The Comments |
mike_congress
RE: - does that mean that all banks who have stolen deposit money from previous imvestors will be excluded from the show??
No. It means that those people who caused them embarrassment at the Embassy in May will be excluded along with anyone else who will challenge their lies.
Rambi
Me Too, Me Too, Me Too !!!
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"The Spanish companies participating in the conferences will present a certificate of compliance of the standards fixed, by an international consultant of renowned business prestige. "
Who is that then I wonder?
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They are probably still trying to find someone willing to put their international reputation on the line.
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Poppyseed
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The tour is continuing in Hamburg, but not for the moment in London.
http://www.elmundo.es/elmundo/2011/09/12/suvivienda/1315843221.html
Dada la cercanía de las elecciones, Fomento ha cerrado de momento una expedición más a Londres, dejando en el aire el resto de las ciudades visitadas durante la primavera por Blanco y Corredor: París, Amsterdam, Estocolmo y Moscú.
This message was last edited by CardiffIan on 13/09/2011.
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Hi,
I have tried to translate this info from Cardifflan, ...........Can someone tell me if it is correct, as it doesn't make much sense ??
Given the proximity of elections, Public Works has closed more time an expedition to London, leaving in the air the rest of the cities visited during the spring by Blanco and Broker: Paris, Amsterdam, Stockholm and Moscow
Wouldn't it be nice to know that they have cancelled London because of what occurred before, and if it is, maybe we are getting somewhere ?
This message was last edited by belucky358 on 13/09/2011.
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LATEST INFO FROM THE SPANISH GOVERNMENT WEBSITE - NOT SURE IF THIS IS 100% CONFIRMED YET - SO PLEASE DON'T MAKE TRAVEL PLANS BASED ON THIS INFO YET!
SEGUNDA FASE DE LA RONDA INTERNACIONAL DE PROMOCIÓN INMOBILIARIA
The Ministry of Development through the Ministry of Housing and Urban Projects in collaboration with the Spanish Institute of Foreign Trade announce in the context of the Second Phase of the International Property Tour, a Technical Meeting on Spanish Real Estate Development to be held in the UK.
The objective of this seminar is to connect developers and real estate divisions of Spanish financial institutions with industry professionals in the UK and allow the collective presence of the Spanish companies in the main event now in the UK aimed at ultimate purchaser and investors.
The Technical Seminar will consist of three elements:
• Collective presence at the show Property Investor Show & OPP Live 2011 through the Official Spanish Pavilion on 13 to 15 October
• Action networking among participants restricted to Spanish and English professionals that will be held at the Embassy of Spain in London on 13 October
• Institutional presentation by Secretary of State for Housing of the Spanish sector aimed at local professionals on 14 October
This message was last edited by Keith110 on 14/09/2011.
_______________________
LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE
fpag@btinternet.com
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Translated into English from the original Spanish Version:
PRESS RELEASE ISSUED ON 15 SEPTEMBER 2011 BY:
GOVERNMENT OF SPAIN
MINISTERIO DE FOMENTO
OFICINA DE INFORMACIÓN
Spain presents a selection of Real Estate Products in Hamburg
In 2010, homeownership in Spain by German citizens increased by 13.1% over the previous year.
• Fifteen companies and financial institutions presented a sample of their housing stock, mainly holiday homes, aimed at German real estate professionals and brokers.
• The Ministry of Development in Germany starts the second phase of the international tour to promote foreign investment in the housing market in Spain.
Thursday, September 15, 2011
In Hamburg today, a delegation of fifteen promoters and Spanish financial institutions presents a sample of homes they have in stock, in a conference aimed at professionals and intermediaries in the German real estate.
With this meeting, the Ministry of Development, in collaboration with the Spanish Foreign Trade Institute (ICEX) in Germany started the second phase of the international tour that began in May to publicize the situation of the housing market in Spain, price adjustments, the available housing stock and legislative reforms implemented by the Government of Spain.
Secretary of State for Housing, Beatriz Corredor, who has accompanied the Spanish businesses, explained that the objective of this initiative is to "restore the channels of communication, distribution and marketing companies have lost during the crisis with the main markets with an interest in vacation homes, representing one third of the total housing in Spain."
Housing prices in Spain are down 17% on average and 22% in real terms from their peaks, but in some areas, especially in the most popular for vacation homes, falls ranged between 30% and 40%. The available housing stock, which in 2010 began to decline, is 687,000 units, 47% of which is located on the Mediterranean coast.
In addition, the Government of Spain has approved a tax rebate for the purchase of new housing, which until December 31, 2011 will be taxed at a rate of 4% instead of 8%. Also, recently approved are new measures to increase transparency, guarantees and certainty in the Spanish property sector.
