Archives for August 2007
August 10th, 2007
A study by Barclays Bank in the Spanish press indicates that British house hunters are turning their attention towards emerging, less expensive areas such as Murcia, Almeria, Galicia and inland regions such as Castilla. Buyers are now being advised that actual value, not potential value, is the safer way to judge ...
Continue reading Return of the Lifestyle Buyer
August 13th, 2007
A number of surveys over the last few months indicate a rising trend toward retirement overseas. Over half of Brits plan to retire overseas. A customer survey compiled by Insure4Retirement.co.uk indicates that over half of all Britons hope to retire abroad. The telephone survey, conducted between October 2006 and ...
Continue reading Trends in Overseas Retirement
August 2nd, 2007
The Bank of Spain has reported a doubling of Spanish people looking to buy abroad, compared to 2005. In 2005, the Spanish government highlighted a need for more urban and suburban homes to accommodate Spain’s growing city and town populations. There is now a nationwide shift to providing affordable housing, ...
Continue reading Time to Target Spanish Buyers
August 3rd, 2007
If you’re looking for a property somewhere sunny, Tenerife is a clear winner. Spain’s National Statistics Institute has revealed the warmest, wettest and sunniest parts of the country for 2006. Given their location off the coast of Africa it’s no surprise that the Canary Islands have come out top in several ...
Continue reading Canaries The Best Choice For Sun-lovers
August 1st, 2007
Festivals and major sporting events prove beneficial to owners of rental properties in Spain. Glastonbury was a wash-out and Wimbledon nearly got wrecked by the rain. Don’t even mention the delays and early finishes in the cricket. It’s no wonder that Spain’s sporting events and festivals are pulling in increased ...
Continue reading Events Bring Increased Income
August 6th, 2007
Predictions of a ‘crash’ prove wrong as homes in Spain continue to rise in value. The latest figures from Spain’s Housing Ministry show that property prices in Spain have continued to rise, albeit at a slower rate than in previous years. The past year’s 5.8% rise is the lowest since 1998, ...
Continue reading Spanish Property Price Growth Slows
August 9th, 2007
The Costa del Sol Action Group (CDSAG), which claims to represent more than 700 families who have suffered losses totalling more than £80 million due to bad advice, has told OPP about its latest class action against a group of financial advisers. The lawyers acting for the CDSAG, IURA Despacho ...
Continue reading Unscrupulous IFAs Face Class Action
August 7th, 2007
Spanish consortium signs contract to build new, larger international airport at Corvera. In many parts of Spain you’ll hear people state that an airport is going to be built. As property prices rise whenever a budget airline starts flying into a nearby airport, this can be of great interest to investors ...
Continue reading New Murcia Airport Contract Signed
August 8th, 2007
Spanish councils work to maintain Spanish beaches in an effort to improve their tourism and property markets. Despite the fact that properties located on the Spanish coasts are generally much more expensive than inland homes, Brits still prefer to buy beachside homes. The most popular regions lie along the South and ...
Continue reading Brits Prefer Pricy Sea-view Homes
August 16th, 2007
Eco-friendly British property buyers head to Spain as Seville becomes the country’s most cycle-friendly city. If a greener future is one of your priorities, that fact that Seville is set to become the Spanish city with the most bikes for rent will make it an appealing place to buy or rent. ...
Continue reading Seville Appeals To Cycling Expats
