Archives for May 2006

May 3rd, 2006

The Kyero.com price guides have been updated with the latest average property prices and price trends. You can download the summary guide and the detailed province guides for free here.We now have over a year of price trend information and you can clearly see how prices have remained ...

Continue reading Updated Price Guides Now Available

May 5th, 2006

Numerous foreigners resident on the Costa del Sol searching for ways to multiply their life savings have fallen into the trap of taking financial advice from unregistered, sometimes fraudulent, consultants. Advertising in foreign language media, the press and the radio, they offer their potential clients a return of up to ...

Continue reading Unregistered Financial Advisers Denounced for Swindling Foreigners

May 4th, 2006

La Gaceta de los negocios reported that the growth in foreign population, passing the 3.2 million figure at the beginning of the year, dropped in parallel with the rise in number of housing developments. These, in turn have grown during the past seven years by more than 2.4 million dwellings. ...

Continue reading This Week's Spanish Property News

May 1st, 2006

We Brits want old, traditional Spanish houses, reeking with character; the locals want pristine new ones, complete with all mod cons. Is the result just a series of expat ghettoes?The dream is a familiar one. Work hard, save harder, sell up and head for a new life in Spain. Not ...

Continue reading Real Spain?

May 5th, 2006

As featured on Channel 4’s A Place in the Sun last night, Jaen is fast becoming one of the up and coming areas of inland Spain. Tired of the tourist-inundated coast, many Britons are now seeking a chunk of a more authentic side of Spain. Jaen offers all the advantages ...

Continue reading Jaen Attracts International Attention

May 2nd, 2006

As picked up by the Associated Press (AP), Spain will on Monday lift restrictions on the entry of workers from some of the newer members of the European Union (EU), which analysts have suggested will have a significant impact on the country’s economic growth.The AP points out that Spain requires ...

Continue reading Further Boosts for European Property Investment

May 31st, 2006

Retirement is being redefined by the ‘baby boomer’ generation which is abandoning an afternoon’s gentle gardening or conundrum-solving with Des Lynam for adventure sports, exotic travel and personal re-invention.Trends show that those born in the ‘baby boom’ between 1945 and 1963 are ‘retiring’ from full-time employment only to take on ...

Continue reading Touching 60 and Opening the Throttle

May 10th, 2006

La Vanguardia reported this week that the announced slow down has reached the property market of Barcelona and its surrounds, in particular the less exclusive zones. According to several estate agents, the price of resales has started to drop gradually (approximately 2%) during the first quarter of this year “particularly ...

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May 12th, 2006

The ruling that Barclays must disclose details of offshore accounts held by British residents is set to cause a headache for owners of offshore properties, accountants have warned.HM Revenue and Customs has won a legal battle against Barclays which means the bank will be forced to disclose details of thousands ...

Continue reading Taxman Closes in On Offshore Property Owners

May 25th, 2006

El Confidencial reported that between 2001 and 2004 in Madrid, house prices increased by 89%, while salaries only grew by 14.8%. These figures were presented by the trade union CCOO as part of a paper delivered on urbanism. The overall result of this growing disparity is ‘ever-increasing debt levels for ...

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