"This, coupled with competitive advantages that have characterized Spain as secure, geographic proximity, good climate, quality of life, universal public services of high quality and totally renovated transport network in our country has placed Spain as an ideal destination for investment at this time," assured Corridor
According to recent data, Germany is one of the European countries with greater investment in Spain in 2010, home purchases by citizens Germans last year in our country increased by 13.1% over the previous one. In addition more than 8.8 million German tourists, 16.7% of the total, visited Spain in 2010, being the largest group of tourists behind only the British.
Housing characteristics
In this second phase, companies and entities have submitted a sample of about 4,000 homes. All of them have undergone a process of evaluation by recognized agencies, international valuation standards recognizable in all markets, all attesting to their characteristics, from quality to urban status, to the location (distance from the coast to the nearest airport, health services and leisure, etc.)..
Most of these houses are for holiday use and are distributed throughout Spain, mainly in the most popular destinations for foreign buyers, such as the Canary and Balearic Islands and in the regions of Catalonia, Valencia, Andalusia and Murcia or other areas such as Galicia and Cantabria. They also presented a selection of housing for main residence in big cities like Madrid and Barcelona.
The type of housing ranges from apartments, presented block houses and terraced houses. They are located both on serviced and unserviced developments and also within their own cities.
_______________________
LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE
fpag@btinternet.com
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EU cash complaint
By Dave Jones – Costa Blanca News / Costa Del Sol News – 23 Sep 2011
VICTIMS of property abuses in Spain have voiced anger over possible EU funding of the government’s notorious Property Roadshow which returns to the UK next month.
The first phase of the initiative - designed to seduce northern Europeans into buying 700,000 unsold new homes in Spain - led to protests in the UK in May.
The exact date and itinerary of the second phase – also referred to as the ‘commercial stage’ - has been shrouded in secrecy.
CBNews contacted the public works ministry press office this week and was told it would take place ‘around the middle of October in London’.
However an internal government document reveals that the roadshow will be at Property Investor Show & OPP Live 2011 from October 13-15 at the ExCel centre at Royal Victoria Dock.
The second phase aims to put developers in contact with estate agents and real estate divisions of banks in Germany, the UK, Sweden, France and The Netherlands.
“It’s a good opportunity to show different quality real estate products,” states a government document.
“Only participants that fulfil strict legal and quality criteria are allowed to take part.”
The same government document states that this ‘activity’ could be financed by European Union (FEDER) development funds, with the Spanish institute of foreign trade deciding on how these funds are spent.
Victims of property abuses in Spain - which include land grab, illegal homes, off-plan sales debacles, bank guarantee failures, etc – have contacted MEPs in the UK over the issue.
Spokesman for the Finca Parcs Action Group Keith Rule said: “As a victim of bank guarantee abuse and on behalf of the Bank Guarantees In Spain petitioners I feel that given the serious unresolved issues currently associated with the Spanish property sector, it would be highly inappropriate for the EU to be funding the road shows in anyway.
“The Spanish government are attempting to paper over the cracks by introducing some measures which may assist those buying Spanish property in the future, however they have done nothing to address the serious problems still being experienced by many thousands of innocent victims.”
He said they will be attending Phase 2 on behalf of the petitioners. “We are attempting to secure another meeting with the Spanish government and Banco de España to demand that they address immediately the serious issues surrounding off-plan bank guarantees,” added Mr Rule.
The Spanish government insists that it is ‘an optimum moment’ to get rid of the housing stock – with many of the properties in the hands of cash-strapped banks after building companies with loans went bust.
The government source states that 'foreign vacational housing demand in Spain grew over 20% in 2010 with respect to 2009'.
They are anxious to tell investors that 'the average price decrease in coastal provinces has been over 26% from the peak in 2008, reaching 40% discounts in certain municipalities'.
Last week the roadshow was in Hamburg buoyed by figures which show that in 2010 the number of homes bought by Germans in Spain rose by 13.1% on the previous year.
Housing minister Beatriz Corredor accompanied Spanish property agents, stating that they ‘want to recoup lines of communication and marketing which have been lost during the crisis’
She added that holiday homes 'represent a third of all properties in Spain'.
In Germany estate agents presented around 4,000 homes ‘all of which have been evaluated by agencies of high standing’, according to a government press release.
These are all over Spain including the Costa Blanca and Costa Cálida.
_______________________
LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE
fpag@btinternet.com
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ROUND TOWN NEWS
Written by Jack Troughton
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Thursday, 29 September 2011
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Road show on crash course
SPAIN’S CONTROVERSIAL attempt to seduce buyers back into its property market is on collision course to meet a storm of protest from angry victims.
Thousands of European expats and second-home owners have suffered under property abuses and are again mobilising to combat the Spanish government’s charm offensive.
The second phase of the international road show was launched earlier this month in Germany. It is scheduled to land in the UK in the middle of October in a bid to reduce the stock of 700,000 unsold homes.
