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Bankia Habitat offers 550 new apartments in Valencia, owned by Sareb, with discounts up to 45%

19 June 2013

Category: Real estate

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  • The real estate subsidiary of the BFA-Bankia Group is launching a sales campaign in the Valencian capital on 19, 20 and 21 June.

Bankia Habitat, the real estate subsidiary of the BFA-Bankia Group, is organising a sales campaign on 19, 20 and 21 June with more than 550 newly constructed properties available at discounts of up to 45%, all owned by Sareb.

The properties are located in the city of Valencia and various municipalities in the province, such as Albaida, Benaguacil, Catarroja, Enguera, Puebla de Farnals, Sangunto and Massanassa, among others.

The properties are located in the city of Valencia and various municipalities in the province, such as Albaida, Benaguacil, Catarroja, Enguera, Puebla de Farnals, Sangunto and Massanassa, among others.

The properties on offer include a development on Calle Quart in Valencia with three-bedroom apartments starting from 240,000 euros, representing a discount of 20%.

In Puebla de Farnals, the apartments of Pueblamarina start from 72,144 euros with discounts of up to 28%.

Other properties include those in Turís, which can be purchased from 55,000 euros, a discount of 45%, while garage spaces in Edificio Attikos in Catarroja are available from 5,000 euros.

The campaign will be held at the Bankia Hábitat branch on Calle Bélgica, on the corner of Ernesto Ferrer in Valencia. The office will be open from 9 am to 2 pm and from 4 pm to 7 pm.

Open Days

In addition to the campaign, in June Bankia Habitat will hold various open days at different Sareb residential developments in towns and villages in the provinces of Valencia and Castellón:

  • Edificio Avenida de Gandía in the village of Genovés, Valencia, has apartments available from 50,000 euros and discounts up to 26%. The open day will be held on 20 June.
  • The open days for the Edificio Oropesa in the town of Almazora, Castellón, will be held on 20, 21 and 22 June. Apartments start from 54,650 euros with discounts of up to 24%.
  • The Edificio Calle San Juan in the village of Tuéjar, Valencia, will be open on 22 June with properties starting from 50,000 euros and discounts of up to 26%.
  • The Montesano development of family houses in the village of San Antonio de Benagéber, Valencia, will hold its open days on 25 and 26 June with more than 50 homes starting from 170,000 euros and discounts of up to 23% on the official valuation.
  • Lastly, Edificio Benaguacil, in the same village, will be open on 27 June with properties starting from 68,000 euros and discounts of up to 26%.

Financing

Bankia is offering interested customers financing through a mortgage loan for 100% of the investment, up to a maximum of 80% of the valuation.

Bankia Habitat ended 2012 having sold more than 5,600 properties acquired through foreclosure, 23.6% more than the previous year. These disposals generated revenues of 550 million euros for the Bank, an increase of 18.9% compared to 2011.

With the subrogations from property developers and the divestment of singular assets totalling some 9,000 units, including land and developments, the Group sold a total of 14,600 real estate assets last year for an aggregate amount of 1,600 million euros.

Bankia Habitat is the BFA-Bankia Group company that acts as an umbrella for the Group's real estate assets. It has established itself as a major real estate asset management company and property sales channel in the Spanish market.

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