properties in spain
January 9th, 2009
It could take two and a half years for the glut of new, unsold properties in Spain to be cleared, according to the latest data. It is estimates that there are almost a million new homes that are unsold, most on the Spanish coast, many of which were built for British ...
Continue reading Spanish Property Glut to Persist Until 2011
December 9th, 2008
I get criticised for only reporting on the 'bad' aspects of the Spanish property market. I'm regularly asked, why can't I include more news articles with a rosier outlook? In reply, I normally make 4 points: I don't write the news ...
Continue reading Unbridled Optimism About Spanish Property
October 29th, 2008
The latest report from InspectaHomeSpain reveals a marked improvement in the delivery time and quality of new-build properties in Spain. Snagging surveys carried out on 700 new build properties, constructed by 51 developers/promoters over 21 months from April 2007 to December 2008 revealed the following: 83% of properties had a valid Certificate ...
Continue reading Off Plan Property Improving in Spain
September 11th, 2008
Owners of Spanish property could lose their homes if they fail to produce new identification documents proving their non-resident status. Britons who use their overseas accounts to pay for their Spanish mortgages and essentials such as utility services and council taxes, have been required by Spanish banks to produce a residence ...
Continue reading Non-Resident Brits in Spain Need Tax ID
September 10th, 2008
There has been much controversy since the beginning of the year, over the decline in the housing market in Spain, created by the continued instability of the economy. However, this has continued to beg the question, “So why do they keep on building?” A recent report conducted by the Association ...
Continue reading Crisis in the Spanish Construction Industry?
April 1st, 2008
There's been a fresh slew of articles in the press this week about the state of the Spanish property market following another construction company going into receivership. Journalists are wondering whether Spain is following the US into a sub-prime crisis of its own? For what it's worth, here's my tuppence-worth. ...
Continue reading Is There a Sub-prime Crisis in Spain?
February 25th, 2008
A new United Nations report claims that as much as 26 percent of income for local town halls comes from income from real estate development A new United Nations report has criticised the housing policy in Spain, and highlighted the fact that local councils have been dependent on granting of building ...
Continue reading United Nations Attacks Housing Speculation in Spain
January 11th, 2008
In response to customer demands InspectaHomeSpain, a company that specialises in new property inspections, the creation of professional snagging reports, and the management of the process, have produced a series of free guides to help the buyer understand the completion process, and operates independently of any agent, builder, promoter or ...
Continue reading Property Inspection Services
November 23rd, 2007
A TAX bill of up to €650 million could be facing thousands of Irish people who own property in Spain. It is estimated that close to 100,000 Irish people own a Spanish property on which local taxes and rates are payable. Up to 50% of these ...
Continue reading Big bill for Spanish property owners
August 1st, 2007
Festivals and major sporting events prove beneficial to owners of rental properties in Spain. Glastonbury was a wash-out and Wimbledon nearly got wrecked by the rain. Don’t even mention the delays and early finishes in the cricket. It’s no wonder that Spain’s sporting events and festivals are pulling in increased ...
Continue reading Events Bring Increased Income
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
June 11th, 2007
There’s a new Price Index tab on every property page on Kyero.com - it does what you’d expect it to do. Now, whenever you’re browsing properties in Spain, you can quickly see how property prices have trended over the past two years compared to the national trend. Of course we’re using the ...
Continue reading One Click House Price Index
May 4th, 2007
As fears grow in Spain that the housing market bubble will burst, should you sell up or hold tight? Half a million Britons who own properties in Spain are being urged to hold their nerve after experts warned of an impending property crash that could wipe tens of thousands of pounds ...
Continue reading How to Survive the Crash
March 16th, 2007
Foreign real estate investment in the Valencian region has fallen by a thousand million euros since high profile protests about ‘land grab’ laws began in the region, according to a recent study by the Bank of Spain. Brenda Waddington of Spanish agent Rusticasa told the OPP that: “There has been an ...
Continue reading Land Grab Costs Valencia €1Bn
February 15th, 2007
The Spanish coast has been popular with second home owners for decades. However, there is currently a huge surge of foreign interest in inland properties in Spain. Brits and other overseas investors are making a move away from the traditional coastal resorts and are looking inland to buy, avoiding the ...
Continue reading Inland Spain Gaining Popularity
