Spanish Property Insight › Forums › Spanish Property Forums › Real Estate Topics, News & Discussion › A solution to the Spanish over supply problem. › Re: Re: A solution to the Spanish over supply problem.
Spain definitely needs to demolish many or all of those unfinished skeletal blocks dotted around the Costas and on edge of towns, it needs to somehow ensure that everyone can buy with confidence knowing what they buy is legal, and guaranteed at the end of the day by the Government as last resort, and it needs to halve it’s exorbitant transaction costs. Long standing Court cases involving property disputes need to be determined in a year at most, I know the Courts will be clogged, but these need to be fast-tracked.
Not forgetting a proper regulatory system to control all estate agents and developers who should all deposit hefty bonds which should then remove the cowboys.
Simple really, but pigs really will fly before this happens 🙄