Spain has the highest number of empty houses in Europe: 3.4million of them at a time when many are facing evictions for defaulting on their mortgages. House prices in Spain are also at an all-time low, according to Instituto Nacional de Estadstica (INE) numbers for December 2013.

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Household insurance prices fall, but 8.5 million homes in Spain have no cover. Read this and thousands of other news stories and articles on thinkSPAIN, the leading English language website for Spain.

Spain, country located in extreme southwestern Europe.It occupies about 85 percent of the Iberian Peninsula, which it shares with its smaller neighbour portugal. spain is a storied country of stone castles, snowcapped mountains, vast monuments, and sophisticated cities, all of which have made it a favoured travel destination..

Mix – Tips from people who have bought property in spain youtube 10 Facts You Should Know Before Buying a House in Spain – Duration: 5:19. MyCurrencyTransfer.com 21,799 views

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Spain – Spain – Housing: During the Franco era, housing shortages and. However, population growth continued to outstrip housing construction, and at the. the housing stock is relatively old, with more than half of all units built prior to 1960.. of the lowered prices, and much of the excess housing stock sat empty .

At the heart of it all is Pyrgos at Tinos’s northern tip, honeycombed with sculptors’ ateliers, picturesque paths and marble carvings framed by fuchsia bougainvillea. Visitors can take home marble..

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Spanish government data laid bare the extraordinary scale of the country’s crisis, with figures revealing there are now 3.4 million empty homes – 30 per cent of Europe’s vacant properties.

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One company that has specialised for many years in this luxury property is First 4 Property Group who are based on the Costa del Sol but who cover the whole of Spain. In fact, as of today’s date they have access to some 50,000 properties throughout the mainland, the Canaries and the Balearic Islands.A large percentage of these are what can be.