Clavijo
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- Desde
- 27 Feb 2008
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http://www.thisislondon.co.uk/news/article-23483999-details/Helldorado:%20How%20expats%20dream%20life%20in%20the%20Spanish%20sunshine%20has%20turned%20into%20a%20property%20nightmare/article.do
Es bastante largo, pero merece la pena; os pongo un anticipo:
"Here in Southern Spain, bitter expats talk about "Helldorado" - paradise that has mutated into a nightmare.
Tumbling property prices, a glut of new properties still flooding onto the market and rising Spanish interest rates are taking their toll.
Added to this, illegal building practices miccionan that 100,000 coastal homes are now under threat of demolition.
And to make matters even worse, the pound has fallen almost 12 per cent against the euro over the last year, leaving many British residents even further out of pocket.
"It's heartbreaking," says 59-year-old Daria Langrish, whose apartment has been on the market for the past year.
She and her partner Rod bought it three years ago for £147,000.
A year ago, it went on sale for £195,000.
Today, it is on offer for £143,000 - with all its furniture.
"We can't believe how hard it has been to sell," she explains."
Es bastante largo, pero merece la pena; os pongo un anticipo:
"Here in Southern Spain, bitter expats talk about "Helldorado" - paradise that has mutated into a nightmare.
Tumbling property prices, a glut of new properties still flooding onto the market and rising Spanish interest rates are taking their toll.
Added to this, illegal building practices miccionan that 100,000 coastal homes are now under threat of demolition.
And to make matters even worse, the pound has fallen almost 12 per cent against the euro over the last year, leaving many British residents even further out of pocket.
"It's heartbreaking," says 59-year-old Daria Langrish, whose apartment has been on the market for the past year.
She and her partner Rod bought it three years ago for £147,000.
A year ago, it went on sale for £195,000.
Today, it is on offer for £143,000 - with all its furniture.
"We can't believe how hard it has been to sell," she explains."