Tuesday, December 4, 2007

A Look At The Spanish Press

A high profile investigation into bribery and corruption claims within the Real Estate sector has began to recognise the extent of the problems on Spanish terrain. The Guardia Civil commenced their mission to end foul play within the industry six months ago, following allegations of large-scale exploitation of the market throughout the ten-year property boom. A spokesman from the investigation unit revealed that public officials were the worst culprits, as they were frequently accepting monetary favours to approve and accelerate building permits. He added that the units have begun to establish a register of all 'illegally' built properties located across the country. Their findings have led to the opening of 100 separate cases, 57 arrests, and charges being brought against 126 people for various counts of bribery and embezzlement.
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Property in Spain

Spanish real estate articles

Marbella real estate net