Archives for June 2011
June 30th, 2011
Today, we're back in Alora, one of the most beautiful unspoiled areas of Andalucia in southern Spain. Located approximately 30 kilometres from the provincial capital city of Malaga, Alora is a traditional white Spanish pueblo and one of the most ancient towns in the province. We also measure the popularity of each property ...
Continue reading Most Popular Alora Property
June 30th, 2011
In his opening speech in the Debate on the State of the Nation, Spanish Prime Minister, Jose Luis Rodriguez Zapatero, addressed the "collapse" of the real estate sector in Spain, and the "very high rate of unemployment", and said that a change of direction and acceleration of reforms must be ...
Continue reading Zapatero Calls for New Mortgage Protection Measures
June 29th, 2011
Rental prices for houses and apartments on the Spanish coast have seen an average drop of 3% in 2011 compared to last year, according to a study by fotocasa.es. The property portal recorded decreases of up to 15% - with Manilva, in the Malaga province, seeing rental prices drop by 14.8%, ...
Continue reading Spanish Coastal Properties Cheaper to Rent
June 28th, 2011
German Chancellor Angela Merkel praised the agreement reached by European leaders to release the new emergency aid for Greece, provided that the Greek parliament approves this week, the adjustment and privatization plan agreed with the EU and the International Monetary Fund (IMF), saying it is "important for the stabilisation of ...
Continue reading Agreement on Greece Important for the Euro, Says Merkel
June 28th, 2011
Agreement on Greece Important for the Euro, Says Merkel S&P Lowers Valencia's Rating Top Spanish Properties This Week on Kyero Country Houses in Flix Mortgages Drop Most in Two Years with Cut of 38% in April Top Properties in Almogia Spain Sees Rise in International Tourism Euro Zone Ministers Under Fire Over Social Cuts At this time of ...
Continue reading Property Pulse Issue 331 – 28th June, 2011
June 27th, 2011
Standard and Poor's (S&P), the credit rating agency, on Wednesday cut one notch off Valencia’s long-term debt ratings from 'A+' to 'A' and has warned that the autonomous region may face further downgrades. The fall in revenue due to the Spanish economic crisis, level of debt, difficulty in implementing tough cost-cutting ...
Continue reading S&P Lowers Valencia’s Rating
June 25th, 2011
Each day, we record the popularity of every Spanish property advertised on Kyero. We measure how fresh and complete the advert is, and how visitors interact with it. This week, thousands of new properties were advertised on Kyero.com. Here's this week's top Spanish properties - as voted by you. Properties priced under €250,000 €95,000 Callosa De ...
Continue reading Top Spanish Properties This Week on Kyero
June 24th, 2011
Today, we're taking a look at Flix in Tarragona, situated on an outcrop of land near the Ebro river, the town occupied an important strategic position and is now the site of a large hydroelectric power station. We publish thousands of Spanish properties every day on Kyero. We also measure the popularity of each country ...
Continue reading Country Houses in Flix
June 24th, 2011
Borrowed capital decreased by 42% and the average cost of loans fell back 6% to 106,889 euros after a sudden halt in sales. Mortgages doubled their rate of decline in April before the suspension in transactions benefitting from tax deductions offered by financial institutions for home purchases. According to figures published ...
Continue reading Mortgages Drop Most in Two Years with Cut of 38% in April
June 23rd, 2011
Today, we're taking a look at Almogia in Malaga and the most popular properties for sale there on Kyero .com. Almogia is about 20 km from the provincial capital of Malaga and is a small village of Moorish origin, full of traditional whitewashed town houses and country properties. We publish thousands of Spanish ...
Continue reading Top Properties in Almogia
June 23rd, 2011
The number of international tourists arriving in Spain in May rose 4.2% to 5.2 million, according to Frontur data released on Wednesday by the Ministry of Industry. As reported in Reuters España, the first five months of the year saw the arrival of 19 million international tourists, representing an increase of ...
Continue reading Spain Sees Rise in International Tourism
June 22nd, 2011
Echoes of the Spanish protesters reached the euro zone summit of finance ministers. In the midst of negotiations over how to avoid the bankruptcy of Greece, both the branch commissioner, Olli Rehn, and chairman of the Euro group, Jean-Claude Juncker, vowed not to give in to protests and to speed ...
Continue reading Euro Zone Ministers Under Fire Over Social Cuts
June 21st, 2011
The Government's financial vice president, Elena Salgado, has responded to the suggestion of the Bank of Spain to raise VAT in order to generate more revenue, by saying that the Government "will not increase VAT, since it would have a negative effect on consumption”, as was argued at the European ...
Continue reading Salgado Says Spanish Government Will Not Raise VAT
June 21st, 2011
Salgado Says Spanish Government Will Not Raise VAT IMF Narrows Candidate List for Post of MD Top Spanish Properties This Week on Kyero Tinsa Launches Online Home Valuation Tool Change to Mortgage Foreclosure Law Rebutted Top Properties in Villamartin La Caixa Offering Holiday Homes for 60,000 Euros in Summer Incentive Goldman Sachs Predicts Spanish Banks Will Fare ...
Continue reading Property Pulse Issue 330 – 21st June, 2011
June 20th, 2011
The Executive Board of the International Monetary Fund (IMF) has disqualified Bank of Israel Governor Stanley Fischer from running for the post of Managing Director of the Fund, due to his advanced age. As reported in Europa Press, referring to 67 year old Stanley Fischer, the Executive Board outlined the IMF ...
Continue reading IMF Narrows Candidate List for Post of MD
