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Bank offering properties with discounts of up to 40pc

Banesto is the latest Spanish bank to offer properties for sale with discounts of up to 40%. But the offer only stands during November, in an effort to try and nudge potential buyers into making a move sooner rather than later.

A quarter of Banesto’s stock of properties, some 1,200 homes all over Spain, are included in the offer that promises buyers “advantageous prices”. Discounts will be calculated on this year’s valuations, rather than out of date valuations from the peak of the boom, they say. That suggests substantial reductions compared to prices just a few years ago.

To help shift their stock of properties Banesto will be opening some of their branches on Friday afternoons and Saturday mornings, whilst staging their own property exhibitions in provincial capitals all over Spain like Madrid, Barcelona, Valencia, Seville and Malaga.

Super deals will also be announced every 3 days at their property site www.casaktua.com. Buy, for example, a 2 bed, 1 bath flat in built in Fuengirola in 2006 for 123,800 Euros with preferential mortgage financing of 90% for up to 40 years. For the next three days they are also offering to throw in the notary costs of a purchase free. Banks like Banesto are starting to bend over backwards to shift their stock.

 

Spain still most popular

 Spain is still the most popular destination for overseas property seekers, new research has revealed.Property portal Prime Location has said that 30 per cent of all searches in November were for Spain, with France in second place on 29 per cent and the US in third with 21 per cent.The overall tally of

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Markets

There are markets along the Costa del Sol every day except Sundays and these usually operate from about 9/10am until about 2pm. They tend to be manned by the same stall holders who set up their stalls somewhere different every day and then pack them away about 2pm only to start all over again the next morning.

You will find a wide range of goods on sale such as clothes, shoes, towels and blankets, ceramic pots and dishes to mention just a few. The prices tend to be fixed but if you think they are too high you may managed to barter with a few of the sellers - they may claim not to speak English but most of them have some knowledge of the language.Below we have created a complete list of markets on the Costa del Sol by day. There are also flea markets on some days which sell some old Spanish items which you may find interesting.

Costa Del Sol Markets

 

What do the markets offer?

Vegetable and fruit: If you are a lover of fresh fruits, nuts, olives, vegetables, herbs and flowers then the weekly town and village markets are the best places to buy it. You can’t find it cheaper anywhere or better quality else.

Ceramic and Pottery: Andalucía produces a lot of ceramic and pottery. Every region

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