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Archive for the Category ‘Property News’

MP to see Spain demolition threat expats

MP to see Spain demolition threat expats

Britons who face seeing their Spanish homes demolished are to be visited by Foreign Office minister Chris Bryant.
Spanish authorities are attempting to reclaim the country´s coastline by bulldozing some of the developments that resulted from tourism´s growth.
To cash in on lucrative immigrants, some councils allegedly granted illegal planning permission, now being revoked.
Mr Bryant will advise [...]

Desperate Measures at Polaris World

Desperate Measures at Polaris World

From Euro Weekly News -
FOLLOWING on from last week’s revelations with regards to the financial issues at Polaris World, the EWN approached a Solicitor involved in the saga to try to find out what the best course of action might be for the hundreds of investors that have been affected by its downfall.
According to reports, Murcian [...]

Spain tops foreign property chart

Spain tops foreign property chart

Spain has topped a list of countries for the best foreign property investments in 2010.
Maintaining its place from last year, the country once again ranked number one for A Place in the Sun.
New appearances in the list included the Caribbean and Bulgaria which ranked ninth and tenth respectively.
Christopher Chadd, project manager from emerging market property [...]

Polaris World in the Euro Weekly News

Polaris World in the Euro Weekly News

With the current status of Polaris World still in a delicate position, Euro Weekly News had a very good article this week, pointing out some of the problems that buyers might be facing.
The advice is still to get legal advice straight away, as per out previous articles, but this might prompt more action as you [...]

Polaris World clients urged to get immediate legal advice

Polaris World clients urged to get immediate legal advice

The situation regarding the financial status of the popular building company Polaris World has featured quite heavily in the Spanish press recently, with the company filing for a 3 month “stay of execution”, before being declared bankrupt.
An agreement was made through the courts to allow the three month grace period, which is technically a time [...]

Spanish PM warned over land grab

Spanish PM warned over land grab

Euro-MPs have demanded the immediate repeal of notorious Spanish land laws that continue to wreck the holiday-home dreams of Britons in the Valencia region.
Spanish Prime Minister Jose Luis Zapatero, visiting the European Parliament in Strasbourg, was warned he could face a campaign to stop EU subsidies to Spain unless he intervenes to stop the confiscation [...]

MORE BRITS TO LOSE HOMES

MORE BRITS TO LOSE HOMES

Brit expats are facing an anxious New Year after police served notice that they are to lose their homes and told that they will soon be bulldozed after their construction was declared illegal.
The properties are set to be razed to the ground before spring unless a last-ditch appeal can save nearly a dozen British couples [...]

Property owners facing demolition in Spain take to the streets to protest

Property owners facing demolition in Spain take to the streets to protest

British property owners in Spain are taking to the streets to protest at homes being demolished as they were allegedly built illegally despite having planning permission.
In the biggest demonstration by expatriates to date, hundreds of mainly retired British residents from Andalucía, have been waving placards and marching outside the offices of officials they hold responsible [...]

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