Spain again is in the spotlight over what has been described as the zig-zag application of laws on property ownership. This time from their own MEPs’ who have woken up to the fact that in terms of property investment Spain is becoming a pariah state.
Spain's contempt for human rights is hardly a bright move when there’s intense competition for northern European investment: At a time of economic crisis, when green shoots are desperately needed, their stance is weed killer.
Of equal concern is the corruption; what can only be described as property owning apartheid mirrored in properties being seized whilst adjacent hotels are left untouched.
Such has the effect of branding Spain immoral, commercially incompetent, and institutionally corrupt. Sadly this negatively effects everyone in Spain who has an interest in property here.