Share
twitterlinkedinfacebook
Image 1 of 1
MRD00406SPA.jpg
The boarded up entrance to the Hyatt Luxury Hotel. Opening was scheduled for 2007, however it has still not opened yet. Due to favourable interest rates and readily available mortgages, Spain experienced a construction boom in the years leading up to 2008. The financial crisis of 2008 caused the real estate bubble to burst leaving millions of homes and other buildings vacant. .