Archives for January 2008

January 31st, 2008

The housing market in Spain is receiving bad press but there are some good deals available if you do your homework. With an increasing number of illegal builds coming to light, thousands of estate agents going out of business, and lots of properties failing to sell, many investors may be thinking ...

Continue reading Good Deals On Spanish Property

January 30th, 2008

The pound has flopped, dropped like a stone and left many Spanish property owners who wish to sell and repatriate their money in a strong negotiating position. How can the economic problems mean good news for those selling property? Currently the Spanish property market is very slow for Spanish buyers ...

Continue reading How to Get Ahead Selling Your Spanish Property

January 29th, 2008

We've launched a couple of new features on Kyero.com to help you research Spanish property and to enable you to help others do the same. Last week I mentioned the Get Answers ...

Continue reading Spanish Property Comments & Questions

January 29th, 2008

Nothing to pay until 2009 plus a 5% rental guarantee for 2 years Arana de Mijas is set in the grounds of the Cerrado de Aguila Golf Resort and with wonderful views of the Mediterranean Sea from its elevated position. Although this luxurious development of apartments and penthouses enjoys superb views and ...

Continue reading Arana de Mijas Low Deposit

January 28th, 2008

New research from the Journal of the American Heart Association reveals that vitamin D is critical in offering us protection against all sorts of serious illnesses and conditions such as strokes and heart failure, and that vitamin D also plays a vital role in supporting bone strength. The findings of ...

Continue reading Canary Islands for Vitamin D

January 25th, 2008

There has been talk of a new crack down on under-declared property sales in Spain. Q: What procedures and evidence do buyers need to follow / produce when purchasing a property to ensure they are not under-declaring? What are the possible penalties if found guilty of undeclaring? A: Since ...

Continue reading Crack down on under-declared property sales

January 24th, 2008

Spain has long been the number-one destination for British buyers, and hundreds of thousands of us already own property there. But, with the country’s property market looking distinctly wobbly, and some muttering darkly about an impending crash, would you be mad to buy a home there this year? Not necessarily. ...

Continue reading Finding Spanish Property Bargains

January 23rd, 2008

The overall outlook for global real estate investment looks solid despite disruption in the European and North American credit markets, according to LaSalle Investment Management in its 14th Investment Strategy Annual. The investment specialist believes a global 'hard landing' should be avoided as money continues to find its way into real ...

Continue reading No 'hard landing' for global RE industry

January 22nd, 2008

It's been a lively week on Kyero.com. Yesterday, we moved to a new cluster of servers in a new datacentre. Aside from the inconvenience of the site being down for a few minutes, we're optimistic that we'll now be able to provide better performance and better reliability in the future. If ...

Continue reading Long Term Lets Treble

January 22nd, 2008

Rental guarantee at superb Costa Blanca ´Key Ready´ project Playa Golf is being developed by the well-respected building company and promoter San Jose. It is superbly located just a short drive from fabulous sandy beaches and the attractions of Cabo Roig, La Zenia and Playa Flamenca, plus the three nearby golf ...

Continue reading Rental Guarantee at San Jose

January 21st, 2008

Question: We are condisering investing in a two bedroom rental property in Gran Canaria shortly. According to your index the prices have remained fairly steady over the past few years but do you see any particular trend and could this be affected by a possible relaxation of the building morartorium ...

Continue reading Gran Canaria Price Trend?

January 21st, 2008

44.4bn pounds spent on property in 2006 - sales driven by desire for 'rich life experiences' UK and Irish consumers spend around 122m pounds a day on overseas property and 1 in 30 people in the UK and Ireland have invested in property abroad, according to research from Datamonitor for OPP ...

Continue reading 'Wealth effects' boost sales to UK and Irish

January 18th, 2008

Question: We purchased an off-plan property in 2006 intending to sell on completion in 2008. Considering the current market what would you advise? Answer: In general, as you're probably aware, selling property in Spain AND being attached to a completion date is a little fraught at the ...

Continue reading A Good Time to Sell in Spain?

January 18th, 2008

According to a recent survey by A Place in the Sun magazine, despite a raft of emerging markets and USA property prices down 30% on a year ago and a dollar weakened by 25%, it’s the traditional sun-seeker’s favourite Spain that takes the number one spot for the second year ...

Continue reading Top 20 Buying Destinations

January 17th, 2008

Torrevieja town hall It is fair to say that the traditional fishing village that was once Torrevieja is very much an image of the past, as the town has given way to commerce, tourism, and indeed, the influence of foreign investment. Torrevieja welcomed in the new year with a total ...

Continue reading The International Invasion of Torrevieja