UK MEP SLAMS ZAPATERO AT EU
News
Kevin Reardon / 2010-07-10 11:31:07
Spanish prime minister José Luis Zapatero rejected comparisons to President Mugabe of Zimbabwe, after UKIP MEP Marta Andreasen once again brought him to task over his government’s inaction on the demolition of coastal homes in Spain.
“You have exercised the EU rotating presidency in the same way you govern your country, Spain – [...]
Spanish property developer debt is 324 bln euros
Source article = www.forexyard.com
Wednesday January 27, 2010 12:48:17 AM GMT
SPAIN-HOUSING/DEBT
MADRID, Jan 25 (Reuters) – Spanish property developers’ debts with banks at the end of September were worth around a third of the country’s gross domestic product, the Spanish Mortgage Association said on Monday.
A spokeswoman said data up to the end of the third quarter showed [...]
Government minister blames Spanish real estate crash on bank greed
Posted on August 26, 2009 by Spanish Property News
Celestino Corbacho, Spanish minister of employment
Bank greed is the “indisputable origin” of Spain’s property crash, according to Celestino Corbacho, Spain’s Minister of Employment.
“As the financial sector is always telling labour markets what they should be doing I am going to remind it of something; it is responsible [...]
Spanish CRB Report
I know what you are thinking. How apt that a Spanish Property Agent is writing about a CRB (Criminal Records Bureau) report. Ha ha.
But I also know that in this day and age, “one has to do what one has to do”! It might just help!
Reproduced from an article in TheInfoChief
July 11, 2009 by: admin
Are [...]
Costas killing the golden geese. July 13, 2009 by Michael
I watch as Guardia Civil officers enter the lively restaurant whilst ignoring the Chinese sellers of bootleg CDs standing in groups outside. Identifying the eatery’s owner they tell him in no uncertain terms that he must stop the live music or he will be closed down.
The officers’ visit leaves tourists and diners crestfallen. They came [...]
Villas in Spain for Sale and New Amazing Key Ready Prices
With the recession biting hard, there are outstanding bargains to be had for those that can move quickly and for those with the cash to take advantage of hard pressed developers with stock to shift. Cash flow, liquidity and survival are the words of today. Take a look at the latest crop of country villas [...]
Property in Spain stays top?
News
Property in Spain stays top.
The latest statistics from a leading overseas property portal have shown that Spain is still the number one destination for British buyers of overseas property, despite the effects of the credit crunch on the numbers of properties purchased. Property Index.com has released statistics showing that Spain leads France, Portugal, Turkey and [...]
Spanish Bank Repo,s Not The Best Value?
With the world economy in tatters and the Spanish property market albeit destroyed, many see Spanish bank repossession property as the obvious “best value for money” choice for the “cash in pocket” investment buyer.
Lets think about that – because it is plainly not the case, a home owner defaults on a Spanish mortgage, the bank [...]
UK homeowners in Spanish victory
UK homeowners in Spanish victory
The City of Arts and Sciences, Valencia
A court decision in Spain has opened the way for thousands of UK citizens to reclaim some of the tax they paid when they sold their homes there.
The High Court in the region of Valencia has ruled in favour of a British couple, Mr and [...]
Houses for Sale in Spain – Now at Rock Bottom Prices!
Houses For Sale in Spain – Now at Rock Bottom Prices
By John N Stanley
Cash Is King.
Along with many other countries, the Spanish property market has plummeted due directly to the global credit crunch.
Those looking to sell their Spanish homes face a daunting wait if they are unwilling or unable to reduce their asking prices as [...]
SPAIN ExPat – GOOD INTENTIONS.
Over the past 10 years or so the number of UK citizens who have relocated to Spain has increased dramatically. One major contributing factor is that because of EU membership, Britons are free to go live and work anywhere they like within the membership states, immigration without need for permission no need for any work [...]