Archives for July 2007
July 17th, 2007
Alicante residents regard golf courses as ‘an excuse for property development’. Golf courses in Spain, especially in new, rapidly developing areas, come hand-in-hand with property. While along the older courses on the Costa del Sol property has been built, it’s usually been over a number of years and by different developers. ...
Continue reading Golf Property Or Golf Course?
July 17th, 2007
In Spain, unless you are buying a detached property or a rural finca there is every chance you will come across a comunidad de propietarios. This is the name given to the organisation comprised of all the owners who have an interest in the complex or development and whose task ...
Continue reading Spanish Horizontal Property Law
July 16th, 2007
According to the new Which? guide to Buying Property Abroad - these are the top 10 things that can go wrong when purchasing overseas property.1. Overstretching your finances - Don’t jump on the overseas property bandwagon unless you’re sure why you’re doing it, and that you can afford it - ...
Continue reading The Pitfalls of Overseas Property Buying
July 16th, 2007
Millions of pounds in winter fuel payments are being handed out to thousands of British pensioners living in the Mediterranean. Now ministers have been called upon to review the benefit which sees nearly £8m paid out in the past year, with more than 30,000 payments going to residents in countries such ...
Continue reading Pensioners Claim Winter Fuel Cash
July 13th, 2007
Buying a property abroad is often the realisation of a personal dream and probably represents one of the greatest expenses of your life. As part of the purchase process, you will inevitably need to transfer a sterling sum into another currency in order to pay for your property. This vital ...
Continue reading Getting The Best Euro Exchange Rate
July 13th, 2007
50% of Spain’s capital investment is in property, which is also responsible for half of all new jobs and a significant contributor to Spanish GDP. The continued inflation of house prices has put a home in Spain beyond the reach of many foreign and national buyers just when more ...
Continue reading Spanish Government in a Pickle
July 12th, 2007
For a decade, Spaniards have built an economic boom on cheap credit and a housing and construction bonanza. With their economy outpacing euro zone average growth, year after year, it was easy to ignore roaring inflation and uncompetitive industries. But with the property sector cooling and economists forecasting a steep ...
Continue reading Spanish Property Sector Cooling Down
July 12th, 2007
Ever fancied owning your own room in a palace for little over £150,000? Or perhaps a nine-bedroom town house for under a million pounds is more your thing? This may be a pipe dream in Britain, but take a three-hour flight to Jerez in Andalucian Spain and lovers of period ...
Continue reading Luxury at a price you can afford
July 11th, 2007
The president of the Spanish Mortgage Association (AHE) confirms that property prices will stop rising little by little, in step with inflation.Industry professionals agree that property in Spain is overvalued and that prices are due to drop soon. The drop, however, won’t be sudden and pronounced; sources predict a gradual ...
Continue reading Spain to Dodge Real Estate Crisis
July 11th, 2007
Environment officials in Spain have announced that in an effort to diminish the effect of the country’s greenhouse gas emissions, two regional governments and the capital city plan to plant millions of trees. In 2006, Spain’s emissions were 48 per cent higher than in 1990. However, the government is determined to ...
Continue reading Eco-friendly Homeowners Head For Spain
July 10th, 2007
Valencia may not currently be regarded as the most glamorous city on the Iberian peninsula, but this is all set to change. Playing host to one of the most bafflingly won sporting trophies of all - The America’s Cup – put Valencia firmly at the centre of the yachting community ...
Continue reading Property in and around Valencia
July 10th, 2007
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. Graham Keeley reports on how it works and how it can be avoided. There is an anecdote which some Spanish property ...
Continue reading The Spanish Property Black Hole
July 9th, 2007
SPAIN is finally going to make use of the one natural resource that has inspired generations of Britons to buy homes on the Costas - the sun. From October, a new building regulation will force all owners of new homes to fit solar panels. So using the sun’s rays, which ...
Continue reading The New Sun Trap
July 9th, 2007
Rampant construction along the Spanish coastline is damaging Spain’s shores and endangering the vital tourism industry, environmental organization Greenpeace warned last week. “The numbers demonstrate the failure on the part of local administrations to find a solution to the problems of the coastline and the need to adopt important reforms regarding ...
Continue reading Overbuilding threatens Spain's coasts
July 6th, 2007
For many Spanish home owners the following tips may seem obvious but for those who visit their Spanish holiday home as and when - the obvious can often be the last thing you think about as you board your flight. Electrical systems in Spain often “trip out” either if there ...
Continue reading Before you leave – A guide for property owners in Spain