The promotion will feature Spanish Housing Minister Beatriz Corredor – who earlier this year invited investment in Spain, saying: “Come here calmly and trust in the system we have and the transparency we provide.”
And colleague Development Minister Jose Blanco has boasted the time is right for buying into the Spanish market because of the bargains on offer.
He said the road show highlighted “the strengths of our economy, transparency, and legal certainty of our planning legislation.”
But groups campaigning for justice for people who bought property in good faith and have suffered a range of high profile problems are ready for action – supported by a number of British politicians.
MESS
They want to combat the “squeaky clean” image given to the property market and are demanding the Spanish government should first “sort out the mess back at home”.
Plans for an alternative road show to help those affected by “property chaos” are already being finalised.
Keith Rule, a victim of bank guarantee abuse and head of the Finca Parcs Action Group, said he had already “reserved a seat for the free Beatriz Corredor show.”
Spain has booked a stand at the prestigious Property Investor Show and OPP for 13th to 15th October. In addition networking sessions are to be held at the Spanish Embassy in London and Ms Corredor is expected to make a presentation to professionals.
Keith told RTN there had been many “empty words” without much needed reform to end abuses such as land grab, illegal homes, failed bank guarantees and off plan fraud.
He accused lawyers and banks of being negligent while an over-loaded court system meant “justice is still an expensive dream for many victims.”
Keith said the road show was making empty promises in a bid to “entice other victims into the shambles that is the Spanish property sector.”
CRACKS
He said the promotion was an attempt to “paper over the cracks” without addressing existing problems at home faced by thousands.
Other victims the message should be made clear: “Buyer beware in Spain” – and warned many people witnessed their “trust shattered” by a lack of action to end property abuse.
One said the situation had become a “complete joke” and the road show was “an insult to lose who stand to lose so much as a result of negligence and corruption.”
MEP Roger Helmer has already approached Europe Minister David Lidington asking the road show to be cancelled until Spain gives firm assurances property rights would be respected.
He said hundreds of UK citizens and thousands of Europeans had purchased in good faith with due diligence and taking appropriate legal advice only to fall victim of property abuses.
“Many Europeans have spent their life savings on a dream home on the Costas only to wake up one morning to find an eviction notice on the doormat and a bulldozer at the gate.”
Mr Helmer said it had been suggested the road show was being backed with EU cash but investigations showed this was not the case – although the promotion did appear to qualify for funding.
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This message was last edited by Keith110 on 29/09/2011.
_______________________
LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE
fpag@btinternet.com
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Keith:
How many signers you have now? How many would you expect?
KIndest,
Maria
_______________________
Maria L. de Castro, JD, MA
Lawyer
Director www.costaluzlawyers.es
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Keith sorry if I missed this but could you tell me where the Property Show is being held in London on the 13th to 15th October.
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SEGUNDA FASE DE LA RONDA INTERNACIONAL DE PROMOCIÓN INMOBILIARIA
Spanish Government Property Road Show
PHASE 2
It is scheduled to be a 3 day visit to the UK from 13 to 15 October 2011 with various presentations and networking events at the Spanish Embassy in London.
The Spanish Government approved companies will be exhibiting their real estate and financial products in the ‘OFFICIAL SPANISH PAVILION’ on the 3 days of the Property Investor Show OPP Live at Excel London with the full backing and support of the Spanish Government.
OPP Live – ExCeL – London Docklands
ExCel, Royal Victoria Dock, London E16 1XL
Thursday 13th Oct. 10am-6pm
Friday 14th Oct. 10am-6pm
Saturday 15th Oct. 10.30am-5.00pm
Also the Spanish Secretary of State for Housing – Sra. Beatriz Corredor will conduct a free 30 minute seminar at OPP Live on 13 October at 3:15pm.
Here are the seminar details as issued by the Spanish Government and OPP Live:
Investment opportunities in the Spanish Real Estate Sector
Date: Thursday 13-10-2011
Room: 3
Time: 15:15
Duration: 30 mins
Cost: £0.00
This presentation by the Spanish Secretary of State will focus on why Spain is an attractive place to invest, as the strong commercial relations between United Kingdom and Spain show.
More precisely, it will explain why NOW is the optimum time to invest in the real estate sector in Spain, with an overview of the Government measures put in place to promote this type of investment.
Beatriz Corredor Sierra
Spanish Secretary of State for Housing and Urban Development since 2008, Beatriz was born in Madrid on 1 July 1968.
She holds a Law Degree from Madrid´s Autonomous University, she is a Notary Public and belongs to the Association of Property Registrars.
She was the first woman to hold the position of Vocal-Registrar at the Board of Competitive Examinations to the Association of Property and Trade Registrars of Spain during 2005 and 2006.
