Will the Gibraltar dispute affect property sales/Tourism?

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This topic contains 24 replies, has 7 voices, and was last updated by Profile photo of angie angie 3 years, 2 months ago.

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  • #57760
    Profile photo of katy
    katy
    Spectator

    Will the British continue to buy houses whilst the present wrangles continue? I know if I was considering a purchase I would put it on hold. I read the Spanish newspapers and there are many strong comments against the British. I also noticed one comment in the Telegraph which said “Don’t holiday in Spain, go to Greece where the people are much nicer to foreigners”….460 readers recommended it! Of course it won’t show up yet in the figures as people will have already booked/committed themselves to purchase etc. One of my friends who lives in Spain in an area where there are a lot of expats, says a lot of the Spanish residents have started flying the Spanish flag!

  • #118000
    Profile photo of Anonymous
    Anonymous
    Participant

    I can only speak for myself, but it certainly has put a damper on things for me. There seems to be so much anti foreigner legislation in progress at the moment, that it really makes me want to go and spend my money elsewhere.

    Unfortunately I don’t really know enough to know whether or not the waters around Gibraltar, where the reef has been installed, should be British or Spanish, so I don’t know who is right about the dispute. However I don’t think that the Spanish are going about it in the right way, and the more that they whip up tension against the British, the worse it will get. However, this is a tactic that all Governments who are in trouble employ. At least they haven’t started a war. Yet. Unlike their Argentinian friends in the 80s. ๐Ÿ˜‰

    D

  • #118001
    Profile photo of Anonymous
    Anonymous
    Participant

    I have thought that this is just a ploy to get Brits to unload their property on a depressed market so they the Spanish can pick them up cheap.I think some of them blame us for causing the boom and the resulting crash that has caused losses for their own people and have a grudge At least in the Canaries they don’t like Madrdid and but for the proximity of Morrocco would willingly go independent. I wrote previously scathingly about Catalan Nationalists but I am beginning to understand a bit more about the frustrations with the Madrid ‘Establishment’.My brother has been several times to Gib and since I bought in Canaries I have often regretted not buying in Gib as the tax allowances for retired people are so much better and there is no Inheritence or CGT. However with this perennial problem with Spain there maybe better not ! I would say this is one argument in favour of the EU -that if we are all in the EU what does it matter who owns these little anomalies and anachronisms of history. My personal feeling is that the Rock is attached to Spanish territory as is Hong Kong. Maybe we can do similar deal with Spain -in 100 years it reverts to Spain in exchange for them abolishing Inheritance Tax on British2nd homes in Spain permanently and limiting CGT to no more than would be paid in UK ! Sunny in Kent and must get out while it lasts ! On this basis they could happily have it back next month ?

  • #118003
    Profile photo of angie
    angie
    Spectator

    I can’t think the Gibraltar dispute will help Spain in any way financially, and may well affect decisions made by Brits to both buy property and holiday in future. Brits could feel uneasy if a nationalistic trend starts with Spanish flags etc hoisted in towns and villages. Germans and Scandinavians may become favourite guests and residents again, think this happened when Brits could only take ยฃ50 spending money years ago, so I’m told ๐Ÿ˜‰

    Personally, I still think this is all about Rajoy trying to take the spotlight off all his and his Government’s ‘bung’ accusations, as well as other matters causing unrest. Most Governments around the World deflect attention from criticism due to scandal and negligence or madcap ideas onto other subjects, it’s called spin I believe ๐Ÿ™„

  • #118004
    Profile photo of Fuengi (Andrew)
    Fuengi (Andrew)
    Participant

    So far met quite a few brits down here this summer. has not been mentioned by anyone…
    Nor by the spanish in fact.

  • #118024
    Profile photo of Anonymous
    Anonymous
    Participant

    Katie – you really are relentless in your pursuit to put people off buying in Spain.
    Apart from a few Spanish fishermen nobody here really cares or discusses the situation. I have many friends who work in the booming financial and gaming sectors in Gib and cross the border every day. These include many Spanish who are happy to work for British Companies. They all tell me the delays are nothing like what’s reported in the press.
    I can not believe that you seriously think this little and latest dispute will affect property sales.

  • #118025
    Profile photo of Anonymous
    Anonymous
    Participant

    Hmmmm. It has affected property sales. That’s a fact. Whether it is a significant number, or not, won’t be known for a whileI think, and may well depend on the outcome of the dispute.

    It really doesn’t matter what the residents think about it; the people buying most of the property these days are from outside Spain, I would imagine, so the place to garner how important the current situation is, is not from within Spain or Gibraltar.

    I also don’t think that it will put people off buying if they have already started the process, but it is the people who have yet to make a commitment that will be affected, if anyone is.

    D

  • #118026
    Profile photo of katy
    katy
    Spectator

    @man in Marbella wrote:

    Katie – you really are relentless in your pursuit to put people off buying in Spain.
    Apart from a few Spanish fishermen nobody here really cares or discusses the situation. I have many friends who work in the booming financial and gaming sectors in Gib and cross the border every day. These include many Spanish who are happy to work for British Companies. They all tell me the delays are nothing like what’s reported in the press.
    I can not believe that you seriously think this little and latest dispute will affect property sales.

