Costa del Sol, a new target for US Investors!

Posted by & filed under Costa del sol news, Property news.

  The Costa del Sol offensive on American investors and tourists has been steadily gaining ground since the financial crisis slowly dissipated and the dividends are finally paying off. Exploring the region and explaining its history and quirks to its primarily American readership, the New York Times, perhaps the world’s most iconic newspaper, has declared the… Read more »

Amancio Ortega, buys Torre Cepsa for 490 million euros!

Posted by & filed under Property news.

Amancio Ortega, Europe’s richest man and founder of global fashion group and Zara owner Inditex (ITX.MC), has bought one of Madrid’s most famous skyscrapers for 490 million euros ($551 million) through his property investment arm, a source said. The purchase marks another step in the famously-reclusive billionaire’ s strategy to build a property empire through… Read more »