a lot of people have been caught out by buying Spanish property on the wrong type of land so make sure you do your homework.

Salud!

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