Spain Real Estate News

What's really happening in the real estate world in Spain? The EOS Team are going to be keeping you up to date with everything that's happening from a market perspective.

13 arrested in real estate corruption case
28 February 2009 @ 10:38

MADRID - Spanish police arrested the mayor of a small town and 12 other people in a real estate fraud case involving home sales to foreigners.

The Interior Ministry says the Socialist mayor of Alcaucin in southern Malaga province allegedly accepted bribes to allow construction of homes in nonresidential areas.

The ministry said in a statement that those arrested Friday included real estate promoters, members of the mayor's family and two architects.

Corruption has become a major issue before regional elections Sunday in the Basque region and Galicia in the northwest.

One probe has implicated members of the conservative opposition Popular Party. The opposition has in turn accused the government of putting pressure on the judiciary.

Source: MSNBC

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3 Comments

susan said:
28 February 2009 @ 17:55

Does anyone have the names of the developers, promoters etc.

Any info would be gratefully received as we paid deposit 05 - complex in Alcaucin never built and bank guarantee refund refused.

stef said:
02 March 2009 @ 11:49

Developers are Crocasa SL ( based in Alcaucin) and Altos Axarquia ( based in Huelva i think)
Live in Alcaucin but not much news getting out at moment apart form old Pepe the mayor keeping 160000 euros under his mattress. They are in court today

Joe said:
15 March 2009 @ 12:26

Hello Susan, can you send me your Information ? Are you interessted to share the informations ?

share at
women-at-work.org