Polaris World has 3 months to negotiate “amicable” solution with creditors
Polaris World, Spain’s biggest developer of golf resorts, has 3 months to negotiate an “amicable” solution with its creditors after admitting that it has “temporary liquidity problems in some of its subsidiaries.”
Latest Euribor and Spanish mortgage news
A summary of Spanish mortgage and interest rates news
More homes and lives demolished in Almeria
2 Years ago the regional Government of Andalucia horrified the world by demolishing the Vera home of British pensioners Len and Helen Prior, arguing that it had been illegally built despite planning permission from Vera’s town hall. The same cruel treatment now awaits the owners of 8 properties in Albox, Almeria, whose homes will all [...]
Spain one of few European countries where property prices haven’t risen since crunch started
Spain is one of the very few European countries where property prices have not risen in any quarter since the economic crisis began, according to the latest property price index published by the international real estate consultancy Knight Frank.
Andalucia property market in 2010
Anyone interested in property in Andalucía, or Spain for that matter, should read this annual report on the market by Barbara Wood of The Property Finders, a buyer’s agent. It turns out the quality end of the market is alive and well and delivering great opportunities for buyers.
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