Tag Archives: Problems and scandals

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supreme court ruling on bank guarantees means potential payout for buyers of spanish boom property
MORTGAGE CLAIMS: Banks now also on the hook for mortgage setup costs

A recent ruling by the Spanish Supreme Court (Tribunal Supremo or TC) means that banks can be obliged to repay some or all of the…

Typical house at Camposol, Mazarrón, Murcia
Politicians finally take interest in problems at Camposol urbanisation in Murcia

A commission of politicians from Murcia’s regional parliament recently visited the Camposol golf & residential urbanisation in Mazarrón, and came away with harsh words to…

Menorca Mahon property
Authorities use drone to uncover 2,500 illegal constructions in Menorca

The tax and planning authorities in the Balearic Island of Menorca have used a drone to uncover 2,500 illegal constructions, reports the local paper Diario…

How Valuation Companies Helped Inflate The Spanish Property Bubble

An article at the Spanish property portal Idealista.com by Carlos Salas explains how banks and valuation companies helped inflate the disasterous Spanish property bubble by…

peñiscola valencia castellón azahar property
Big News for Spain’s Coastal Developments

Spain’s Cabinet has approved amendments to the Coastal Act that will extend the concession for thousands of homes built in the public zone along the…

Alicante property
Alicante Mayor Refuses to Resign Over Property Scandal

Alicante mayor Sonia Castedo refused to resign Tuesday in the wake of charges that she illegally aided a local developer.

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