    You are obviously one of these who don’t read the comments in the Spanish press then ๐Ÿ™„ Of course the Spanish are happy to work in Gibraltar…with 40% unemployment in La Linea why wouldn’t they! As for the queues…who are “they”. You are making it up. I have a relative in Gibraltar and the queues have been documented…and YES I do think it could affect property sales short term. Of course the Spanish will back down now the heat is off Rajoy and his bunch of crooks. hardly a “little” dispute if you are involved is it. Latest today they have stopped the deliveries of sand for construction…who will be out of work, the Spanish.

  • #118031
    Profile photo of Fuengi (Andrew)
    Fuengi (Andrew)
    Participant

    mmmm.

    if there is an impact on the property market, I assume its going to proportionally worse for Gibraltar than for Spain. Quite a few of the incentives for living there are tied to tax regime, etc… If (unlikely i know) it became Spanish these would be abolished.

    In regards to how this would affect Spanish property market, I honestly don’t think it will. I could be wrong of course, but I don’t think there was any (noticeable) affect during the last squabbles?

  • #118035
    Profile photo of angie
    angie
    Spectator

    The latest from the Telegraph suggests Spain may impose a congestion charge in La Linea, and/or eco-tax (flying over Spanish airspace ๐Ÿ˜• ) to get around the frontier tax which is a contravention of EU laws. ๐Ÿ˜ฏ

    So far this latest tiff appears to have quietened the Rajoy bung and other matters which no doubt it was designed to do. It is pathetic and a blinkered view by Spain to talk of forming an alliance with Argentina over Gibraltar and the Falklands when they turn a blind eye to their two Moroccan outposts both of which are maybe some 5 times larger combined than Gib. ๐Ÿ™„

  • #118037
    Profile photo of Fuengi (Andrew)
    Fuengi (Andrew)
    Participant

    @angie wrote:

    The latest from the Telegraph suggests Spain may impose a congestion charge in La Linea, and/or eco-tax (flying over Spanish airspace ๐Ÿ˜• ) to get around the frontier tax which is a contravention of EU laws. ๐Ÿ˜ฏ

    actually nothing illegal with a congestion charge or toll. Portugal does it on a route or 2 between Spain if I remember.

    border tax would illegal though.

  • #118038
    Profile photo of angie
    angie
    Spectator

    Andrew, you appear defensive, I’m not disputing the legality of such a move, just the fact they are considering this as a stealth way of getting round the border tax, it’s a ridiculous and somewhat antagonistic idea to ratchet up their pathetic sabre rattling, (as I’ve said before) to deflect attention away from Rajoy’s dodgy dealings. Plus their pathetic attempts to form a ‘SpanGenTina’ alliance. They really should look at themselves first before taking this route, which if they do, I suspect they will be the losers financially irrespective of property deals especially if things get more heated ๐Ÿ˜ก

  • #118039
    Profile photo of Fuengi (Andrew)
    Fuengi (Andrew)
    Participant

    @angie wrote:

    Andrew, you appear defensive, I’m not disputing the legality of such a move, just the fact they are considering this as a stealth way of getting round the border tax, it’s a ridiculous and somewhat antagonistic idea to ratchet up their pathetic sabre rattling, (as I’ve said before) to deflect attention away from Rajoy’s dodgy dealings. Plus their pathetic attempts to form a ‘SpanGenTina’ alliance. They really should look at themselves first before taking this route, which if they do, I suspect they will be the losers financially irrespective of property deals especially if things get more heated ๐Ÿ˜ก

    Hi Angie, not defensive. Personally I think this is all quite stupid and typical of the small mindedness of the people of Gib and la Linea.
    I was only reply to your comment on the telegraph article and the illegality of road charges.

    I see both sides (or all 3) not acting like grown-ups at all in this case.

  • #118040
    Profile photo of Anonymous
    Anonymous
    Participant

    Katy, “they” that I refer to are 9 or 10 different people, English and Spanish who I know and who work in Gib. They all tell me they are in and out of Gib most days without having to sit for hours in traffic as reported in the press. Basically, the point I was making on this is that the press, as usual, blow a story up when in reality the Gib/UK situation is not affecting many people. You can believe me or not but these are people I have spoken to and not made it up.

    Re the Spanish working in Gib. I agree, of course why wouldn’t they want to work there when unemployment in Spain is so high. That’s not the point. I was simply trying to say that whilst the UK press would like to portray a Falklands style war situation the reality is very different with normal Spanish and British people carrying on as normal.

    If you really think the current situation is going to effect property sales then fine, lets agree to differ. I don’t think it will make the slightest difference.

