Negative Equity: Are You Feeling The Heat?

By on August 14th, 2018

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EU Property Solutions are aware of many developments on the Costa Del Sol that are in Negative Equity or have issues in regard to selling property.

The Spanish property market suffered severely following the global financial crisis of 2008 with property values dropping significantly. This has become a major issue for foreign investors who purchased homes in Spain during the boom period pre-2008. The prices of properties during the property boom period were inflated and many UK owners or Ex-pats are now finding themselves with unsustainable mortgages and feeling that there is nowhere to turn.

Certain developments seem to be repeat offenders where we assist multiple borrowers across the development. Examples include:

  • Alboran Hills
  • Duquesa Village
  • La Cala
  • Las Begonias
  • Guadalupe Hills
  • Bentalya
  • Vista de las Rocas
  • Princesa Cristina
  • Peraleja Golf
  • La Cinuelica
  • La Corvera Golf & Country Club
  • Roda Golf and Country Club
  • United Golf
  • Dream Hills
  • Los Collados
  • Casares Del Sol
  • Fuentes de Almunecar

What help is available?

Do you own a property in Spain and are you struggling to pay your mortgage? Perhaps it is moving to Capital Repayment and is unsustainable.

Do you own a property on one the developments listed above?

Are you having trouble selling your property?

If so, do not delay and contact us today.

Our specialised team can offer tailored advice and solutions to end your nightmare forever. EU Property Solutions work with borrowers to offload the negative asset and secure a significant debt write down, often saving hundreds of thousands of euros for clients. Our dedicated team will keep you informed every step of the way.

If you find yourself in this situation, contact us today on 0330 124 1230, where one of our specialised agents will be able to assess your circumstances.

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