Buyers with cash in hand

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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.

Read more in this week’s print edition or go to e-paper

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.

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