  • #118041
    Profile photo of katy
    katy
    Spectator

    The queues seem to be well documented, videos have been sent to Brussels. Are you one of those pretend Spaniards who goes In for head in the sand!

    http://www.telegraph.co.uk/news/worldnews/europe/gibraltar/10259271/Gibraltar-row-residents-defiant-in-face-of-escalating-tensions-with-Spain.html

  • #118049
    Profile photo of Anonymous
    Anonymous
    Participant

    @katy wrote:

    The queues seem to be well documented, videos have been sent to Brussels. Are you one of those pretend Spaniards who goes In for head in the sand!

    http://www.telegraph.co.uk/news/worldnews/europe/gibraltar/10259271/Gibraltar-row-residents-defiant-in-face-of-escalating-tensions-with-Spain.html

    No Katy, I’m not a pretend Spaniard, whatever one of those is. I’m just somebody who lives in Spain, has many friends who work in Gibraltar and I’m just reporting the facts. I accept there has been the odd day when the queues have been longer than normal but it’s nothing like the Telegraph is reporting.

    If you actually look at the video you posted and listen to the Spanish lady she is talking about long queues “4 days ago” whilst behind her the traffic is flowing quite quickly.

    The original question on this thread was will this latest topic in this dispute which has lasted 300 years affect the Spanish property market. I say no it wont.

  • #118050
    Profile photo of angie
    angie
    Spectator

    Actually think this article is a fair summing up of the situation which is more of a comically poor Spanish stunt it seems: ๐Ÿ™„

    http://www.telegraph.co.uk/comment/telegraph-v … altar.html

    Echoes what we’ve been saying too, attention away from more important issues plus their brazen hypocrisy regarding their Moroccan outposts :mrgreen:

    As for property matters which is a fair question, maybe some will think twice even delay decisions, unless Spain ratchets up the tension along with Nationalistic fervour, who knows ๐Ÿ™„ I think it’s quite likely this will die down and normal service will resume as it has done before ๐Ÿ˜‰

  • #118053
    Profile photo of angie
    angie
    Spectator

    It’s worth reading OP comments about this on the new law allowing building 20 metres from the sea, as some suggest ‘kick-backs and favours from/to Politicians yet again in Spain, the Politicians and developers not for the first time appear mired in corruption to allow this law to stand, they are a law unto themselves. I can see this having major repercussions from those already with sea views who will end up losing them. So they’re concerned and shout about a small Gibraltarian artificial reef but unconcerned about 1000’s of kilometres ruined coastline all for greed again, further evidence of Spanish hypocrisy. Smells of Rajoy and his cronies taking bungs again ๐Ÿ‘ฟ

  • #118063
    Profile photo of katy
    katy
    Spectator

    4 Hour queues to leave Gibraltar this evening…they must be making it up again ๐Ÿ™„ ๐Ÿ˜†

  • #118065
    Profile photo of angie
    angie
    Spectator

    I can’t stand queues at best of times especially in the heat and at airports so we do far less short haul flights now, the waiting time is often longer than the flight time. ๐Ÿ™„

  • #118129
    Profile photo of Anonymous
    Anonymous
    Participant

    The queues are often long winded and have been horrendous at times over this summer. The La Linea workers mostly walk in or use motor cycles with very few holdups. Gibraltar in reality is just one of those conundrums that is very difficult to resolve without generating strong feelings between the Spanish and the Brits. It will continue to be a pain as long as the Rock remains in UK hands with a bit of Sabre rattling, particularly when the Prime Minister is trying to deflect attention from his dodgy deals!!

    On another point, Some friends of mine who live near Marbella had recently planned to become living residents in Gibraltar due to pressure from Spanish Tax authorities wanting to investigate their family trust fund in the UK. They have since changed their mind about moving over following the escalation of the Border Controls their even though their daughter shall be living in halls of residence from this month at a Gibraltar Public School!

  • #118224
    Profile photo of angie
    angie
    Spectator

    Thanks to Fuengi who enlightened me to the Esquerra Republicana Party of Catalonia on my Catalan topic, I’ve grown to like them due to their stance on Gibraltar. They’ve just announced their solidarity with Gib against the bullying and harassment by the Spanish Gov’t, and accusing Spain of using the conflict over Gib to distract from ongoing party financial scandal. ๐Ÿ˜› What many of us thought too ๐Ÿ™„

  • #118273
    Profile photo of angie
    angie
    Spectator

    More double standards from two faced dodgy Rajoy, the silly sod ๐Ÿ˜†

    http://www.theguardian.com/world/2013/sep/26/spanish-prime-minister-gibraltar-anachronism

  • #118303
    Profile photo of katy
    katy
    Spectator

    Has anyone seen the video of a school simulating an attack on the British with toy guns and pretending to kill them. The teacher was so proud he put it on youtube ๐Ÿ™„ Imagine the outrage if it had been vice-versa. The Teacher would have been sacked.

    http://www.youtube.com/watch?v=7zzMVi848yM&app=desktop

  • #118310
    Profile photo of angie
    angie
    Spectator

    Yes saw this and couldn’t agree more katy, if such a stunt had happened in the UK, say about Argentina or anywhere, no doubt would have been a major talking point and Ministerial involvement, it just stokes a fire ๐Ÿ˜ก

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