Costa del Sol Property Blog

Dear fellow petitioners,
You may remember that 17 months ago I submitted a petition to the Governor of the Bank of Spain with regard to the non-compliance of the various Spanish banks who were not honouring the guarantees given by them to protect deposits paid by purchasers of off-plan properties. You very kindly supported this petition and were signatories to it. The petition was briefly brushed aside by the Bank of Spain’s legal representative who in so many words suggested we deal with the matter through the courts. This in spite of the public pronouncements made by the Governor himself when explaining his powers to deal with recalcitrant banks.
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This month, a petition will be delivered to Number 10, requesting that Gordon Brown plays his part in helping solve some of the issues involving Spanish real estate and the UK investor.
The document asks that he lodge’s a complaint on behalf of British citizens who have become victims of Spanish property scandals and abuses. It also asks that Britain involve the EU.

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I have just been onto the Marbella Town hall website and have found information relating the Marbella PGOU (Urban Plan). As many property owners and potential buyers know Marbella has suffered from a large swath of illegal properties, around 18.000 apartments, townhouses, villas, etc…

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Last Thursday I was down in Mijas Costa, La Cala specifically showing some people the area. In between getting soaked in the torrential rains some interesting bits of information can up, which after some research appear to be genuine.

It appears that under the Mijas PGOU plan (the urban plan) quite a few projects have been approved that should see the coastal area develop in a way that will enhance the quality of life for people living and working in the area.

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