13.05.2011 - How much of a bargain is real estate in Spain?
Last week members of the Spanish government came to London to present Spain as an attractive destination for property investment. To an audience of UK investment fund managers and financial advisors, Spain's minister for housing Jose Blanco and secretary of state for housing Beatriz Corredor attempted to show that Spain, although struck by the crisis, is a solid economy showing signs of recovery. The message was directed at investors in the Spanish housing market in the hope of filling a surplus supply of approximately 700,000 homes, the majority built along the southern Spanish coastline.............................................Full Article: Source
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