Spain News : Costa Cálida
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Half price homes in La Manga offered in Internet auction
By h.b. - May 30, 2008 - 8:09 AM
ALSO SEE : • Grupo Mirador faces new charges of fraud - Aug 29, 2008 - 1:20 PM
• 20 house demolition orders issued in Mijas - Aug 29, 2008 - 1:09 PM


Reserve prices in the auction start at 49,990 Euros
More evidence of the real estate slowdown comes from La Manga del Mar Menor in Murcia, where a group of 86 apartments are to be auctioned off at discounts of 50%.

The Atisreal company has started an internet auction for the properties which have sea-views and one or two bedrooms. There are also six attics available.

The flats are between 49 and 130 square metres large and starting prices begin at 49,990 €.


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ALSO SEE :
• Grupo Mirador faces new charges of fraud - Aug 29, 2008 - 1:20 PM
• 20 house demolition orders issued in Mijas - Aug 29, 2008 - 1:09 PM
• A million empty new homes in Spain - Jul 10, 2008 - 7:05 AM
• Hundreds of Britons come forward to reclaim more than an estimated 86 million pounds from the Spanish Government in overpaid Capital Gains Tax - Jun 30, 2008 - 12:42 PM
• A summer without power for 420 Costa Blanca homes - Jun 25, 2008 - 8:21 AM
• Residents power switched off because of developer's debt - Jun 11, 2008 - 8:17 AM
• 80 percent fall in land sales in Alicante province - Jun 9, 2008 - 8:24 AM
• Málaga City Hall to compulsory purchase two abandoned properties in the city centre - Jun 4, 2008 - 6:59 PM
• House prices in Spain down 30 percent, according to expert - May 15, 2008 - 7:47 AM
• Spanish Economy Minister says the real estate market must correct itself - May 8, 2008 - 6:53 PM

Comments

Er_Guiri
30 May 2008, 12:40
Yeah, but it's still not worth it, they're still ilegal! Guys, wait for them to start giving the houses away for free in protest, like the fishermen in Madrid.
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