Spanish Housing Minister attends overseas property show in London

 

The Spanish Government Property Road Show arrived in London yesterday, which featured a speech from Beatriz Corredor, the Spanish Minister of Housing.

The Road Show, which was part of the Property & Investor Show OPP Live, consisted of a Spanish Government stand in the centre of the exhibition hall around which 12 Government approved companies were provided with individual podiums to market their real estate portfolios.

Representatives from a number of Spanish Property Abuses Groups attended to make the exhibitors aware of their problems.

Beatriz Corredor delivered her speech to around 70 people, made up of trade guests, individual investors, Spanish Government Embassy Officials and a number of victims of property abuse in Spain.

members of the audience were also provided with copies of the Spanish Government publication ‘How to buy a home in Spain – Step by Step Guide'.

The Minsiter was introduced by the Spanish Ambassador to the UK, Sr. Carles Casajuana, who advised the audience that instead of a Q&A session at the end of the seminar Beatriz Corredor would host a drinks reception where the audience could enjoy some Spanish Wine.

Here she explained how now was the optimum time to invest in Spanish Property due to the falling property prices, IVA reduction on new properties, Land Registry searches now available in English and the transparency and legal security available to purchasers. However, the Minister failed to acknowledge that there were any problems within the Spanish real estate sector.

The event was also attended by Marta Andreason, MEP, who challenged the Minister in both English and Spanish over property abuses by the Spanish Government.

Representatives of the Bank guarentee action group attended the meetings, but were denied the opportunity to address the Minister directly.