The best of times, the worst of times
Is now a good time to buy property in Spain? The current Minister of Housing says yes, the former Minister says no (though she used to say yes). Who is right?
Sir Geoff Hurst wins High Court case over £600,000 Spanish property
Sir Geoff Hurst won a High Court fight yesterday over a £600,000 investment in Spanish property.
The England World Cup hero, along with six other investors, sued Mark Cordner, their former financial adviser, for misrepresenting terms of a £2 million deal for off-plan villas in 2003 and 2004.
Read the full article at The Times Online
Leading British developer in Spain reports surge in buyer interest leading up to Easter
Publicity
Taylor Wimpey, a leading British developer that also sells some of the best quality holiday homes in Spain, reports that enquires from potential buyers interested in its Spanish properties have surged by 40% in the lead up to Easter, suggesting that the market is far from dead if the product and price is right.
Court case in Valencia sheds light on dirty dealings in property business
The other day I noticed a short article in the Valencian press about a civil case between a Spanish company called Morarim SL, and Zodiac Villas, a Surrey-based estate agency that sold property investments in Spain. The case sheds some light on the dirty dealings typical of the Spanish property business over the last decade.
Expats march for property rights in Andalucia
Expats from all over Andalucia joined a demonstration last Wednesday in Malaga city to protest against property rights abuses in the region, and the demolition threats hanging over many of their homes. When retired expat pensioners, normally invisible in Spanish public life, go on noisy protest marches to voice their anger, then something has gone [...]
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