Archives for November 2008

November 3rd, 2008

The number of planning approvals in Spain fell by 59% to 199,146 in the first 8 months of the year, according to new figures from Spain’s Ministry of Development. This means that housing starts this year will drop to a level not seen in Spain for close to a decade. Looking ...

Continue reading Spanish Property Planning Approvals Lowest in a Decade

November 4th, 2008

Spain's economy contracted 0.2 percent in the third quarter compared with the previous three months, suffering its first quarterly decline since 1993 as a global financial crisis pushed the country towards recession. An estimate from the Bank of Spain showed gross domestic product expanded in annual terms in the third quarter, ...

Continue reading Spanish Economy Contracts Q3 2008

November 5th, 2008

Low-cost airline Ryanair launches new flights to the Spanish archipelago from Liverpool and Birmingham. The property market on the Canary Islands may be boosted with the announcement of new flights from the UK to the archipelago by low-cost airline Ryanair. Liverpool John Lennon Airport will be launching flights next month from ...

Continue reading New Flight Boost for Canary Islands

November 4th, 2008

No fewer than three of this week's news articles were written by Mark Stucklin of Spanish Property Insight. In my opinion, Mark is the best-informed, most level-headed commentator on the Spanish property market today. We'll continue to feature a selection of Mark's writings, but to see all of ...

Continue reading Upgraded Spanish Property Search

November 6th, 2008

Thanks to Kevin Brass for linking to this article on buying and selling property. Far from being specific to the UK property market, these are some great tips for buyers and sellers to both get what they want in the Spanish property market. Martin Dell, Kyero.com Buying? Can you pay for it? ...

Continue reading 20 Ways to Buy and Sell in Spain

November 7th, 2008

A new service called the International Development Registry ( IDR ) has launched to capitalise on the lack of data and security in the international market place, by providing independent legal certification to create a global register of international property developments. Formed as a joint venture partnership between consultancy First ...

Continue reading Independent Certification for Developments Launched

November 10th, 2008

Low cost carrier Ryanair has just opened up four new routes between Málaga and the UK, making the Costa del Sol accessible to even more potential homebuyers each year. Ryanair already flies to 10 UK destinations from Málaga and will now add Glasgow Prestwick, London Stansted, Birmingham and Edinburgh to that ...

Continue reading New Flight Boost for Southern Spain

November 11th, 2008

Homes Overseas have released an informative property for sale guide about the Costa del Sol. The article informs interested property investors about the current property scenario in this Southern Spanish region, while at the same time offering an analysis of the property situation. Comments of regional property veterans are included ...

Continue reading New Costa del Sol Property Guide

November 11th, 2008

This week, I've selected a handful of news stories, each with something positive to say about the Spanish property market. It's not that the credit crisis and property overhang have been magically resolved - it's just that there's no new news on those subjects. My favourite article is 20 Ways ...

Continue reading Andrés Segovia & Other Good News

November 12th, 2008

Spain last month drafted new regulation that would permit the creation of real estate investment trusts. The motive behind the establishment of Sociedades Cotizadas de Inversion en el Mercado Immobiliario, or Reits, is to help revive the country’s residential real estate market, which has stalled over the past 12 months ...

Continue reading Spain Regulate for Property Revival