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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 ...
Repossession, commonly referred to as repo, is a "self-help" type of action in which the party having the right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers. [1]
Evolution of the price of square meter in Spain, in euros Stages of a speculative bubble. The Spanish property bubble is the collapsed overshooting part of a long-term price increase of Spanish real estate prices. This long-term price increase has happened in various stages from 1985 up to 2008.
First, the owner is behind in mortgage payments but still retains full control of the property. Then, the owner is still on title but has lost control of the property to the Court of Queens Bench of Alberta. Last, the legal title has been transferred by the courts to the banks. The entire foreclosure process in Alberta can take a year or longer.
The Spanish confiscation was the Spanish government's seizure and sale of property, including from the Catholic Church, from the late 18th century to the early 20th century. It was a long historical, economic, and social process beginning with the so-called "Confiscation of Godoy" in 1798—although there was an earlier precedent during the ...
Three kilometres (1.8 mi) northeast of Aguilas is la Isla del Fraile (Monk Island), so named thanks to the similarity of the island's silhouette to a monk's hood. The island has a small rocky beach and a very steep geography. The top of the island gives way to a sudden drop down to the sea on the island's south side.
Aguilar de Campoo (Spanish pronunciation: [aɣiˈlaɾ ðe kamˈpo]) is a town and municipality of Spain located in the North of province of Palencia, autonomous community of Castile and León. The River Pisuerga flows through its historic centre. Its 2011 population was 7741. [2] It is one of the locations of the St. James' Northern Way (Ruta ...
The Great Southern of Spain Railway was a Spanish-British railway company that operated in southern Spain between the late 19th and mid-20th centuries. It was the owner of several railway lines, such as the Lorca-Baza and the Almendricos-Águilas, developing an important activity in the transport of minerals .