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Monday 7 February 2011

Buy in Spain? You’ve got to be kidding

In her comment article in the Expat section of the Telegraph, Anna Nicholas opens with the words "Hark the lark. As the property market in Spain stagnates with 700,000 newly built homes up for sale, the Spanish government has begun a PR campaign to woo back the British buyer. I know, it’s enough to make you choke on your chorizo", and ends with "Until the Spanish government resolves to force its regional authorities into line, accepting new and transparent planning regulations that cannot be applied retrospectively, it might as well kiss goodbye to future British buyers".

Read Anna's full interesting comment here:Buy in Spain? You’ve got to be kidding – Expat - My Telegraph

Read the originating article in the Telegraph entitled 'Spanish housing minister appeals to British buyers to return' by Harriet Alexander. In it Beatriz Corredor, the Spanish housing secretary, is reported to have promised new planning laws to end the confusion which has led to some British home owners being ordered to knock down their properties deemed to have been illegally built. She is saying to future buyers, “Come here calmly, and trust in the system that we have and the transparency we provide”. Oh really Minister!

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