Home » Spanish Property Forums » Spanish Real Estate Chatter » Vultures arrive!
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http://www.bloomberg.com/news/2013-02-05/carlton-says-investors-to-spend-10-billion-in-iberia.html
Carlton Group Inc.’s clients have earmarked 7.5 billion euros ($10 billion) to buy real estate in Spain and Portugal over the next 12 to 18 months as risks diminish and prices adjust to what buyers expect to pay.
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Carlton group…an estate agent who recently opened an office in Spain…they would say that wouldn’t they. Fishing for clients more like 😆 😆
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Vultures is most appropriate, they gather whenever they find a rotten corpse, and Spain is littered with them, now gathered up within the banco malo.
Maybe the bank is using Marbella as a means of testing the market for corpses, but the ones on show appear expensive (for corpses).
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