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 [...]
February 1st, 2010 by admin
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 [...]
February 6th, 2009 by admin