Sunny news for a sunny day

This topic has 17 replies, 10 voices, and was last updated 19 years, 10 months ago by angie.

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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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