News

How to approach property debt in the New Year

For most of us, a New Year means a new start and many of us go about setting New Year’s resolutions and doing everything that we can to achieve them. Unfortunately, lots of people have also entered into 2018 with property debt hanging over their heads. Debt can be scary and hard to deal with,…

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The history of the Spanish property market

From bubble to boom The Spanish property market has had a checkered past and is one that is characterized by booms and busts. At present, the market in Spain is looking noticeably healthier, with figures indicating that sales had soared in October 2017 and were up 28{8ffce72bfd1f9b3f5d8b0ef2230e543e76a5ce407a245cd6391b5bca5679dfbb}. Things weren’t always looking so rosy for investors…

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We look back on 2017!

When 2017 began, our Deposit Reclaim service ignited. We are on the verge of settling a few cases in which our team has intensely negotiated. We have had strong movements within these cases ensuring that our clients can receive back their lost deposits on unfinished homes or developments in Spain. In 2018 we are driving…

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Interest-only stress on Valencia holiday home

An elderly couple purchased a property North of Valencia, with the intent to rent out the property, but also utilising it as a holiday home. They borrowed €180,000 on an initial 10 year interest only period. Unfortunately, following the collapse of the Spanish property market the value of the property plummeted to just €90,000. This…

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Portuguese property portfolio

A gentleman contacted us regarding a non-performing portfolio of overseas properties. Our client found himself in financial difficulty due to an unforeseen change in personal circumstances and required assistance. EU Property Solutions were appointed and successfully negotiated the voluntary surrender and debt write off with a core Portuguese Bank. The savings, in this case, have…

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How to overcome the loss of your holiday home

How to overcome the loss of your holiday home When you are forced to sell your home abroad, it can feel like letting go of a dream, and moving back home can be a challenge.While it’s easy to bury your head in the sand, it’s important to try and remain positive, so check out our…

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A buyer’s guide: Purchasing property abroad

Despite their being levels of uncertainty in the property markets abroad, it seems that people are still keen to make their dreams of living in sunnier countries a reality, with popular spots like Spain and France seeing growth in both sales and prices. When you buy a property abroad, you need to remember that it…

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