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Vol. 4 Issue 80 www.gibraltarolivepress.com September 26th - October 9th 2018
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September 2018
the GSD, the Chief Minister was also accused of ‘lying’ to Gibraltarians after he refused to publish the event’s financial expenditures. The party accused the Rock’s leader of spending taxpayers’ money on a ‘grace and favour
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See page XVI
Page VI
Price hike
Taking a stroll around a mountain of bargains
Page IV
Casa or Cave
TRIPLE JOY: Historic internal patio
in Cadiz stunner, while (below) ancient
arches in Sevilla mill and a vineyard/equestrian
Fabulous photo report of Andalucia’s cave-dwellers
estate, near Ronda
Page XX
Famous Guests
Reform of stunning hotel where Virginia Woolf stayed
Page XXV
The top three locations benefiting from the buy-to-let second home boom are the Costa del Sol, international market, the Costa Blanca,which has 4% of the also at 4%, and the Algarve, in Portugal, with 5%. Back in the 1970s, nine out of 10 second homes purely for themselves.homeowners kept their
Costa del Sol is cashing in on a buy-to-let boom
Even up to 2000 that figure only dropped to eight out of 10 homeowners. But times are changing with more their holiday home into a nice little buyers hoping to turn survey by Savills and HomeAway. earner, according to a In the early 2000s, only 14% of second purely for rental rather than personal homes were bought But by the time of the credit crunch, use. to 19% and now more than a third this figure had risen of second homes are
bought as investments. “In a low interest rate environment out income-generating assets,” said investors are seeking director for Savills World Research.Paul Tostevin, associate “Today’s second home buyers want properties to work for them financially and they’re increasingly looking not just to cover costs but to turn a profit.” He added: “Global tourism continues to grow, with international tourist arrivals up by 7% last year to a record 1.3 billion. At the same time, the rapid expansion of online holiday home platforms such as HomeAway opens up the market to new target groups and makes it much easier for owners to make their properties income-producing.”
Free Willy! GIBRALTARIANS are to be banned from keeping whales and dolphins in captivity. It is one of the specific changes to be made to the ‘out of date’ Animals and Birds Act. Under new proposed animal protection laws there will also be tougher penalties for cruelty. Anyone convicted of committing cruelty to pets faces up to five years in prison. Under the new Animals Act, as it will be called, officers will be able to confiscate pets left in hot cars, or any other pets in distress. The changes come after an extensive review carried out by local organisations. “Our law was very out of date and the powers and penalties at present do not reflect what out 20th century society expects. This is a significant and important piece of legislation,” said Minister for the Environment John Cortes.
Fake advisor
UNDER FIRE: (Inset) Fabian Picardo in war of words with GSD while (right) Rag’n’Bone man performs at MTV festival jamboree’ to entertain friends in an exclusive VVIP area. “Gibraltar is getting used to Picardo’s spin and lies,” slammed GSD leader Keith Azopardi. “With refusing to publish a real and complete breakdown of figures on the festival, Mr Picardo has now lied to the people of Gibral-
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ust an hour or two from the Costa del Sol you’ll find a range of stunning historical gems for sale, many going back to the Roman era and one where Napoleon (right) once stayed.
Is this Spain’s most expensive home?
GSD slams Fabian’s ‘jamboree’ after MTV festival loses millions of ‘taxpayer money’
By Laurence Dollimore & Elisa Menendez
VS
INTERIORS WORLD CUP, PART 2 See page
Little bit pricey
FACE THE MUSIC THE Government has been slammed over losses for its Gibraltar Calling festival to the tune of £9.3 million. The GSD opposition party accused Fabian Picardo of a lack of transparency and claimed he ran the festival like his own personal ‘jamboree’. In a damning statement by
September 26th - October 9th 2018
miss our INLAND J Property DREAMING special inside as the section reaches its fourth MNice little earners birthday ORE buyers than ever are snapping homes to rent out - and the Costa delup second second hottest destination of choice. Sol is the According to new research, more than two thirds of owners now rent out their part or all of their costs, reversing second homes to cover the trend of 50 years ago.
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Don’t 26th - October September 9th 2018 roperty
tar by saying that we would increase ticket prices at the festival,” he added. “Will the Government now publish the list of invitees to its VVIP enclosure?” questioned Azopardi. The attacks led to a vicious row between the government and the GSD after it emerged that this year’s festival allegedly lost a staggering £3.1 million last year alone. It also came as ticket sales dipped for this year’s twoday event, organised with MTV alongside Londonbased business Neon Angel Limited. The GSD claimed that the £3.1 million loss figure for last year was the ‘highest ever’, but this year it could be considerably worse ‘given the diminished list of acts, worse timing of the festival and the undoubted effect on ticket sales’. In addition, a government claim that around one billion viewers would tune in to watch the festival on TV was scuppered when the Broadcasters Audience Research Board showed only 6,200 people viewed the highlights programme in the UK. Azopardi continued: “The GSD is in favour of organising cultural and entertainment events such as these
but they need to be managed responsibly. This is not the Government’s money – it is the people’s money.” He added that if the GSD was in power the festival would be put out to open tender. “We would certainly not have a grace and favour private enclosure for friends, family and party activists. There is no case for the Chief Minister to lord it over the rest of paying customers as is the case every year,” he said.
Tirade
The Chief Minister hit back with a personal tirade at the GSD opposition, slamming their ‘contradictory and hypocritical behaviour’, claiming that many of the MPs had accepted an invitation to the festival. In particular, he slammed shadow finance minister, Roy Clinton accusing him of being critical as he ‘does not enjoy this kind of music anyway’. He added: “Heaven forbid that Mr Azopardi is ever in a position to run the festival! It would end up as unexciting and irrelevant as the GSD.” The Government also insisted that to describe the festival as a loss is ‘too simplistic’. Opinion Page 6
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UP to one in three reviews on Trip Advisor is fake, a new investigation has found. An analysis of tens of thousands of reviews shows toprated B&Bs have almost twice as many ‘fake’ reviews as lowerranked accommodation. The Times caught restaurants trying to buy 5-star reviews, as well as negative reviews of rivals. It comes after the Olive Press exposed a series of Costa del Sol businesses paying for dozens of fake five-star reviews on TripAdvisor in a bid to increase their rankings.
Negative
Despite TripAdvisor stepping in to investigate, the Times investigation insisted enough was not being done to stop the bogus reviews. Another recent study found that almost nine in ten hospitality businesses have been victims of negative reviews. Consumer groups say fake reviews are a growing problem and it is believed almost €16 billion a year is spent on travel and hotels following reviews. Do you know of any businesses selling fake reviews? Or places abusing social media or review sites? Contact newsdesk@theolivepress.es Trick Advisor, page 7
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