Articles tagged as: spanish properties

March 18th, 2014

According to a study carried out by property consultants, CB Richard Ellis, Spain ranks as the third most attractive country in Europe for investment in real estate, just behind the United Kingdom and Germany. Almost a fifth (19%) of European investors say they are interested in Spanish properties, compared to a ...

Continue reading Spain Ranked Third Best EU Country for Property Investment

February 8th, 2013

The Spanish housing stock has depreciated 1.1 billion euros in the last four years, from 5,713 billion euros to 4,600.9 billion euros, or 19.5% less, and, according to a study by the appraiser Euroval, in this period the net balance of housing has increased by one million units. The report reveals ...

Continue reading Spain’s Housing Stock Depreciated 1.1 Billion Euros in 4 Years

January 14th, 2013

In 2013 Spain will see an increase in foreign investors interested in snapping up bargains in their struggling real estate market. The British agency, Inmoaction, who specialise in attracting investors from the UK, estimate that in 2013, foreign interest in Spanish properties will grow beyond the classic British, German, Scandinavian ...

Continue reading More Nationalities in Search of Spanish Bargain Properties

January 11th, 2013

The average price of housing in Spain reduced by 11.3% in 2012 over the previous year, a more moderate adjustment than that experienced in previous months, due to a spike in the number of transactions generated to beat the 31st December deadline for the end of tax deductions and the ...

Continue reading House Prices Fell by 11.3% in 2012

May 9th, 2012

Foreigners invested 4,748 million euros in real estate in Spain in 2011, which is up 27% from the previous year and represents the largest expenditure made by this group since 2008, while Spanish investment abroad fell 23.4%. According to the Bank of Spain, foreign investment in Spanish property, which has increased ...

Continue reading Foreign Spending on Spanish Property Up 27%

April 5th, 2011

With the first quarter of 2011 now behind us, we released the latest Spanish house price index. Our 52nd look at asking prices for Spanish property showed a decline in the national average. This decline was notable as the index has remained relatively stable over the past 3 years, despite the ...

Continue reading Insight Into Spanish House Prices

April 1st, 2011

Today we published our Q1 2011 Spanish house price index. It's free to download and summarises the asking prices of all properties advertised on Kyero.com. For quite a long while, the Kyero index showed that the average house price in Spain was actually increasing - we record asking prices - even ...

Continue reading Sanity Returning to Spanish Property Prices?

February 10th, 2011

The Spanish government has launched a direct appeal to Britons to help kick-start Spain’s faltering economy by buying some of the country’s 700,000 unsold houses. Beatriz Corredor, the Spanish housing secretary, promised new planning laws to end the confusion which has led to some British home owners being ordered to knock ...

Continue reading Spain in Appeal to Bring Back British Buyers

July 20th, 2010

Torrevieja is the Spanish resort that exploded in size as Brits snapped up apartments and villas as frenetically as the developers knocked them out. But the town dubbed the Costa del Yorkshire is now better known to the Spanish banks as the home of the "British plumber mortgage", and knee-deep ...

Continue reading Despite Property Glut, There Are Few Real Bargains

May 25th, 2010

A bank specialising in foreign mortgages is getting behind a plan to clear up Spain’s glut of unsold homes. Solbank, part of the country’s fourth biggest bank Banco Sabadell, has agreed to provide mortgages for all properties for sale through the Spanish Homes Network – an initiative from a Spanish business ...

Continue reading Bank Agrees Plan to Clear Unsold Spanish Properties

April 22nd, 2010

A number of Spanish local and regional authorities are backing an ambitious plan to help clear the backlog of unsold stock of Spanish property. The Spanish Homes Network (SHN) is a trading platform where international agents can source completed properties that have undergone legal due diligence by one of the big ...

Continue reading Scheme Approved to Clear Unsold Spanish Properties

April 6th, 2010

Despite indications that the decline in Spanish house prices is slowing, most experts say there is room for further falls. With an estimated 1m unsold or unfinished residential Spanish properties when the housing bubble burst in 2007, many say the price adjustment could take another two or three years to play ...

Continue reading Spanish House Prices: More Room to Fall

January 5th, 2010

Anyone interested in property in Andalucía, or Spain for that matter, should read this annual report on the market by Barbara Wood of The Property Finders, a buyer’s agent. It turns out the quality end of the market is alive and well and delivering great opportunities for buyers. I totally agree ...

Continue reading 2010: A Lively Start for Spanish Property

December 24th, 2009

One of the conundrums facing the Spanish property market is when Spanish property will again become financially appealing to British buyers - given the collapse of Sterling against the Euro which has affected both potential buyers and existing owners of Spanish property. Obviously, the current strength of the Euro against Sterling ...

Continue reading Spanish Property: Wavering Appeal to British Buyers

December 22nd, 2009

I really wish I could close 2009 on a brighter note regarding Spanish property - but no amount of positive thinking can make the current situation look bright. Spanish Banks Prefer 'No Sale' Above Paper Loss gives us a first-hand account of why repossessed properties via Spanish banks are almost always ...

Continue reading Optimism for Spanish Property in 2010?