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; [...]

Investors from the old Soviet Block countries and those from the Scandinavian and Benelux countries as well as Spanish Nationals themselves are currently snapping up some incredible bargains on the Spanish Property scene whilst the traditional UK buyers are missing out big time and we know why. The Pound versus the Euro devaluation is making [...]

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 [...]

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 [...]

For many British ex pats living in Spain the current economic situation is detracting from their quality of life and spoiling the dream. However, there are many solutions. FINANCIAL SOLUTIONS FOR BRITISH EX-PATS IN SPAIN Over the last eight months or so retired people living in Spain have been finding it increasingly difficult to make [...]

Over the last eight months or so retired (longer than that now) people living in Spain have been finding it increasingly difficult to make ends meet, caused mainly by the £ versus the € exchange rate fluctuations. The weak Pound has effectively wiped nearly 25%  (and now more than that 26/01/09 ) off the value of UK [...]