
Spanish Property has worried Prime Minister Zapatero
An issue for those considering overseas property insurance: you may be covered against the essentials and for every aspect of the building’s maintenance whether you’re there or not, but are you sure that the construction of your house was permissible in the first place? It’s a nightmare scenario, and one which certain Spanish expatriates found themselves facing, without warning, bringing to light some of the more harrowing aspects of home ownership in a foreign land.
The homes, mainly in the south of the country, were granted planning permission within the last decade, but had been retroactively declared illegal by regional planning chiefs amid allegations of town hall corruption. Some government figures estimate that as many as 100,000 homes were built in Spain’s coastal provinces in 2000 to 2010. The disputed homes in Axarquia have even been removed from the local power grids and water mains, with the spectre of compulsory demolition looming over owners, expatriate and otherwise.
The decision will apparently now be reversed (thankfully). But the victory will be bittersweet: many UK buyers, despite having paid out for house insurance Spain and every other legally essential supplement to home ownership have already had to fight the demolition order in the courts. The move comes as the Spanish property market continues to appear in rather ill-health. Property was effectively at the root of Spain’s part in the global financial crisis: the market is now flooded with cheaply available property because the banks are selling off ‘toxic’ assets. This is great news for new buyers looking in, but for existing property owners, there’s a general wish that one could take out holiday let insurance and be at the other end of the equation. Effectively denying the very existence of 11,025 homes would not be a diplomatically intelligent thing to do in Spain at the moment. But there are still 859 homes awaiting demolition within the same province. Whilst Spain remains are very attractive, very affordable option, do make sure that there are no potential disputes before you buy.

If you are planning a trip anytime soon you will definitely want to take advantage of the fantastic offer currently available from thebeautyroom.co.uk. They are giving away an £85 travel collection of beauty products for free if you spend £50.
Normally, if you wanted to escape the cold Winter weather and have a Caribbean holiday during Christmas, you would have to be rather wealthy and book atleast 6 months in advance, but all that is changing.




