Archives for February 2008

February 29th, 2008

Kyero.com was the first Spanish property portal to voluntarily join the AIPP in 2006. Since then, the AIPP has emerged as one of the leading trade associations dedicated to protecting the rights of consumers when buying property abroad. The Association of International Property Professionals (AIPP) has expelled overseas property specialist Bulgarian ...

Continue reading AIPP Takes Action

February 28th, 2008

If you think Majorca is all about noisy beach resorts and flash yachts filled with celebrities – well, you’re not entirely wrong, but you’d be doing the “other half” of the island a great disservice. It’s true to say that this Spanish island does have its fair share of wealthy ...

Continue reading Another Side of Majorca

February 27th, 2008

Most people associate Spain as a destination for beaches and sunbathing, and until a few years ago Spain's ski resorts were often ignored by anyone outside the country. However, Spanish ski resorts are now gaining in popularity, and chalets are very reasonably priced, compared to many other European countries, so ...

Continue reading Invest in a Property on the Spanish Slopes

February 26th, 2008

Thanks to Property Pulse reader, Judith Robinson, we tracked down an article about a new UN report criticising property speculation in Spain. (Thankfully, someone wrote an article summarising the report because the UN website is a convoluted mass of broken links and mystery navigation.) Aside from the issues I wrote about ...

Continue reading UN Shines a Light on Spain Town Councils

February 26th, 2008

Just when you thought that every aspect and area of Spain had been explored, every secret delight of this stunning European nation had been uncovered and that each pristine beach, vibrant city and cultural and historic sight had been seen, the Spanish authorities announce that a brand new international airport ...

Continue reading Truly International Murcia Airport

February 25th, 2008

A new United Nations report claims that as much as 26 percent of income for local town halls comes from income from real estate development A new United Nations report has criticised the housing policy in Spain, and highlighted the fact that local councils have been dependent on granting of building ...

Continue reading United Nations Attacks Housing Speculation in Spain

February 22nd, 2008

The Spanish property market has been in the headlines consistently throughout the latter half of 2007 and all the way into 2008. Media reports currently vacillate between highlighting negative issues such as the over-supply of apartments in some locations which has had a detrimental effect on pricing, and focusing on ...

Continue reading Own an Entire Estate in Spain

February 21st, 2008

Nearly one million foreign citizens were granted permanent residency in Spain last year, bringing the official total, not counting illegal immigration, up to almost four million non-nationals residing in the country. According to government figures, Moroccans are the biggest immigrant population in Spain with around 650,000 of its citizens living there, ...

Continue reading A Million Foreigners Granted Residency

February 19th, 2008

You can tell there's a general election looming in Spain, can't you? In No State Props for Developers we witness a representative of the Treasury saying very sensible things indeed. Of course the government shouldn't prop up a flagging construction industry - the very flagging of which was aggravated by over-construction in ...

Continue reading Just Electioneering in Spain?

February 19th, 2008

The minister of Economy and Treasury, Pedro Solbes: “The state should not be stepping-in now to help those who have previously earned large amounts of money through property.” The vice president of Spain is not in favour of providing support for real estate companies and developers who have over-extended themselves during ...

Continue reading No State Props for Developers

February 18th, 2008

One in three properties in the Granada region is sold to a foreign buyer, which is helping to keep the industry afloat. The real estate boom may be over in Spain, but in some provinces, such as Granada, it isn't all doom and gloom. Foreign buyers, mainly from Britain and Germany are ...

Continue reading Brits Keep Property Market Afloat

February 15th, 2008

The environment ministers of 14 countries agreed in principle last month to ban the construction of residential and commercial developments within 100 meters of the Mediterranean coastline. The ministers met in Almeria, Spain to ratify the new Integrated Coastal Zone Management (ICZM) agreement, part of the Barcelona Convention – a set ...

Continue reading Med Coastal Development Banned?

February 14th, 2008

The 2008 Spanish income tax rates and allowances are now available. Anyone who is planning on moving to Spain this year and who will be living there for 183 days or more during this calendar year will become a Spanish tax resident and liable for Spanish income tax on their ...

Continue reading Spanish Income Tax Rates for 2008

February 13th, 2008

A beach in Almería has been named the best in Spain, making it the perfect place to buy a holiday home. Property owners in Carboneras, Almería, can look forward to a bustling tourist season this summer, as Los Muertos, the municipal beach, has been classified as the ‘Best Beach in Spain’ ...

Continue reading Go to Almeria for Spain’s Best Beach

February 12th, 2008

Our first article this week, Who's to Blame in Spain, was brought to my attention by Kyero visitor, Judith Robinson. It's a great perspective article and well worth a read if you're at all flustered by the recent Almeria demolition story. Thanks to feedback from numerous Kyero.com visitors we found a ...

Continue reading Perspectives on Spain