What if my Spanish bank goes bankrupt?

Recently 16 Spanish banks have been downgraded by Moodys, one of the big 3 credit ratings agencies, and both savers and borrowers both in the UK and in Spain are showing concern about what might happen if their particular bank goes bankrupt itself.

Short term rental – Holiday letting law in Tenerife

Short term rental – Holiday letting law in Tenerife. Edit: As of December 2014, there has been a draft law written that may well change things later in 2015, click the link to find out about the possible changes to the short term letting laws in Tenerife. Subject to “Ley 7/1995”, the short term commercial … Read more

Letting laws in Tenerife

1 bedroom apartment for sale in Parque don Jose Costa del Silencio Tenerife

Subject to “Ley 7/1995”, the short term commercial letting of property i.e. holiday letting, in the Canary Islands is illegal, unless the complex in which the property to be let is situated, was originally defined as a touristic complex.  This would have been when the original statutes were written for the complex or if the … Read more

Typical food and drink of Tenerife – Gofio

Gofio is a very typical food from the Canary Islands, it can even be dated back to the Guanches, the aboriginals of the Canary Islands, who would have made it from barley and certain ferns and eaten it as a staple in their diet.

Rally cars and Formula 1 track in Tenerife

Apart from the obvious, go-kart racing, there isn’t a great opportunity to see any motorsport in Tenerife.  There are the frequent car enthusiast and classic car get-togethers, plenty of Fernando Alonso Formula 1 fans that meet in the bars at Sunday lunchtimes, or maybe a little earlier…, to watch the Formula one racing. For motor racing fans … Read more

Los Cristianos Carnival Tenerife – 2012

Los Cristianos Carnival Tenerife 2012.  I decided to go behind the scenes to look at the final preparations to get the parade ready. The dance groups, bands and performers all congregate at the end of Avenida Juan Carlos 1.  The noise of the bands seem to be competing with one another as they all warm up and have their … Read more

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