The Latest News From EU Property Solutions

2 May 2023

If you’re wondering what an NPL actually is – then you’ve come to the right place. NPLs stand for non-performing loans. A standard loan becomes an NPL when borrowers stop…

26 April 2023

Here at EU Property Solutions, we have received an influx of enquiries from ‘previous’ foreign property owners who have been sent a foreign letter from a fund called Axactor. They…

21 February 2023

We strongly value our clients’ feedback on their experience with EU Property Solutions. We asked a recent client a few questions to help you understand their journey in battling a…

6 February 2023

As we head into 2023 things are looking up for foreign properties. Property owners in Europe have experienced years of falling prices and next to no rental income. But as…

30 January 2023

The property sales process in Spain can be drawn-out, complicated and expensive. So, it is likely that you don’t want to have to travel back and forth to Spain to…

18 January 2023

There are more than a few issues with how property development and sales are handled in Cyprus. This was most prominent in the lead-up to and aftermath of 2008. One…

5 January 2023

In previous blogs, we have looked at what loan sales and vulture funds are. But you are probably wondering why do they actually happen? In short, Banks are starting to…

27 December 2022

Michael is a previous Cypriot Client of EU Property Solutions that we reached a very successful settlement. He was a guest on our webinar ‘Cypriot Mortgage Issues: Downward Spiral’. He…

22 December 2022

Costa Blanca has long been a popular hotspot for many people wanting to buy their dream holiday home. Over the years, many have followed their dream of purchasing either investment…

20 December 2022

Different lenders, complex laws and a lack of information can make foreign property debt confusing at the best of times. Here at EU Property Solutions, we understand this better than anyone. This…

18 December 2022

In the first part of this blog, we looked at the background of Vulture Funds and explained why your non-performing loan (NPL) may have been sold. Part 2 of this…

16 December 2022

Post-2008, there was a massive surge in the number of ‘bad’ loans being sold to vulture funds by Banks. This was particularly prevalent in holiday hotspots i.e. Spain and Cyprus,…