Spanish MEPs close ranks in response to EU criticism
Monovar, Valencia, under threat from a “land grab” planning scheme
Britons and Irish still hanker after property in Spain
The British and Irish still dream of buying property in Spain, finds a new survey by Marbella-based property company Andalucian Dream Homes (ADH). Demand and transactions may be down steeply, thanks in part to the credit crunch, but the desire “to buy an investment property or holiday home in southern Spain is a strong as [...]
Don’t bury your head in the sand if you can’t pay the mortgage
The good news is that, with the economic downturn pushing up the number of foreign property owners struggling to pay the mortgage, Spanish lenders are finally starting to consider alternative solutions to a growing problem.
Spanish developer Aifos forced into bankruptcy proceedings by creditors
The notorious Spanish developer Aifos has been forced into administration proceedings by creditors, reports the Spanish daily El Pais. This is a step in Spanish commercial law that can lead to administration and bankruptcy.
Spanish construction activity falls 9.6% in November
Spanish construction sector activity fell by 9.6% in November compared to the same month last year, the biggest fall of all the EU countries analysed by Eurostat – the EU’s statistics office.
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