Spanish Property News

Spanish property "illegals" still on offer.

2009-10-23T13:10:00.007+02:00

Buyer beware is still an apt warning when it comes to Spanish real estate. Despite the long promised legalisation of the illegal property built during the corruption-ridden years at Marbella town hall, potential buyers are still facing risks.So far 18,000 properties, given planning permission during years of town hall back-handers, have been retrospectively, newly “legalised” and the innocent

Offplan property deposits legal successes

2009-10-19T13:57:00.008+02:00

The offplan boom that fuelled the Spanish real estate market for nearly a decade may have ended with the arrival of the recession, but the consequences for some unsuspecting buyers lingers on in ongoing disputes.Currently, savvy buyers are favouring the key ready bargains from hard-pressed developers and Spanish bank repossessions where even bigger discounts are available. Conversely, 100s of

Brit buyers miss out on Spanish bargains

2009-10-14T12:23:00.002+02:00

British buyers are losing out on the amazing property bargains in Spain as the Dutch show more courage, the Belgians more muscle and even the French recognise a good deal when they see one.These Euro-zone countries do not have the adverse currency problems of would-be Brit buyers, who now have to recognise that the once mighty Pound is worth just one Euro and is unlikely to do better than this

McBroon get his figures in a twist…

2009-10-13T09:00:00.004+02:00

So McBroon, the self proclaimed fiscal saviour of the world’s economy, isn’t very good with figures after all. First he loses £3B by selling our gold bullion just before prices soared, then he puts millions of pensioners in limbo by his annual stealth raids on funds, followed by his spurious claim that he’s seen off boom and bust for ever – just before Britain goes bust…Now he admits to fouling

McBroon's Britain "worst place in Europe"

2009-10-12T17:13:00.004+02:00

As the bungling McBroon’s start their fire sale of taxpayer assets like tunnels, bridges and betting counters, a new report says Britain is the worse place to live in Europe and the country is where the focus is on standard of living rather than quality of life.Researchers weighed up official data for ten European countries and concluded that high incomes in the UK are cancelled out by long

Scary for Brit pensioners

2009-10-09T13:17:00.006+02:00

There’s been some scary pensions data this week for Over-50s thinking about retiring to sunny Spain and stern warnings of a Big Bang if something radical isn’t done…Pensions are an accident waiting to happen, according to experts in the Channel 4 Dispatches programme,"Who Took Your Pension”While the McBroon Government financial crisis, poor investment returns and inadequate savings have curbed

McBroon’s fiscal porridge

2009-09-25T19:15:00.004+02:00

The Spanish property market appears to have reached a watershed moment in time with reports that the collapse in prices might be bottoming out, based on sales of more than 500,000 properties in the last 12 months, and British buyers finally having to realise the once mighty Pound now only buys one now mighty Euro. Despite the world recession property sales have dipped by only 20% thanks to heavy

Escape to Spain, Escape from McBroons

2009-09-22T16:27:00.002+02:00

The summer has seen the ruling, bungling McBroons crash from crisis to disaster as the economy went south and the national debt northwards. Over 50s, struggling to hold onto their last jobs before retirement or supplement their pensions, have never seen anything like the level of incompetence shown by the McBroons. They say Ministers and departments of state lack credibility, a viewpoint

Easier to buy bargain property in Spain

2009-07-23T10:44:00.002+02:00

While mortgages is the UK are still hard to find, buyers of property in Spain have had it much easier to fund their purchase in the sun, with some recent sales going through on 80% loan to value deals.The difference can be put down to McBroon himself, both as chancellor of the exchequer and, latterly as prime minister. His was the “light touch” on the banking tiller that allowed the Mad Men to

Candles in the wind...

2009-07-20T12:17:00.007+02:00

The green energy policy of the UK’s McBroon Government is blowing in the wind and future generations will finish up paying through the nose for their heat and light with over-50s reverting to candle power and peat logs... All those wind farms on hilltops and wave tops are costing the earth to construct and maintain as, meanwhile, the nuclear option still has many queries as to its future.McBroon

Pensions go further in Spain

2009-06-05T13:49:00.003+02:00

As the McBroon government faces a new Culloden-style battlefield of mangled egos and inept tactics and leadership among its chieftains and white flags among its troops, the over-50 residents of these islands turned their attention to far weightier matters…No matter what the McBroons do before their final defeat and what the Cameron clan manages when they eventually march into Whitehall, the baby

Why Brits are still quitting Britain

2009-06-01T11:21:00.004+02:00

While Brits living in France and Spain are feeling the pinch because of the decline in the Pound, many others are still planning to move away from the declining state of once Great Britian.An American correspondent in yesterday’s New York Times, commenting on Brit emigration, spoke for many over-50s when he wrote: “I can well understand why folks want to abandon Britain, where a person can’t

Tax breaks for all in Spain

2009-05-28T12:09:00.006+02:00

The McBroon Clan of Scottish ministers and sporran-hanging MPs, having ruined the British economy, have now been exposed as tax dodgers with many of them getting taxpayers to pick up the bills from the accountants they hired “to make sure we were paying the correct of amount of tax”.For “correct” read “minimum”. And the worst offender appears to be Alistair Darling, the man in charge of tax

Spanish practices in perks and property...

