Spanish property buying frenzy?

Sold Out! That is what Coastland have been telling their numerous customers interested in the Bank Owned Perajela Golf Villas. Last week one of Spain's largest savings Banks reduced the prices of 4 Romana Villas on the prestigious Peraleja Golf resort in Sucina Murcia to a staggering 96,300€, these Villas only 6 months ago were being sold for 230,000€ The frenzy that followed resulted in all of the Villas in this ...