Developers of illegal homes in Marbella have fines reduced by 75pc
The town council of Marbella has slashed the fine that developers will have to pay for legalising homes they built in contravention of planning permission, bringing the end of Marbella’s town planning chaos a step closer.
Sean Connery summoned to court in Marbella corruption trial
Former Bond star Sean Connery, 79, his French wife Micheline Roquebrune, and several others including lawyers said to have represented Connery in Spain are to be questioned in an investigation into corruption and money laundering in Marbella, reports the Spanish press.
Marbella Real Estate Market Report 2010
Marbella Property Market Review 2010 After a sharp drop in 2008 and 2009 it looks like the property market in Spain – and much of Europe – has bottomed out. In other words, the sector seems to have found its lowest level, the point at which production and prices level out and no major new [...]
Marbella first out of crisis says Mayor, as property market shows signs of recovery
It’s a matter of fact that Marbella’s property market has been in a funk for years, starting long before the credit crunch struck, thanks to the venal greed and corruption of local politicians and some developers. But finally, some light at the end of the tunnel, argues Ángeles Muñoz, Marbella’s lady Mayor, with figures in [...]
Community fees rise as recession bites and some owners stop paying
There’s a lot to be said for living in a ‘community of owners’, or what the Americans would call a condo. Communal costs are shared so you get to enjoy facilities like gardens, pools, and tennis courts for a fraction of the cost. But at times like this, when the economic going gets tough, some [...]
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