2009-05-27T10:50:00.002+02:00

There was a bit of an image problem for Spain when trade unions called the shots in Seventies Britain by demanding more money for less work, layered with a load of bosses' perks.It was likened to traditional similar practices in Spain and the insult stuck, despite that country subsequently becoming a dynamic Med powerhouse with a strong economy, 21st century communications, and the leading

Brit over-50s bag Spanish bargains

2009-05-26T13:29:00.005+02:00

The Spanish bit of the world recession may be easing – in contrast with the UK where the McBroon Government, slowly imploding amid expenses and other scandals, has failed to get a grip on economic matters.The McBroons have been feathering their own nests and lining up nifty pensions for ministers and MPs while British families, the over-50s and pensioners feel the economic pinch and face the

Take a tax break in Spain...

2009-05-15T12:38:00.006+02:00

The anger of the British public bubbled over when Housing Minister, Margaret Becket tried to defend herself, fellow ministers and MPs on television over the expenses scandal and again hours later when new figures showed housing repossessions were up 50% and mortgage arrears up 62% - despite the “help” provided the McBroon Government.Yet another McBroon failed initiative as 1,000 families a week

Gov. boost for property in Spain

2009-05-13T14:14:00.007+02:00

As the McBroons shed their crocodile tears over being found out on dodgy expenses and go on the telly waving repayment cheques to reconnect with the voters - so they are not X-outed at the next election - it’s clear that the head of the bandit clan himself is to blame for the fiasco.McBroon was in charge of the economy for ten years and so-called in charge of the country for two years and the

Spanish property with no capital gains tax...

2009-05-11T18:38:00.009+02:00

The McBroon Muppet Speaker, spent longer attacking the Daily Telegraph for revealing the House of Horrors expenses slapped in by MPs, than he did detailing plans to clean-out the stables. The supposedly “independent” blustering Michael Martin did find time to slag off two of the more honest MPs who tried in vain to influence his plans.Over 50s, used to more gentlemanly times in the so-called

Brits go overboard for Spanish homes

2009-05-08T12:30:00.006+02:00

It’s obvious the McBroon Government is imploding day by day as first the Ghurkhas stick the kukri knife in over the immigration botch-up, then the Daily Telegraph reveals the head of the McBroon clan himself – his talentless YouTube appearance now derided - paid nearly £7,000 to his brother for cleaning his flat.Then we had the revelation the Mexican flu scare might be a scam to keep that country

IMF report boosts Spanish property

2009-05-01T14:26:00.003+02:00

The IMF’s latest verdict on the Spanish economy, which is overall better than the one it presented on the state of the UK, suggests there will be recovery in 2010 after a decline of three percent in GDP this year.That’s good news, as is the information that housing starts are down 20 percent, and that many of the empty, newly completed homes could well finish up in the rental sector because the

Brits missing out on Spanish house bargains

2009-04-30T12:42:00.005+02:00

Spain's property market, completing a year-long readjustment that has seen house prices fall progressively to, typically, 30% below their previous value, is now offering amazing bargains for the savvy investor.Sales are becoming brisker and one Costa Blanca agent hit the jackpot with a five-a-day sales record. Banking giant Santander, who had swapped developer debt for developer finished property

Expert who may have got property figures right...

2009-04-28T19:57:00.007+02:00

Governments and so-called experts have opinions and hunches but often are proved wrong within a short space of time – as shown by the fantasy budget produced by the McBroon Government in the UK and trashed by latest GDP figures, clever economists and the IMF concerns on the UK economy.That got many Brits thinking about the dark years promised under the McBroons and the decades of high taxes to

Beat the Budget, vamos to Spain

2009-04-25T10:58:00.005+02:00

The Budget was full of lies and spin – just as the previous Budgets under the McBroons. The difference now, according to an Over-50s reader of The Sun, is that more people can see through it (the Emperor has no clothes).The reader echoes a growing viewpoint when he proclaims: “The danger is that Labour actually believe their own lies. When Brown announced, while creating the biggest credit boom

Oh, not to be in England...

2009-04-24T14:43:00.006+02:00

Poet, Robert Browning, who worked for the Bank of England, clearly didn’t know about the current dire fiscal state of the country when he wrote "Oh to be in England now that April's there”... Nor would he suspect that Spain today is probably now the best alternative base for the Over-50s who are old enough to remember the truism of the poem, Home Thoughts from Abroad.This is a watershed month for

Spain, land of plenty for Over-50s

2009-04-16T14:35:00.005+02:00

After the worse week yet for the ruling McBroons, they have gone back to Scotland for a gathering of the clan and to reconstitute the government’s credibility amid growing concerns from the public about their futures in what used to be the land of plenty…Henchmen spin masters have been forced from the scene after leaks of their planned smear campaign against Tory politicians and the leaks from