Archives for August 2006
August 2nd, 2006
Plans for a rail tunnel between Africa and Europe have taken a step forward with the agreement by Spain and Morocco on a programme of engineering tests. Machines could be digging under the Strait of Gibraltar in five years. The Spanish transport ministry said €27m (£19m) would be invested over the ...
Continue reading Spain and Morocco Plan Tunnel Link
August 9th, 2006
British homeowners who purchased illegally built property on the Spanish costas have been told they have a chance of saving their homes from demolition if they can prove they bought in good faith. Around 100,000 homes, many owned by Britons, were declared illegal after it emerged they were built with licenses ...
Continue reading Spanish Law Could Save Britons' Costa Homes
August 11th, 2006
Spain’s schools, hospitals and public transport score higher than their UK equivalents, according to a new survey. La Zenia, Spain (PRWEB) December 15, 2006 - Spain offers much more than sunshine and cheap sangria to its UK expat population. Its education and health services, and its public transport system, leave ...
Continue reading Spain's Public Services Win Over UK Expats
August 4th, 2006
While the price of second homes rose 8.2% in Barcelona, 5.2% in Madrid and 9.8% in Valencia last year, idealista.com believes this could be the last year of strong increases. Based on an analysis sample of 32,539 second-hand homes from Barcelona, Madrid and Valencia, the second-hand home price evolution report from ...
Continue reading Resale Prices in 2006
August 7th, 2006
PARIS (AFX) - Spain is becoming increasingly vulnerable to a correction in house prices, which have risen sharply in recent years, the OECD said in a report on the Spanish economy. ‘It is becoming increasingly uncertain whether this upswing in house prices can be sustained for much longer,’ the OECD said. An ...
Continue reading Spain still vulnerable to adjustment in House Prices
August 8th, 2006
The EP petitions committee adopted a recent fact finding report on Land irregularities in Spain by an overwhelming majority. Michael Cashman, member of the recent European Parliament Petitions committee delegation to Spain and co-author of the fact finding report was “delighted” by the overwhelming endorsement of the report at a meeting ...
Continue reading Spain Shuns Overwhelming Decision on 'Land Grab'
August 3rd, 2006
Spain is the best market for long-term property investment ahead of France and Portugal - according to GE Money Home Lending (GEMHL). The lender interviewed 100 mortgage brokers asking for short and long-term investment predictions. Bulgaria was seen as having the strongest house price inflation over the next year, followed ...
Continue reading Spain Best for Long-term Investors
August 10th, 2006
British holidaymakers may know Spain’s southernmost province best for the Costa del Sol, but a string of sophisticated cities, timeless white-walled villages and stunning mountains await the more adventurous. When Franco needed to drive foreign currency into Spain during the 1960s he created a stretch of coastal holiday resorts we ...
Continue reading The Sun Shines on Andalucia
August 10th, 2006
Recent tourist board figures are showing that this year could be the best in the last decade for the tourism industry on the Costa del Sol. Following a promising start to the year, the Tourist Board’s provisional figures for July show a 3 per cent growth in hotel occupancy while ...
Continue reading Record Tourism – Costa del Sol
August 1st, 2006
The construction boom on the Costa Blanca is leading to a situation where some towns have more homes than residents, it was revealed this week A report released by Caja España bank shows the situation is worse in the Marina Alta and the Vega Baja. Denia has a population of ...
Continue reading More Houses than People
