Archives for March 2012
March 31st, 2012
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 €69,900 Alicante, Alicante 2 ...
Continue reading Top Spanish Properties This Week on Kyero
March 30th, 2012
Second-hand house prices in Spain registered a decline of 3.4% quarter-on-quarter in the first three months of the year, according to the idealista.com real estate index. The price per square metre, which began the year at 2,084 euros, now stands at an average of 2,013 euros. El Economista reported that the ...
Continue reading Used House Prices Fall 3.4% in the First Quarter
March 29th, 2012
Production in the Spanish construction sector registered a decline of 11.5% in January over the same month last year, higher than the fall of 1% experienced in the EU in January, according to figures provided by the EU statistical office Eurostat. According to the comparison statistics drawn up in Brussels, production ...
Continue reading Spanish Construction Rate Down
March 28th, 2012
According to the latest provisional figures released by the National Statistics Institute, during the month of January, the average value of new mortgages recorded in the land registries stood at 122,973 euros, a figure 5.0% higher than the figure recorded for the same month of 2011, and 10.6% higher than ...
Continue reading January Mortgage Update
March 27th, 2012
The European Commission (EC) said on Monday they are "convinced" that Spain will meet its deficit reduction target (5.3% of GDP this year and 3% in 2013) and adopt the economic reforms necessary to achieve it. The Spanish Government is due to present its budget this Friday. “The European Commission is ...
Continue reading European Commission Optimistic Over Spain
March 27th, 2012
European Commission Optimistic Over Spain The Worst of the Crisis is Over, Says ECB President Top Spanish Properties This Week on Kyero Spain Economy Will Fall 1.4% This Year IMF warns: "There is no room for political errors" What holiday renters really want // Looking at the most common keywords on our news pages, it is ...
Continue reading Property Pulse Issue 370 – 27th March, 2012
March 26th, 2012
In an interview published on Thursday by the German newspaper Bild, the President of the European Central Bank (ECB), Mario Draghi, said he is convinced that the worst of the euro crisis is over, although he admitted that some risks still remain. "The situation has stabilised. The basic eurozone data, ...
Continue reading The Worst of the Crisis is Over, Says ECB President
March 24th, 2012
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 €70,400 Torrevieja, Alicante 3 ...
Continue reading Top Spanish Properties This Week on Kyero
March 23rd, 2012
According to latest forecasts from The Economist, reported in Diario Sur, the Spanish economy will fall 1.4% this year and register zero growth in 2013, while the unemployment rate will climb to 23.3% this year and prices will rise by 1.9%. These estimates are slightly more optimistic than those of the ...
Continue reading Spain Economy Will Fall 1.4% This Year
March 22nd, 2012
The managing director of the International Monetary Fund (IMF), Christine Lagarde, said on Sunday that the world economy has moved into the path of growth, thanks in part to the stabilisation in the eurozone and the United States. However, Lagarde warned that high levels of debt in developed economies and high ...
Continue reading IMF warns: “There is no room for political errors”
March 21st, 2012
Spanish holiday rental specialists, España Breaks, have produced a beautiful chart of what features of a holiday let property actually makes a difference to those renting them. Read the full story: The property features that drive up rental enquiries Biggest surprises? A hairdryer and an iron are not equally impressive. ...
Continue reading What holiday renters really want
March 20th, 2012
New Mortgage Guidelines Agreed by Banks Top Spanish Properties This Week on Kyero Buying a Home Costs Two Years' Less Salary Than Before the Crisis Ernst & Young Fears 'Social Instability' May Hinder Rajoy's Reforms SIMA to Highlight Rental Market Creation of New Spanish Companies On the Increase Spanish house prices return to 2004 levels The latest ...
Continue reading Property Pulse Issue 369 – 20th March, 2012
March 20th, 2012
The government's new 'Code of Good Practice' for mortgages has now been agreed by most Spanish high street and savings banks. It offers unemployed home owners, whose circumstances qualify, the option to restructure their debt, reduce it, or even hand over the house to pay off the mortgage in full. Debt ...
Continue reading New Mortgage Guidelines Agreed by Banks
March 19th, 2012
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 €53,100 Playa Flamenca, ...
Continue reading Top Spanish Properties This Week on Kyero
March 19th, 2012
According to a recent study by the Savings Banks Foundation (Funcas), buying a house now requires less years of wages than before the crisis, when the equivalent of ten years’ salary were necessary in 2005 to acquire an average home, now the figure is less than eight years. This is ...
Continue reading Buying a Home Costs Two Years’ Less Salary Than Before the Crisis
