Buyers with cash in hand

2
889

THE MAJORITY of properties sold on the Costa Blanca are still bought by buyers with funds in hand – without needing to take out mortgages.
With foreign buyers and investment groups leading figures released by national statistics institute (INE), their report shows that 60% of transactions were carried out without resorting to credit.

2 COMMENTS

  1. David, nothing to do with Monet laundering. The article is simply saying that many buyers didn’t need a loan. It doesn’t mean the proceeds are illegal.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.