Costa Del Crime: 2009 ended with over 1.5 million unsold homes

Thursday, 28 January 2010

2009 ended with over 1.5 million unsold homes

Property sales in Spain dropped by 36% in November ‘08 registered figures. The director of TINSA, announced at a press conference that even though many construction projects have been paralized, we are still seeing twice as many constructions complete as they are being sold.

TINSA also predicts that 2009 ended with over 1.5 million unsold homes. This is an increase of over 50 per cent compared to 2008, which ended with 930,000 unsold units.

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Puerto Banús

A trip to Marbella wouldn’t be a trip to Marbella without visiting this legendary port. Dubbed the ‘Port of Abuse’ by many of its heavy-drinking insiders, Puerto Banús is named after its designer (and legendary playboy) Jose Banús, who can be credited for single-handedly putting Marbella on the map. Row after row of designer shops, hip restaurants and trendy bars, the port is where the town’s super-rich moor up their megayachts and pose for their adoring public on the decks. Aside from the boats, the one-way road is like a supercar showroom, too, with every high-end marque you can think of polished to perfection and parked up outside hip and happening places. Whether you visit the port to inflict some damage on your credit card, to dine on fresh seafood or to dance like its 1969, you’re sure to have yourself a very good time. Highly recommended is an Indonesian dinner and rum cocktails at the nearby Trader Vic’s, followed by drinks at the world-famous Sinatra’s bar, which is like a who’s who of the movie industry on a Friday and Saturday night. After that, you can move onto the nearby Suite nightclub, hidden underneath the very posh Puente Romano Hotel.

Thursday, 28 January 2010

2009 ended with over 1.5 million unsold homes

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