It's a buyers' market on the Costas with many investors desperate to sell before having to complete. Prices are plummeting, so is it time to go bargain-hunting with our distress sales in Spain?

The Costa property markets were set ablaze by off-plan investors in 2002 and 2003. To the enthusiastic amateur speculator, such Spanish property apparently offered a risk-free, tax-free, high-return investment. It was a classic greed-driven stampede that distorted demand and fed construction frenzy. Now, lots of those off-plan developments are finished, and it's crunch time: investors must either take possession of properties they never meant to own, sell on, or lose their stage payments.

The problem is that demand has slumped. Meanwhile, buyers who can't wait any longer can already find properties available for less than they cost two years ago. The buyers' market on the Costas is just getting going.

Known commonly as distressed property in Spain, our New and Resale bargains are being offered to market at heavily discounted prices. Many are off-plan apartments that must be sold urgently.

All offer incredible value but in many cases these distressed sales are being offered by the vendors at well below the developer's original list price! Properties at these prices won't be on the market for long.

The properties below are a selection of our bargains in Spain. All properties listed should be 10-30% under the current market value, giving the possibility of 80-100% finance.

* sterling prices are approximate & may change due to currency fluctuations