Archives for 2005

December 6th, 2005

Despite enjoying a unique micro-climate, dazzling architecture and unspoilt beaches, until recently the town of Villajoyosa has played second fiddle to neighbouring Benidorm. Now it’s about to become Costa Blanca’s newest property hotspot. Located 30 kilometres north of Alicante on the Costa Blanca, the town of Villajoyosa lies at the ...

Continue reading Spotlight – Villajoyosa in Alicante

November 29th, 2005

New rules have been unveiled in the south of Spain designed to eliminate the problem of developers to abuse the system and take large amounts of land for themselves. A new law being debated in Valencia could bring an end to the so called ‘land grab law’, which has been abused ...

Continue reading Spain’s ‘land grab’ Comes To An End

November 22nd, 2005

The LRAU, the law used as a vehicle for property development abuses in Valencia, is being replaced by a new municipal law, the LUV. This is very good news for those concerned about the media stories of land grabbing by unscrupulous developers. The new LUV is currently being debated in the ...

Continue reading Hello LUV, Goodbye LRAU

November 10th, 2005

Those looking to invest in southern Spain have long been concerned about the issue of relatively high crime rates in the region. These fears have sometimes resulted in people being put off purchasing a property in Spain for fear of losing out on their investment because of the cost involved in ...

Continue reading Police Crackdown Cleans Up Costa del Sol

November 1st, 2005

The area of Los Guajares lies to the South of Granada. Cut off from modern Spain until recent years when a road was built to reach the villages, this mountainous community resides within a sub tropical valley, through which the Guadalfeo river runs. Only 20 minutes from the coastal resort ...

Continue reading Location spotlight – Los Guajares

August 1st, 2005

Spanish developers exhibiting at The Property Investor Show in London (23rd to 25th September, ExCeL London) hotly dispute recent reports that high levels of house price growth in Spain mean that the property market is set to follow the downward trend as seen in the UK market over the past ...

Continue reading Spain’s Property Bubble

July 27th, 2005

Estimates from the Bank of Spain state that house prices in Spain were overvalued by as much as 35 per cent last year, issuing warnings that the property market could fall victim to rising levels of household debt, and stressing that Spanish households are vulnerable to ‘certain macroeconomic or idiosyncratic ...

Continue reading Spanish Properties Overvalued?

July 14th, 2005

In the UK, different marketing groups often come to different conclusions about housing market trends there. The basic problems are those of monitoring advertised prices versus agreed prices and the time lag between agreeing a sale and closing the deal. The situation in Spain is very similar except that almost no ...

Continue reading Why pricing reports tell different stories

June 23rd, 2005

A new report reveals declining sales figures on the western coastline The building market on the Costa del Sol is slowing down, after many years of galloping growth and a landscape of high cranes right across the area. A recent study by the property consultant group Aguirre Newman, which analyses the ...

Continue reading Price of new housing drops for first time in recent years on the Costa del Sol

June 14th, 2005

Spain’s notorious “land grab” law, under which hundreds of expatriate Britons have lost homes on the Costa Blanca, is to be scrapped in three months. Faced with the prospect of being hauled before the European Court of Justice, Spanish provincial legislators have pledged to redraft the property laws by September and ...

Continue reading Spain to scrap ‘land grab’ law and compensate Britons

June 2nd, 2005

The Kyero price guide has been updated! Each month we recalculate the average prices of 50,000 properties and compile this free, seven-page report. The Kyero price guide is designed as a ‘snap-shot’ of curent property prices and is produced in an easy-to-print format, ideal for adding to your armoury when searching ...

Continue reading New Price Guide to Spanish Properties

May 30th, 2005

Demand for properties in Spain continues to ride high, with a steady stream of foreign investors looking for bargain holiday homes or buy to let property ventures while Spanish nationals remain keen on purchasing second homes in out of town locations. As a result, the construction of new homes in ...

Continue reading Spanish property market continues to swell

May 26th, 2005

We’re pleased to announce a new feature at Kyero - average price statistics displayed alongside every property! Now, when you’re viewing properties you can see the average price for similar properties in the same province compared to average prices throughout Spain. The average prices are recalculated every day using valid live properties ...

Continue reading Making sense of Spanish property prices

May 17th, 2005

Buying a house in Spain almost always involves paying “black money” to evade tax but would be expats should be warned the government is getting tough on this type of fraud. To buy that dream home some are prepared to pay “black money” There is an anecdote which some Spanish property lawyers ...

Continue reading The Spanish Property black hole

May 6th, 2005

“Land grab” involves the compulsory payment of land or cash by Spanish property owners as a contribution towards infrastructure costs such as mains water, sewage, roads etc. Although it has captured the headlines “land grab” only affects a tiny minority of Spanish property owners and need not affect anyone who ...

Continue reading Spanish Property "Land Grab" facts