Bankia Habitat offers 60% discount on 500 new properties

Bankia Habitat, the new company created by Spanish banking group Bankia to manage all of its real estate assets, is offering a special promotion to mark its launch.

The new real estate division is currently offering a selection of 500 properties with discounts of up to 60% in many cases, some of them located in the province of Alicante, close to the beach and golf courses.

The bank is also offering special financing conditions for buyers, with no-fee mortgages at an interest rate of Euribor + 0.90%. The promotion includes properties starting from €45,000 and it will last until 16 April.

Bankia group of saving banks managed to sell 4,500 repossessed properties in 2011, amounting to 850 million euros.

Around seventy percent of the assets sold were repossessed homes and commercial premises, while the remaining thirty percent were plots of land.

Ask us about this interesting promotion and let us show you the amazing bargains available for repossessed property in Spain!

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