Archives for October 2007

October 31st, 2007

For nearly two decades, Spain has actually had a strict law governing building near the coast, the Ley de Costas. Under this, Spain's beaches are public land, and building residential properties within 100m of the high tide mark is prohibited. (Some commercial use is permitted, and some homes do ...

Continue reading Restoring the Coastline

October 30th, 2007

As property buyers and sellers in Spain eagerly watch for an opportune time to make their move, what do the latest statistics say about the true state of the Spanish property market? Is the price of housing increasing, decreasing or holding steady? In short, buyers are bewildered. There ...

Continue reading Spanish Property Prices Under the Microscope

October 30th, 2007

In this week's news, there's a good pair of articles about Spanish developer Llanera running out of money and the more general credit crunch in Spain at the moment. My mailbox was inundated this week with many more news stories of doom and gloom - mostly about the overheated property market ...

Continue reading Enough Credit Crunch Already!

October 30th, 2007

For several decades Andalucia has been Spain's golfing heartland, but in recent years Spanish developers have cottoned on to the fact that it's not just golfers who love properties on golf courses. Many home buyers are attracted by the prospect of open, green views that will never be built on, ...

Continue reading The End of Private Golf Courses

October 29th, 2007

Budget airlines are making trans-continental commutes popular. With so many people currently living hours from London, and commuting to the capital daily for work, the era of budget airlines is making trans-continental commutes increasingly popular. The expanding coverage of the European rain network, competitive airlines flying from airports throughout the UK, ...

Continue reading Live In Spain, Work In The UK

October 26th, 2007

A high-profile developer has run out of cash – but what does that mean for Britons who have invested? When Llanera, an up-and-coming Spanish property developer, struck a four-year, £6.6m sponsorship deal with the football club Charlton Athletic in December 2005, it seemed an ideal way to pitch its properties to ...

Continue reading Llanera Credit Crunch and You

October 25th, 2007

How is your retirement dream working out? Are your savings and income adequate? According to the British Foreign office, thousands of British citizens who retired abroad end up living in poverty and poor health because they made inadequate provisions for their new life. Data from the Office of National Statistics shows that ...

Continue reading Retirement Costs

October 24th, 2007

Lending in Spain’s financial and corporate sectors is grinding to a virtual standstill amid a climate of suspicion about which bank could be the “Spanish Northern Rock”. “Everything has basically stopped because banks are too fearful to lend to each other,” one banker said. “Everyone wants to know who has been ...

Continue reading Bank Lending Limbo

October 23rd, 2007

In case your first language isn't English, Kyero.com is now also available in Deutsch, Dansk, Nederlands in addition to Español (Français is in progress at the moment too). If you're fluent in any of these languages and notice any howling errors we've made - do please let me know. We ...

Continue reading More Languages .. and Servers

October 23rd, 2007

There are two key aspects to financial planning: Setting up your capital to achieve your objectives for income and growth and tax mitigation. The first step in any financial planning exercise - whether you are looking for the most effective way to invest some new capital or reviewing your ...

Continue reading Smart Financial Planning For Your New Life In Spain

October 22nd, 2007

Part-exchange deals to help Britons who want to move to Spain will be launched this week by McInerney Homes. Believed to be one of the first schemes of its kind, the proposal will allow homeowners to trade their properties in Britain for villas near Marbella. About 160 British homeowners relocated to ...

Continue reading Spanish Part-exchange deals launched

October 19th, 2007

If you are looking for a different kind of Spain, away from the sunblasted Costas, then Asturias, tucked behind the Bay of Biscay on the northern coast, might fit the bill. The area is already a second-home favourite with the Spanish. The coastline is awash with blue-flag beaches and fishing villages, ...

Continue reading Spanish homes in Asturias

October 18th, 2007

Rural land was reclassified for development, causing taxes to rise sharply, but is being reclassified as rural. IBI is, roughly speaking, the Spanish equivalent of the British council tax, and many expats find that IBI is far lower than the council tax they're used to paying. Now residents in the Gata ...

Continue reading Lower Taxes For Some Valencian Towns

October 17th, 2007

There are still plenty of good long-term off plan investment property opportunities in Spain, it has been claimed. According to Off Plan International, investors in Spain now realise that longer-term capital gains are available and are prepared to buy off plan property and then stay in the market for a few ...

Continue reading Off plan property still good investment

October 16th, 2007

One recent news article in particular sheds some light on the thinking of the Spanish government in the current housing market. It's something I suspected would happen sooner or later. Let's look at what's happening in Spain at the moment: There's an over-supply of new build properties Buyers are more cautious due ...

Continue reading Socially Responsible Solution?