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Spain has the highest number of empty houses in Europe: 3.4million of them at a time when many are facing evictions for defaulting on their mortgages. House prices in Spain are also at an all-time low, according to Instituto Nacional de Estadstica (INE) numbers for December 2013. Empty Houses in Spain.
Feds expand crackdown on secret real estate deals beyond Miami, Manhattan Citing concerns about illicit money flowing into luxury real estate markets, the Treasury Department announced this week that it would begin identifying and tracking so-called secret buyers of high-end properties in Manhattan and Miami-Dade County. "High-end real estate investments are one of the most preferred methods for laundering the.
3.4 million empty homes is a problem for Spain, given the current depressed state of the housing market and the economy. If you look just at the 4.2 million new homes added to the housing stock over the decade, 19pc of them are empty, 14pc of them are second homes, and 68pc of them are occupied as main homes. So a third of all the new homes.
Of all the European nations, Spain is the biggest culprit with around 3.4 million empty properties currently unoccupied or 14% of all Spanish properties. Spain has become the leader in this field is due to the large demand from UK and German investors looking to purchase holiday homes in the sun during the boom years between 2000-2008.
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There are currently 1.4 million empty homes in Spain, according to research by Alquiler Seguro, a company specialising in rental accommodation. This is a huge waste of resources, they point out. The study examined 12 provinces – including Madrid, Barcelona, Valencia, Malaga, Alicante, and Seville.
The majority of second-home buyers on the island come from France and french-speaking european countries such as Switzerland, Belgium and Luxembourg, all of which have good. the types who typically.
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Most expensive homes in Spain found in Barcelona and Mallorca By thinkSPAIN Team Sun, Jun 12, 2011 CABO Formentor in Mallorca and the Passeig de Grcia in Barcelona are Spain’s two most expensive places to buy a house, and among the top 15 most pricey in Europe, according to research by a German estate agency.
All homes enjoy open kitchens, modern design bathrooms, spacious living rooms, high quality finishes and spacious terraces with panoramic views of the sea. You can control the heating locally and remotely through the smartphone application, control lighting and blinds in the living room and the master bedroom, all by home automation control.
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