26 January 10 - 11:56First English-speaking University now in Marbella
Marbella — For decades, Marbella has been an international hub for both business and pleasure. Marbella’s unique demographics and smart-casual atmosphere have made it a center for the entrepreneurial spirit that is well established and growing in Spain.
Because of its international reputation and appeal, Marbella attracts millions of tourists and hundreds of thousands of English-speakers of different nationalities who decide to make Marbella their permanent home, including many celebrities. They come here for night life, excitement, and leisure, but many also come seeking opportunities for business and learning. In the past 50 years, Marbella has seen countless hotels, golf courses, developments, international schools, as well as other businesses set up, and now the ... (more)
26 January 10 - 11:55Bank Reposession for sale in El Rosario, Marbella
Hardly do we bump into bank reposessions or distressed property worthwhile mentioning. Mostly we see that the best bargain is one created by negotioting strongly. But this time we have encountered a villa in El Rosario that has been reposessed by the bank and will be sold to somebody coming with a sensible offer.
The property has 6 bedrooms and is located on a large double plot of approx. 2000 square metres. The properties does need renovation/modernizing but the aiming price will be around 600 to 650.000 euros. With similar properties on the market for at least 300.000 euros we can absolutely say that this is a genuine bargain.
home-exposure-marbella.com
26 January 10 - 11:53Roc-Hotels to reopen the Don Miguel Hotel in Marbella
The hotel chain Roc-Hotels has reached an agreement with the owners of the Don Miguel Hotel in Marbella, which has been closed since October 2004, to reopen the establishment in May 2011.
Roc Hotels will be renting the establishment from the current owners and refurbish the installations. The lease agreement will have a maximum duration of 15 years and also include a clause giving the new tenants a preferential buy option.
The Don Miguel hotel will keep its 4-star rating and will be managed by Roc-Hotels as an all-inclusive hotel.
Spanishnews. ... (more)
25 September 09 - 09:08Bank of Spain to protect mortgage holders
The upper house in Spain has authorized the government of Spain to protect the mortgage holders from unfair financial practices. The Bank of Spain will now investigate the questionable mortgage practices.
The full Spanish Senate unanimous voted to approve a measure by the Popular Party, which calls on the government to take action against what is called unfair mortgage practices. Some credit institution will now feel more pressure from the Bank of Spain to regulate the mortgage market the the lending institutions, reports Finanzas.
In a statement, the spokesman of CiU in the Upper House and promoter of the agreement, Jordi Vilajoana, has concluded that the initiative gives the Bank of Spain, which is already the regulator of the financial system, "more power to protect customers with mortgages."
The Bank of Spain had also earlier prepared a report where it acknowledged that there are clauses in the mortgage contracts that ...
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