REACT NewsletterOne of the Safest Places in EuropeMay 2006in this issue

* Tighter controls over Spanish Mortgages

* "undiscovered" Spain

* Property of the Month

New crime figures for Spain show the country to be one of the safest in Europe with 49.3 crimes per 1,000 inhabitants.

Secretary of State for Security, Antonio Camacho, said the number includes data from the National Police, Civil Guard, and regional police forces in the Basque Country and Cataluna, and results in a crime rate 20 points lower than the EU average.

11 regions of Spain are clearly below the Spanish average for crime, three are slightly above average, Canaries, Andalucia and Cataluna, and only five, are well above the Spanish average, Madrid, Valencia, Ceuta, Baleares and Melilla. This last group approach or are slightly higher than EU levels for crime.

Lowest crime figures in Europe

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Tighter controls over Spanish Mortgages

The Bank of Spain (Banco de Espana) have tightened their grip on the indebtedness of the countries leading mainstream banks.

They have been warning for some time now of the current increasing situation which is causing this gap within the financial sector. The indebtedness has been identified as the result of defaults in mortgage repayments (http://rs6.net/tn.jsp?t=vsd48vbab.0.0.ow854pbab.0&ts=S0181&p=http%3A%2F%2Fwww.reac-t.com%2Fweb%2Fen%2Fmortgage_calculator.php), particularly from the non-resident sector of the market

Read on... - http://rs6.net/tn.jsp?t=vsd48vbab.0.0.ow854pbab.0&ts=S0181&p=http%3A%2F%2Fwww.reac-t.com%2Fweb%2Fen%2Fpress.php%3Fnews_id%3D73%26start%3D0%26category_id%3D%26parent_id%3D0%26arcyear%3D%26arcmonth%3D

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~"undiscovered" Spain

Is there still such a thing as "undiscovered" Spain, or have the British infiltrated every corner? Well, for a long time Extremadura seemed to fit the bill: big, open countryside, beautiful valleys and woods in the southern part, harsh landscapes to the north and - a few ancient towns apart - not much there to spark a buyers' rush.

But even here the British are creeping in. The most westerly part of the region is less than three hours from Madrid by road and Iberia flights between Badajoz and the capital have really opened up Extremadura to commuters. Weekenders and foreigners have followed, drawn by low prices for village properties. It's almost impossible to buy land in the countryside: here, vast estates hold sway

Read on... - http://rs6.net/tn.jsp?t=vsd48vbab.0.0.ow854pbab.0&ts=S0181&p=http%3A%2F%2Fwww.reac-t.com%2Fweb%2Fen%2Fpress.php%3Fnews_id%3D75%26start%3D0%26category_id%3D%26parent_id%3D0%26arcyear%3D%26arcmonth%3D

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Property of the Month

Our property this month is a superb modern villa set in the fabulous area of El Madronal. Tastefully decorated and furnished throughout the property, this is a splendid home, for any family. breathtaking views surround the property, as every corner of this location is not only beautiful, but full of character.

Read on... - http://rs6.net/tn.jsp?t=vsd48vbab.0.0.ow854pbab.0&ts=S0181&p=http%3A%2F%2Fwww.reac-t.com%2Fweb%2Fen%2FsearchEngine.php%3Fcontent%3D5%26loaded%3Dyes%26idvi%3D289476%26idLang%3D1%26newDevelopments%3D%26salerental%3D%26currency%3D

Article submitted on 2008-09-12