Friday 7 October 2011

Foreign investment in Spanish property up by 33%

Bank of Spain, Madrid,
prime piece of property
SPAIN The Banco de España half-yearly report on property investment revealed recently that the total foreign investment in Spanish property amounts to €2.4 billion, which is 32.8% above the figure for the same period last year.(Note: One wonders how many sharks there are out there, taking advantage of those who can't pay their mortgages because they lost their job in cutbacks caused through no fault of their own...)

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