The cold conditions and snowstorms that have been affecting the Iberian Peninsula have reached the province of Malaga. Winter seems to have arrived earlier than usual and with a vengeance this year. Just a few days ago, the temperature dropped to minus two degrees Celsius in some towns in the Malaga region. The average minimum [...]
Entries from December 2008
A cold and rainy autumn in Malaga
December 19th, 2008 · No Comments · málaga
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Costa del Sol Property Market Report December 2008 from Spanish Hot Properties
December 16th, 2008 · No Comments · málaga
As 2008 draws to a close and the sterling exchange rate impact further on an already depressed Costa del Sol Property market how will things go in 2009? The oversupply of Spanish property at the bottom to middle end of the Costa del sol property market hasn’t got any better and the saying at the [...]
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37,000 houses and flats rented in Málaga province and not delcared
December 16th, 2008 · No Comments · málaga
Hacienda has drawn up a report estimating the extent of the submerged economy in Andalucía. The extent of the black or submerged economy in the province of Málaga has been estimated to be 5.4 billion € in total and of that 65 million comes from the nearly 37,000 houses and flats which are being rented [...]
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How Spain built on the boom in dirty money
December 16th, 2008 · No Comments · málaga
One of Africa’s most unsavoury dictators, he shares the same dubious claim to fame as a number of Russian mafia bosses, crooked Spanish council officials and British criminals. Teodoro Obiang Nguema, President of Equatorial Guinea, stands accused of siphoning off $26 million (£17.5 million) from state money and laundering it through a series of properties [...]
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New attack on beach restaurants on the Costa del Sol
December 9th, 2008 · No Comments · málaga
It’s estimated that 300 restaurants have to be moved off the sand along the Costa del Sol. The Coastal Authority wants to move 300 chiringuitos beach bars off the beaches of Málaga province. The number represents 60% of the total 500 merenderos along the Costa del Sol. The Government has restarted talks with the local [...]
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