Archives for July 2006

July 31st, 2006

New land laws aimed at cutting house prices in Spain will have the opposite effect, warn the country’s housebuilders.Spanish property developers are warning that proposed land laws will push up house prices by 10 per cent - not reduce them, as is the intention of the Spanish government.The law proposes ...

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July 28th, 2006

Statistics show Spain is emerging from a past low-confidence spell and is still a thriving holiday destination, as ripe for property investment as it was before. The figures are plain to see: the number of airline seats to Malaga has risen by 2.2 million this year, and an increase ...

Continue reading New Spanish Property Boom Forecast

July 27th, 2006

With water shortages and global warming becoming a cause celeb with politicians and in the media these days, the environment is creeping up the agenda in most countries. In Spain, where post-Franco bureaucracy and the importance of tourism and economic growth previously overshadowed any thought of environmental impact, things are ...

Continue reading Spain goes eco-friendly

July 27th, 2006

The Valencia Region of Spain is one of the most popular places for foreigners buying property. A recent report notes that approximately 22% of all property purchases last year in the Region were sold to foreigners. Salvador Villa, president of the Valencia Association of Real Estate Promoters indicated that of ...

Continue reading Valencia Real Estate a Favorite for Foreigners

July 26th, 2006

House prices in Madrid went up by an average of 11.9 percent in the past year, according to figures released recently.This represented a rise of 1.2 percent compared with the 12 months between June 2005 and the same month in 2004, when house prices rose by 10.7 percent.The Spanish Valuation ...

Continue reading Prices Rise but Slowdown Continues

July 25th, 2006

As prices continue to be out of reach for most under 30s in the UK, Spain is becoming the ideal choice for those who want to take a first step onto the property ladder but can ill afford to do so back home. A recent survey by Atlas International confirms ...

Continue reading Young Brits Opt For Spain

July 24th, 2006

If you are looking for hotspots on the Costa del Sol, check out Antequera, Campillos, Pizarra, Coín and Cártama. According to a new report from property consultants Salvago, prices here are rising at some 20 per cent a year, which is considerably higher than on the coast itself. There, we ...

Continue reading Costa del Sol Property Hotspots

July 21st, 2006

The Iberian Peninsula is full of picturesque towns set at the base of the hills, hidden in the heart of ancient mountains or set on the seafront. However, for all their beauty, many of them lack one important thing - a population. The INE’s survey of Spain’s abandoned towns and ...

Continue reading New Life for Abandoned Pueblos

July 20th, 2006

Foreign property investors who have invested in Spanish real estate have been warned that the country’s authorities are taking a tough new stand on the non-payment of local property taxes.Reports in the Irish media have revealed that the Spanish tax authorities are planning to ‘name and shame’ all property owners ...

Continue reading Spanish Tax Authorities Clamping Down

July 19th, 2006

This autonomous region of Spain is made up of several islands in the western Mediterranean lying between Spain and the north coast of Africa. The main islands, Majorca, Minorca, Ibiza and Formentera have long enjoyed a thriving tourist trade. The islands are well known for sunshine, beautiful beaches and exciting ...

Continue reading Balearic Highlights

July 18th, 2006

Andalucia is widely thought of as quintessential Spain with its spectacular countryside, beautiful beaches, white-hot days, tapas nights, flamenco, bull-fighting, the majesty of Seville, the beauty of Granada and the breathtaking Mesquite at Cordoba, all combine to create an entrancing land. The problem is several thousand Brits got there first. ...

Continue reading A Hidden Gem in Secret Spain

July 17th, 2006

Folk just fall in love with Spanish style houses and buildings and, be it for a holiday home or for permanent living, they decide they must have one of their own. Spain offers something to suit all tastes and pockets, luxury villas with gorgeous swimming pools, modern áticos (penthouses) possessing ...

Continue reading Spanish Houses and Buildings

July 14th, 2006

In short, the answer is a resounding ‘no’. However, due to the media hype surrounding ‘land grab’ (Ley Reguladora de Actividad Urbanistica or LRAU) and the high profile given to a few unpleasant cases, a degree of fear has been put into the would-be Spanish property purchaser, on whichever Costa ...

Continue reading Costa del Sol affected by Land Grab?

July 13th, 2006

In a reversal of the rapacious development that has choked Spain’s coastline with concrete over the past few decades, Valencia has started building a neighbourhood based around ancient market gardens and irrigation systems. Bulldozers have moved into an area of rundown farms and scrap yards that is to become Sociopolis, ...

Continue reading History and High-Rise in Harmony

July 12th, 2006

The respective mayors of Benidorm, Alfaz del Pi and Altea last week signed a joint agreement with the regional government to protect a total 5,653 hectares of the Sierra Helada abutting Benidorm and Alfaz, as well as 4,920 nautical hectares off the Bay of Altea and the Sierra Bernia mountains. ...

Continue reading Beauty Spots Saved