financial times
November 19th, 2004
According to the Bank of Spain, foreigners bought almost 100,000 holiday homes in Spain last year, spending a record 7.2bn Euro.Foreign demand for a second or retirement home on the Spanish coast is still there, but there are signs that growth is starting to slow. New housing starts this year ...
Continue reading Growth in Spain starting to slow
November 16th, 2004
The Spanish property boom continues, fuelled in part by an abundance of cheap credit. Bank loans in mid-2004 were growing at an annualised rate of 16.3% - six times the 2.6% rate of growth in the economy. House prices, which have more than doubled since 1996, rose by 17% in ...
Continue reading House prices up 17% in first six months of 2004
May 30th, 2005
Demand for properties in Spain continues to ride high, with a steady stream of foreign investors looking for bargain holiday homes or buy to let property ventures while Spanish nationals remain keen on purchasing second homes in out of town locations. As a result, the construction of new homes in ...
Continue reading Spanish property market continues to swell
January 27th, 2006
It is understandable that many people investing in property for the first time are tempted to limit their search to the UK, but experts have been highlighting the advantages of looking abroad for both residential and commercial investments.The property market in the UK has admittedly returned to good health in ...
Continue reading UK Property Investors Advised to Look Abroad
April 3rd, 2006
I’m not sure what you call a double U turn, but Gordon Brown appears to have just performed one on SIPPs. As you may recall, when SIPPs, or Self Invested Personal Pensions, to give them their full name, were first announced as part of this month’s “A Day revolution”, the ...
Continue reading Gordon Brown's double U-turn on SIPPs
May 8th, 2006
Jose Luis Rodriguez Zapatero, Spanish prime minister, is poised to approve labour reforms that aim to promote stable employment and curb the abuse of short term contracts affecting one out of every three salaried workers in Spain.A new law, which Mr Zapatero is expected to sign tomorrow, will limit the ...
Continue reading Spain to Promote Longer-Term Jobs
June 13th, 2006
Following reports last week that victims of the LRAU in Valencia may take their case to the European Court of Human Rights (ECHR), professionals in the Spanish property market have expressed concern over continued negative press. Brenda Waddington, of Rusticasa Spain, called for more accurate reporting and researched claims to ...
Continue reading Spain Attacked over Land-Grab
June 15th, 2007
Some alarming things have been written about the Spanish property market in recent articles like ‘Survive the Costa property crash’ (Sunday Times, April 29), ‘Costas house price crash’ (Times, April 27), ‘Euro helps topple Spanish property’ (Telegraph 25 April), and ‘Spanish property boom ends’ (Financial Times, April 24). Based on ...
Continue reading Misleading reports hide the real picture of the property market
July 20th, 2007
This report aims to provide a snapshot of the current state of the Spanish property market, from an independent, and non-sales perspective. To this end it reviews the Spanish government’s latest figures on the performance of the Spanish real estate market, and contrasts these with observations and anecdotal evidence from ...
Continue reading Spanish Property Market Q1 2007
May 27th, 2008
Prices are dropping. Spain’s official property price statistics show that property prices continue to rise in Spain. However, everything points towards erroneous statistics and that the fall has begun and the downturn will continue. The average Spanish house prices rose by 3.8% last year and 0.8% during the last quarter, ...
Continue reading Scandinavians Make Sense of Spain
