17 December 2019 – Sareb has launched a campaign called ‘rural homes’ to incentivise the sale of 2,653 homes. The dwellings, which are located in small urban centres throughout Spain, start at 29,000 euros.
The Spanish bad bank owns a large number of assets in sparsely populated regions of Spain and would like to take advantage of the campaign to boost real estate sales and economic activity in those slower-growing municipalities.
The homes are located in 500 different small towns in Spain. There are 635 homes in Castilla-La Mancha, 404 in Catalonia and 323 in Castilla y León, accounting for 50% of the homes on offer.
Original Story: Idealista
Adaptation/Translation: Richard D. K. Turner