April 6th, 2009
Lost confidence in stock market-Disillusionment with the Stock Market and an ever-increasing demand from foreign buyers wanting to escape the cold climes of northern Europe have kept Spain’s property market extremely buoyant and there seems little sign of that changing in the foreseeable future
Holiday homes-The dream of buying a property in Spain has been realised by hundreds of thousands of foreigners as holiday homes. Property Investment in Spain has become very popular due to the wonderful weather in Spain and the abundance of excellent facilities, such as golf. Spain has over 26 golf courses, numerous beaches and an attractive Spanish culture. Spanish properties are becoming more popular as they provide an excellent investment and a holiday home. Read the rest of this entry »
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April 6th, 2009
The last few years has seen a dramatic increase in the number of overseas investors buying apartments, homes, villas in Spain. Warm summers, mild winters, fantastic scenery and great food are just some of the factors that have combined to attract unprecedented international investment. And as if that wasn’t enough, low interest rates, the continuing boom of Spain’s housing market and the growing demand for accommodation from the tourist industry means that an investment you make now will yield impressive returns in the years ahead. Read the rest of this entry »
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April 6th, 2009
Widely known for Flamenco music and dance, bull-fights, fantastic beaches and lots of sunshine, Spain has to offer much more than that. It is - and has been for thousands of years - one of the cultural centres of Europe. It has beautiful cities and towns, offering really old monuments as well as futuristic architecture. Its various regions are all different one to each other, geographically, climatically and even in personality. It is a fascinating country to know and to know more about it. Read the rest of this entry »
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April 6th, 2009
Spain’s powerful world empire of the 16th and 17th centuries ultimately yielded command of the seas to England. Subsequent failure to embrace the mercantile and industrial revolutions caused the country to fall behind Britain, France, and Germany in economic and political power. Spain remained neutral in World Wars I and II, but suffered through a devastating civil war (1936-39). In the second half of the 20th century, Spain has played a catch-up role in the western international community. Continuing concerns are Basque Fatherland and Liberty (ETA) terrorism and further reductions in unemployment.
Spain’s mixed capitalist economy supports a GDP that on a per capita basis is 80% that of the four leading West European economies. Its centre-right government successfully worked to gain admission to the first group of countries launching the European single currency on 1 January 1999. The AZNAR administration has continued to advocate liberalization, privatization, and deregulation of the economy and has introduced some tax reforms to that end. Unemployment has been steadily falling under the AZNAR administration but remains the highest in the EU at 13%. The government intends to make further progress in changing labor laws and reforming pension schemes, which are key to the sustainability of both Spain’s internal economic advances and its competitiveness in a single currency area. Adjusting to the monetary and other economic policies of an integrated Europe - and further reducing unemployment - will pose challenges to Spain over the next few years. Read the rest of this entry »
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