Wednesday 23 May 2012

Fleeing the Costa catastrophe: Thousands hand back their villa keys as Spain's economy teeters | This is Money

Fleeing the Costa catastrophe: Thousands hand back their villa keys as Spain's economy teeters | This is Money

Dennis and Christina Powell have always loved Spain. Over the years they had gone there on holiday many times.
They love its people, culture and climate so much that in 1999, after retirement, they decided to buy a three-bedroom apartment in Torrevieja on the Costa Blanca. It cost them £36,000.
For nine years they escaped the British winter and headed off to their Spanish retreat in the sun.
Pain in Spain: Dennis Powell has escaped the Costas property crisis

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