Archives for November 2012

November 30th, 2012

The number of permits authorised on new constructions for residential use in Spain stood at 35,310 units between January and September 2012, which represents a decrease of 43.3% compared with the same period last year, when 62,393 authorisations were registered. According to data released yesterday by the Ministry of Development, of ...

Continue reading Building Permits for New Homes Fell by 43.3% to September

November 29th, 2012

According to the latest figures provided by the tourism expenditure survey, Egatur, prepared by the Ministry of Industry, Energy and Tourism, in the first ten months of the year international tourists’ spending reached 49,866 million euros, which represented an improvement of 6.4% over the same period in 2011, with six ...

Continue reading Foreign Tourists’ Spending up 6.4% to October

November 28th, 2012

According to the latest forecasts from the Organisation for Economic Cooperation and Development (OECD), the Spanish economy will record a contraction of 1.3% in 2012 which will worsen next year to 1.4% as a result of the fiscal consolidation measures and the expected slowdown in the eurozone as a whole. ...

Continue reading OECD Predicts Tougher Times Ahead for Spain

November 27th, 2012

Spanish SMEs Receive 1 Billion Euros Financing Top Spanish Holiday Rentals This Week on Kyero Pension Payments Rise 4.6% in November Top Spanish Long Term Rentals This Week on Kyero Top Spanish Properties This Week on Kyero Spain Received 52.1 Million Tourists to October Government to Grant Residency to Foreign Home Buyers Operating Rules for "Bad Bank" ...

Continue reading Property Pulse Issue 405 – 27th November, 2012

November 27th, 2012

The European Investment Bank (EIB) has issued a loan for 500 million euros to the Official Credit Institute of Spain (ICO) aimed at financing investment projects undertaken by SMEs (small and medium-sized enterprises), mostly in the industrial and service sectors. This financing will be intended for use on investments and as ...

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November 26th, 2012

This week, thousands of new properties were advertised on Kyero.com. Here's this week's top Spanish Holiday Rental properties - as voted by you. Properties for rent under €1,000 per week €250 Roquetas De Mar, Almeria 2 bed, 2 bath Apartment from almeria relocation €480 Javea, Alicante 2 bed, 2 bath Villa from Villalux €720 Javea, Alicante 4 bed, 2 bath Villa from Villalux €700 San Pedro ...

Continue reading Top Spanish Holiday Rentals This Week on Kyero

November 26th, 2012

Social Security allocated 7,499 million euros in November for pension payments, which is 4.6% more than the same month of 2011, according to data released on Friday by the Ministry of Employment and Social Security. Of this amount, more than 5,128 million euros corresponded to monthly pensions (+5.3% compared to November ...

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November 25th, 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 Long term rental properties - as voted by you. Properties to ...

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November 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 €162,500 Barcelona, Barcelona 1 ...

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November 23rd, 2012

According to the latest data released yesterday from the survey of tourist border movements (Frontur), in the first ten months of the year Spain received 52.1 million foreign tourists, which is an increase of 3.1% over the same period in 2011. However, in October 5.1 million international tourists visited Spain, which ...

Continue reading Spain Received 52.1 Million Tourists to October

November 22nd, 2012

The Spanish Government is preparing a reform of the immigration regulations, to facilitate residency in Spain for non-EU foreigners who buy homes of 160,000 euros and over. This project was announced by the Secretary of State for Trade, Jaime García-Legaz, and later clarified by the Prime Minister, Mariano Rajoy, and the ...

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November 21st, 2012

The Spanish Government’s Council of Ministers approved on Thursday a Royal Decree establishing the legal regime for asset management companies, within the framework of the agreements with European institutions for the recapitalisation of the Spanish banking system. This decision will result in the implementation of the Asset Management Company deriving ...

Continue reading Operating Rules for “Bad Bank” Approved

November 20th, 2012

The Spanish Government’s Council of Ministers on Thursday approved a Royal Decree-Law on urgent measures to improve protection for mortgage defaulters. The Government’s aim is to prevent those groups most affected by the crisis, and those facing eviction, from losing their homes The Vice-President of the Government, Soraya Sáenz de Santamaría, ...

Continue reading Government Approves Measures to Prevent Evictions

November 20th, 2012

Government Approves Measures to Prevent Evictions Top Spanish Holiday Rentals This Week on Kyero Eurozone GDP Shrinks 0.1% in Q3 and into Recession Top Spanish Long Term Rentals This Week on Kyero Top Spanish Properties This Week on Kyero Cost of Renting in Spain Rises Again House Prices Have Dropped 33.2% Since Start of Crisis Madrid Real ...

Continue reading Property Pulse Issue 404 – 20th November, 2012

November 19th, 2012

This week, thousands of new properties were advertised on Kyero.com. Here's this week's top Spanish Holiday Rental properties - as voted by you. Properties for rent under €1,000 per week €500 Denia, Alicante 3 bed, 1 bath Villa from Deniasol €850 Orba, Alicante 3 bed, 2 bath Villa from Rustic Charm €600 Denia, Alicante 3 bed, 2 bath Apartment from Deniasol €900 Torrox, Malaga 4 bed, 2 ...

Continue reading Top Spanish Holiday Rentals This Week on Kyero