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Ghost towns in Spain In Spain there are many so-called 'ghost towns' - the result of overbuilding, before the recession hit. Newly built ghost towns haunt banks in Spain The wreckage of Spain's once booming construction industry is everywhere. And much of it sits as bad debt on the books of Spain's banks, which once liberally offered financing to developers and homeowners alike. Spain haunted by ghost towns Spain is steadily becoming a nation of 'ghost towns' - with empty apartment blocks, streets and weed-filled gardens where bustling communities were supposed to move. Entire housing estates built during the country's boom years have been left abandoned, bricked up and now on sale for almost half their original price.
Ghost towns in Spain
Newly built ghost towns haunt banks in Spain
Spain haunted by ghost towns