In Germany

That’s why many votes loud that are see the demolition as the only way out. De facto, the bad Bank (SAREB) in their business plan draws a Depreciation of 103 million in consideration for possible cracks. (Similarly see: This is reflected in an increase of 5% on home and apartment purchases in the past year. However, unlike Spain, these purchases are financed often Savings or selling holiday real estate (often on the Spanish coast), and not by easy loans, as they were thrown behind the customers in southern Europe.

Another difference between the real estate sectors of the two countries is the construction of holiday complexes (apartments and hotels) on the Spanish coasts. A phenomenon that has a low range in Germany and has significantly contributed to the real estate boom in Spain. So much so, that according to a report by Greenpeace, the building boom leaves behind a nearly destroyed coastline, at a construction rate of 2 acres a day between 1997 and 2005. Thus, one can say that Spain and Germany have different starting points in terms of its real estate sector. Spain has the hard case, a long and rocky road of recovery ahead. Germany undergoes change in purchase and rental behavior of its population and tried to dispel doubts about a real estate bubble that has no significance beyond the major cities. Contact: