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The expression Spanish real estate crisis or property crisis that began in 2008 refers to the set of economic indicators (sharp fall in the price of housing in Spain, credit shortages, etc.) that, with all their severity in 2010, would evidence the deterioration of real estate expectations and of the construction industry in Spain [1] in the context of a global economic crisis and the property ...
Woermann Tower also Torre Woermann is a mixed-use tower in Las Palmas on Gran Canaria, Canary Islands, Spain.Completed in 2005, the tower was designed by Abalos & Herreros in collaboration with Joaquin Casariego and Elsa Guerra, and built by Ferrovial Inmobiliaria, the company also built around the same time one of the two Torres de Santa Cruz, in the city of Santa Cruz de Tenerife. [3]
Unfinished buildings due to the crisis in A Coruña.. The residential real estate bubble saw real estate prices rise 200% from 1996 to 2007. [19] [20]€651 billion was the mortgage debt of Spanish families in the second quarter of 2005 (this debt continued to grow at 25% per year – 2001 through 2005, with 97% of mortgages at variable rate interest).
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The capital city of Las Palmas de Gran Canaria was founded on 24 June 1478, under the name "Real de Las Palmas", by Juan Rejón, head of the invading Castilian army. In 1492, Christopher Columbus anchored in the Port of Las Palmas (and spent some time on the island) on his first trip
The city was founded by Juan Rejón on 24 June 1478, with the name "Real de Las Palmas". [15] Rejón was head of the invading Castilian army, which then engaged in war with the locals. [16] [17] The war began at the mouth of the Guiniguada ravine, where he settled together with his 30 soldiers El Real de Las Palmas, which today is the district ...
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The Puerto Vallarta real estate tourism market is made up of both full-time retirees and second-home owners, primarily from the United States. On average about 40% of buyers are American, with 30% consisting of Mexican nationals, and Canadians and other foreign buyers making up the remaining 20%.
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