Sunny news for a sunny day

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    • July 4, 2006 at 9:19 am #51963
      Anonymous
      Participant

      To put a bit of sunshine back into the forum….have a look here:

      http://www.gazettelive.com/property/propertyfeature_2.htm

      Also, if you are having a look here – have a look at the other property features. Some interesting articles.

    • July 4, 2006 at 10:00 am #63307
      katy
      Blocked

      Many other articles say that Spains economic boom is unsustainable and is heading for a crash.

    • July 4, 2006 at 10:06 am #63308
      Anonymous
      Participant

      spain covers the canary islands and this refers to this area

      canary isles are all year round resorts

    • July 4, 2006 at 12:11 pm #63311
      Anonymous
      Participant

      quote: ….

      “With the Spanish economy continuing to impress, and countless locations fulfilling their investment potential, the Spanish property market remains one of the most exciting in Europe…… “unquote

      Well, it certainly got our adrenalin pumping…. 😯

      (…but for the wrong reasons!)

    • July 4, 2006 at 1:04 pm #63312
      Anonymous
      Participant

      written by an REA? ……..who else would write this c**p

    • July 4, 2006 at 4:40 pm #63318
      Anonymous
      Participant

      To be fair Spains overall economy is stronger than most other countries in Europe.

      House sales only make up a tiny fraction of a countries economy.

      However the housing economy is in a state that we all know about!

    • July 4, 2006 at 5:13 pm #63320
      Anonymous
      Participant

      House sales only make up a tiny fraction of a countries economy.

      actually I think you will find they make up the greater proportion of CDS income – hence the huge levels of corruption which the JUNTA is just taking notice of!

      Also the reason why as long as they only rip off tourists the Spanish Government has been happy to ignore all complaints over the years. The huge amount of money sloshing around in Taxes. I read that an Awful Estate agent regularly turned over ONE BILLION euros a year. dont need to be a brain surgeon to figure out the amount of dosh in the economy for Spain!!

      You only have to read some of tales on here to see the huge spiders web of corruption between, Town Hall ,Mayor,Lawyers, Developers and the big Agents. Its got to stink when Mayor, Notaries, and Town Hall all have their hands in the Till.

    • July 4, 2006 at 5:35 pm #63321
      Anonymous
      Participant

      i think he was referring to the country as a whole, not one coast line banushouse

    • July 4, 2006 at 5:45 pm #63322
      Anonymous
      Participant

      God I bet anyone would want to turn over 1 billion euros a year!

      I think that chinese whispers have taken place here!

      😕

    • July 4, 2006 at 6:35 pm #63325
      katy
      Blocked

      One of the reasons that financial papers say that spain is heading for economic disaster is because its GDP is relying too heavily on construction. Can’t be bothered to trawl thro’ the links for you but surf around don’t listen to anyone involved in the property market. Those of us who live here have known for some time that the bottom has dropped out of property sales, there are houses around my area that have been on the market for over a year and its a beautiful area.

    • July 4, 2006 at 8:11 pm #63327
      Anonymous
      Participant

      over 1 billion euros a year!

      duh sorry got confused – it was a 100 million turnover

    • July 5, 2006 at 7:56 am #63333
      Anonymous
      Participant

      Banushouse

      100m is still an awful lot of money. It it were house sales then it would be about 33 a month….

      If it were commission, that is another story!! That would be sales of 2.000.000.000 or about 666 proerties a month!!!

      Massive business which ever way you look at it!

    • July 5, 2006 at 10:26 am #63346
      katy
      Blocked

      They may have turned over this amount once but I doubt it they are now. They have closed down many offices on the CDS and are heavily into Bulgaria and any other godfordsaken country they can get people to invest their money in because its cheap.

    • July 5, 2006 at 12:13 pm #63348
      Anonymous
      Participant

      Who are you talking about?

    • July 5, 2006 at 12:22 pm #63349
      katy
      Blocked

      The awful estates above, the one we can’t mention. 😕

    • July 5, 2006 at 12:36 pm #63351
      Anonymous
      Participant

      The Dark Lord Voldermort is selling property!

      Crikes!

    • July 6, 2006 at 3:02 pm #63382
      Fuengi (Andrew)
      Participant

      this link might be a bit more trustworthy
      http://www.economist.com/countries/Spain/profile.cfm?folder=Profile-Forecast

    • July 7, 2006 at 11:50 am #63419
      angie
      Blocked

      👿

      Katy, I think we are allowed to mention their name Awful Estates although they are known otherwise. We would not trust them again based on our experiences and others and I think it’s ok to say that here.

      You are right about where they are operating now including Bulgaria (heavily), Turkey (heavily), S Africa, Thailand, Florida, Portugal ?, Spain (Boo), in fact anywhere they can convince investors that they have ‘hot’ investment potential, but would we trust their info again (No Way!)

      The S. Times recently exposed their sales tactics in Turkey as being the same as those used in Spain, and Your Move has dropped them as their main overseas property partner (Great news).

      Even their Spanish API no. doesn’t belong to them (fact) but to a lawyer, what are they like.

      Steer Clear!

      angie

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