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Repossessed Properties, Distressed Sales and Bargain Opportunities in Mallorca

Anyone not of the understanding that the Spanish Property market has long since ground to a halt and remains in more or less that same position today is either in complete denial or quite frankly one gamba short of a paella….  Property in Spain was once as hot as the sand on its beautiful beaches […]

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Mallorca News: The bad bank will have taxation benefits to attract more investors to Spain

Luis de Guindos announced several weeks ago that the bad bank would begin operating on December 1, 2012 with all necessary capital. The ‘bad bank’, a tool “more powerful even than their capital injections”, according to the Minister of Economy, Luis de Guindos, will benefit from atractive taxation measures to attract investors. The company, called […]

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