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bargains

Boris Becker’s luxury villa could prove a bargain for one lucky buyer

A luxury Mallorca villa purchased by Boris Becker in the late 1990s is being sent to auction in order to pay off outstanding debts associated with the property. The German tennis star briefly put the villa on the market in 2007 for close to €15 million euros, but withdrew the property shortly after. Mr. Becker […]

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Repossessed Properties, Distressed Sales and Bargain Opportunities in Mallorca

Anyone not of the understanding that the Spanish Property market has long since ground to a halt and remains in more or less that same position today is either in complete denial or quite frankly one gamba short of a paella….  Property in Spain was once as hot as the sand on its beautiful beaches […]

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Mallorca News: The bad bank will have taxation benefits to attract more investors to Spain

Luis de Guindos announced several weeks ago that the bad bank would begin operating on December 1, 2012 with all necessary capital. The ‘bad bank’, a tool “more powerful even than their capital injections”, according to the Minister of Economy, Luis de Guindos, will benefit from atractive taxation measures to attract investors. The company, called […]

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