Beatriz joined the PSOE (Spanish Socialist Workers´ Party) in 2003, and was elected city councilor of Madrid´s Town Hall in September 2007, where she remained in office till she became a member of the Spanish Government in 2008
_______________________
LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE
fpag@btinternet.com
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Spanish Minister at OPPLive as home sales plummet
04 October 2011 13:07
Home sales dropped 3% year-on-year in Spain during Q2 2011 to lowest quarterly figure on record according to the latest information from the Spanish Land Registry.
In total, just over 85,000 homes were sold in Q2, down 32% compared to Q1 this year.
On a 12-month basis, just over 400,000 Spanish residential units were sold to the end of Q2, fewer than half of the one million property sales recorded at the peak of the market during the 12 months to the end of Q1 2006.
According to the Land Registry report, “the trend shows continuity towards a deterioration in real estate activity in the last quarter, as we warned in previous quarters.”
The news comes as Spain’s housing minister Beatriz Corredor is set to give a high-profile speech at next week’s Property Investor Show & OPP Live in a bid to persuade investors to return to Spain, which currently has a stock of around 700,000 unsold homes.
She recently urged potential investors to “come [to Spain] calmly and trust in the system we have and the transparency we provide”.
The ministry’s involvement is part of an agreement with the Spanish Institute of Foreign Trade to launch Spain Invest at the show, an initiative to showcase Spain’s market and overseas property businesses to a wider audience.
Spanish authorities, however, hope that a recent boom in tourism levels may eventually translate into greater demand for holiday homes in Spain, which have fallen in value by up to 70% across some parts of the country in the past four years.
The number of international tourists in Spain rose to a record high of 7.6m in August, up 9.4% year-on-year, according to a survey by FRONUR, which monitors tourist activity.
In the most recent 12-month period more than 40m tourists have gone to Spain, up 7.8% compared to the previous 12 months, making the country the fourth most-visited country in the world.
The survey found that 23% of all Spain’s visitors during the first 7 months of 2011 were British with Germany contributing 18% of all tourists. France, the Scandinavian countries and the USA were all major contributors.
To register for The Property Investor Show & OPP Live, click here. Access the seminar listings, including Corredor's address, here
_______________________
LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE
fpag@btinternet.com
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Some of the Spanish Government approved companies who will be exhibiting their portfolios in the Spanish Pavilion at OPP Live are:
Banca Civica
Bancaja
Caixa Catalunya
Banco Pastor
Cimenta2 Gestion
Live in Spain
Marina D'Or
Anyone who has a Bank Guarantee issue with any of the 4 Banks named at the top of the list may wish to attend the show and challenge the banks concerned.
Kind regards
Keith
_______________________
LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE
fpag@btinternet.com
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SPANISH GOVERNMENT PROPERTY ROAD SHOW PHASE 2 IN SWEDEN - 5 OCTOBER 2011
PRESS RELEASE ISSUED BY SPANISH GOVERNMENT - 5 OCTOBER 2011 - ENGLISH TRANSLATION
Corredor supports Spanish Real Estate companies to strengthen business relationships in Sweden
Swedish citizens are among the major foreign buyers of property in Spain
The Secretary of State for Housing accompanies a business delegation on the second phase of the international Road Show to explain the evolution of the housing market situation in Spain and the reforms undertaken by the Spanish Government
Wednesday, October 5, 2011
A delegation of fifteen promoters and Spanish financial institutions held a meeting with investors, estate agents and brokers in Stockholm, Sweden to enhance trade relations between both countries in this sector, especially in the field of holiday homes.
Secretary of State for Housing, Beatriz Corredor, who has accompanied the Spanish business, explained that the objective of this initiative is to "restore the channels of communication and marketing that companies have lost during the crisis with the main markets with interest in vacation homes which represents one third of the total housing in Spain"
With this meeting in Sweden, the Ministry of Development, continues the second phase of the international Road Show tour that began in May to publicize the situation of the housing market in Spain, the price adjustments, the available housing stock and legislative reforms implemented by the Government of Spain.
Housing prices in Spain are down 17% on average and 22% in real terms from their peaks, but in some areas, especially in the most popular for holiday homes, the reduction ranged between 30% and 40%. The available housing stock, which began to decline in 2010, is 687,000 units, 47% of which is located on the Mediterranean coast.
In addition, the Government of Spain has approved a tax rebate for the purchase of new housing that until December 31, 2011 will be taxed at a rate of 4% instead of 8%. Also approved recently were new measures to increase transparency, guarantees and certainty in the Spanish property sector.
According to the latest data available, the purchase of homes by Swedish citizens in Spain increased by 105% in 2010 compared to 2009 and accounted for 4.36% of purchases made by foreigners. In addition, last year 1,112,561 Swedish tourists visited Spain, which represents more than 10% of the total population.
_______________________
LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE
fpag@btinternet.com
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