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Nov 16, 2008

A Spanish property developer is offering first-time buyers a helping hand by selling cheap apartments.

More than 2,000 Spaniards are being given the chance to buy apartments for as little as US$150,000 (S$227,460). Spain has enjoyed a ten-year property boom, but the market collapsed earlier this year as a result of the global financial crisis.

--Reuters

Duration: 1 min 10 sec

 
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