The Latest Spanish Property News from Kyero.com

We made contact with the developers in question but they're swamped with enquiries at the moment - so there's no immediate prospect of those properties appearing on Kyero.com. If you're interested in learning more, these are their contact details - why not send them an email for more info?

Valentín Oliveras - Director General
Associació Corporativa d'Empresaris Immobiliaris
info@acdei.org
+34 933 624 988
www.acdei.org

The reason I mention the Catalunya deal again because it stands in stark contrast to two of our articles this week. In APCE Adopt G14 Tactics, we see yet another group of developers attempting to flex their political muscles.

In effect they're saying to the government: "We'll reduce prices, if you soften the blow for us. And don't forget the impact on the economy if you fail to do so."

Perhaps they themselves have forgotten that they've been making healthy profits for at least a decade in one of the longest property booms in modern Europe? Maybe they suppose the the construction industry has such a squeaky-clean image and reputation that their press releases are received as if straight from the oracle?

In either case, the Spanish government are not playing ball. Unfortunately, I think this is more as a result of stubbornness than any kind of master plan. Their own proposals, outlined in Financial Incentives to Invest in Spain, for the most part smack of too little, too late.

Good news for residents of Catral in Alicante in Costa Blanca to End Building Stress. Elsewhere, however, the government is still pursuing the demolition of properties built too close to the coast - mostly without offering compensation to those affected.

While I applaud them taking some action - this isn't really helping anyone. The constructors and town halls involved have already taken the profit from these properties and aren't being held responsible for their demolition in any way - it's the unsuspecting owners who are suffering.

Just what do the government imagine this will achieve except a lot of suffering and resentment? Hardly the tactics of a long term strategy to revive the Spanish property market.

One of the largest Spanish property portals, Idealista.com is now issuing a weekly news roundup from the Spanish press - translated into English. We'll also feature their most relevant stories but, if you want to see them all, you can subscribe here.

Finally, the notion of an offshore pension seems like a fine idea to me and should please those planning to move to sunnier climes when they retire. Don't forget to check out the new range of articles and guides from Taxcafe on this and other tax-related matters.