Solvia to increase the offer of properties available from Spain's 'Bad Bank'

Solvia have announced today that with effect from next week, they will begin to offer a wide range of property that had previously been under the management of Spain's bad bank, otherwise known as SAREB (Sociedad de Gestión de Activos procededentes de la Reestructuración Bancaria)

That means some 42,900 real estate assets worth approximately 7 Billion Euros will come under the management of Solvia who have excelled over the last few years with their aggressive price discounts, in turn leading to impressive sales of property, especially in the Costa Blanca. The assets under management will vary from holiday homes to plots of land to entire developments which have been taken off the hands of bankrupt developers.

In short I expect that we will soon be offering many new attractively priced properties for sale, so watch this space.