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Spanish minister claims property is safe to buy

Posted on 05 May 2011

Unperturbed by British investors protesting outside, Spain’s development minister today explained to businessmen at the Spanish Embassy in London why now is the time to invest in Spain’s 700,000 unsold holiday homes.
The sales pitch reflects growing alarm in Spain at the huge stock of newly-built homes, the majority of which are on the coast and have been vacant since the country’s economic crisis began……………………………………….Full Article: Source


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