Kind of worrying image for anyone living in Spain... we had lots of that going down over many years and it led to a collapsed property market. Hope you didn't bet the ranch!
Yesterday's papers had an article on Son Vida, Mallorca's Beverly Hills development, where fifty houses are for resale, properties that were selling for many millions of Euros a few years ago now deeply down in distressed sales country. But, they also pointed out that there are lots of enquiries from Germany and other parts, but being left-wing papers, they couldn't help pointing out, too, that it's a product of the 'market' where people thrive on the distress of others. Can't keep political slants out of anything in the local press; in fact, I have stopped buying the local English language one precisely because of that: you could script it all yourself!
Rob C