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SPAIN-HOUSING/
RTR308RK 
April 02, 2012 
People walk near almost empty apartment blocks in the Madrid satellite town of Sesena, February 23, 2012.... 
SESENA, Spain 
To match Insight SPAIN-HOUSING/ 
People walk near almost empty apartment blocks in the Madrid satellite town of Sesena, February 23, 2012. Banks trying to offload billions of euros of property left on their hands by bankrupt developers are selling new apartments at rock-bottom prices with bargain-basement mortgage deals. Santander, the euro zone's largest bank, was responsible for the frenzy in Sesena. It offered two-bedroom apartments around a communal swimming pool for 65,000 euros ($86,100), with 100 percent mortgages over 40 years, costing as little as 242 euros a month to service, about a sixth of the average Spaniard's monthly income. Picture taken February 23, 2012. To match Insight SPAIN-HOUSING/ REUTERS/Andrea Comas (SPAIN - Tags: BUSINESS REAL ESTATE) 
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