bernuy de porreros

Abandoned and unfinished residential properties are seen in Bernuy de Porreros, near Segovia, Spain(Bloomberg)

Ghost towns still haunt Spain in property rebound a decade after

By Charlie Devereux
UPDATED ON NOV 27, 2018 01:07 PM IST
A decade after the financial crisis hit, Spain’s real estate recovery is a tale of two markets. Key cities and tourism hot spots are enjoying a fresh boom, fueled by interest rates that are still near historic lows, an economic recovery and a banking system that’s finally cleaning up its act.
Story Saved