When the real estate bargain is not a home, but a debt or a foreclosure transfer
Las operaciones alejadas de la compraventa tradicional ganan terreno con fuertes descuentos y altas dosis de incertidumbre
Many properties advertised on real estate portals in Spain are not traditional homes for sale. Some are being sold at significantly lower prices, but come with limitations and risks. For example, some ads offer "cesión de remate" or "deuda hipotecaria" which involve buying a property with existing debts or at auction, with prices lower than market value, such as a three-bedroom apartment in Madrid's Marcelo Usera street for 185,000 euros.
Experts warn that these types of operations require specialized knowledge and advice, and are not suitable for inexperienced buyers.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
