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

Andalusian President José Antonio Griñán is to launch a debate this week, with the main focus on education, and is to announce with the Board a plan to activate an initiative to give a second chance to young people who abandoned their education to work in the property industry, and ...

Continue reading Andalusia to Give Out 3,000 Scholarships

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

At least five forest fires were still burning in Galicia on Sunday, with a total of 70 being recorded at the weekend, and many other regions being put on alert, reported El Pais. The most damaging was recorded in Boiro (A Coruña), which burned 200 hectares of vegetation before being "stabilised," ...

Continue reading Heatwave Causes First Fires of the Summer

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

From 1st of July, the maximum speed will return to 120 km/h. This was decided on Friday by the Council of Ministers, four months after the Board approved the reduction of the speed limit to 110 km/h to help cut fuel consumption because of rising oil prices. Vice President Alfredo ...

Continue reading Spain’s Speed Restriction to be Scrapped

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

The United Nations General Assembly unanimously approved on Tuesday the re-election of Ban Ki Moon as Secretary General of the international organisation, which means he will serve a further five year term in office, from January 1, 2012. Ban Ki Moon, a South Korean and former Foreign Minister, started his career ...

Continue reading UN Secretary General Re-elected

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

European countries coordinated their efforts on Wednesday to ask the big banks and insurance companies, who are holders of Greek debt, to become involved in the second bailout of the country. As main creditors, France and Germany led the concerted action on the eve of the Heads of State and Government ...

Continue reading Salgado Calls for Spanish Banks’ Help in Greek Rescue

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