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Showing posts from April, 2008

We are finally seeing realistic prices

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We received an email this morning from a developer building in Altea Hills which really is an absolutely stunning location. The email certainly woke us up. Prices slashed by up to 35% depending on the unit. That meant that a two bedroom apartment with marble floors throughout, air conditioning, underground parking, etc etc could be had for as little as 136.000 Euros, reduced from 190.000. No wonder we nearly choked on our coffees. Further details for those brave enough are available here in PDF format (thanks for that Ian!!!)

Ferrari Club España

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Ferraris from all over Spain have congregated at Polaris World's Mar Menor Golf Resort for the past few days as the Ferrari Club España chose the Resort to celebrate their first "meet" in the Murcia region. Some 85 members and friends of the association together with 60 cars are at the Resort until next Sunday and no doubt will enjoy the facilities available to them on site and in the surrounding area. Many of the visitors are staying at properties offered by Polaris World Vacations and in the InterContinental Mar Menor Hotel. The program of activities for the group will include visits to local beaty spots such as Cabo de Palos and Totano.

News from SIMA

This may be the best barometer of the global property market: The number of exhibitors for the 2008 edition of SIMA (Salón Inmobiliario Internacional de Madrid) , the annual property show taking place this week in Madrid, is down 25 percent from 2007. Last year there were 800 companies with booths, a record for the event. This year, however, there are about 600, according to event organizers. It’s the first decline in the 10-year history of the show, which is billed as the largest property event in the world.

The man who built Benidorm bows out at 85

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His keen eye for the delights of the bikini helped unleash generations of Brits on to the beaches of Spain. Pedro Zaragoza Orts, the former mayor of Benidorm who died yesterday aged 85, transformed this small fishing village into a centre for package tourists keen to feast on fish 'n' chips as they cultivated their "lobster pink" sunburn. Zaragoza, who held the post from 1950 to 1967, realised that allowing northern European visitors to bask on the sun-soaked beaches would change the village forever. Unfazed by church efforts to excommunicate him for a plan that bishops suspected might pervert the morals of the average Spaniard, he got on a Vespa and drove to Madrid to persuade General Franco himself. El Generalissimo saw the potential for tourism to bring in badly needed foreign currency and turned a blind eye to religious objections. It opened the floodgates for hordes of Britons who have headed to Benidorm ever since, to spend their holidays in English bars such as...