No oversupply of property in Mallorca
A number of commentators have observed that the property market in Mallorca is faring a good deal better than any other region is Spain and is likely to be the first to recover.
"We’re seeing quite good activity there," says Mark Harvey who looks after international residential developments
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Spain tops for property searches on rightmove
Traditional European markets saw interest increase by an average of 20% in May, according to UK-based portal Rightmove.co.uk.
Portugal was one of the biggest winners with a 29% monthly increase in searches overall, while the country’s Silver Coast saw an 82% rise – the website’s biggest jump
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Spain is most popular destination for Brits looking for property abroad
British property investors are still showing considerable interest in buying real estate abroad despite the recession, according to the latest figures from an international search website.
Spain is the number one search destination, pushing France into second place, according to the latest f
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Glut of new build property in Spain
Spain has over 150,000 newly built holiday home’s on the coast looking for an owner according to a recent article in the Spanish financial daily “ Expansion “.
The Alicante, Valencia , Murcia, and Malaga region’s have gone from being the stars of the holiday home boom to leaders of Spain’s g
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Paul McMullen of escapetospain comments on the Spanish property market in the UK’s Homes Overseas magazine.
Buying Spanish property on a budget
Spain may be licking her wounds after her spectacular property rise and fall, but there are signs that the worst is over. Statistics show that property sales are slowly recovering; agents and developers in spain are under close scrutiny fol
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Spanish property news - Planning approvals down 74% in Alicante
Planning approvals in the Costa Blanca ( Alicante Province ) fell 74% in 2008, according to the Alicante College of Technical Architects.
After a decade of increasing development building activity decreased more in Alicante than in any other region in Spain, where the average fall was 60%.
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Oversupply of new Spanish property will take two years to digest
The oversupply of new build properties in Spain will take two and a half years to digest according to data from the institute of construction technology ( Itec ).
With approximately one million new homes on the market any property completed by developers in the next two and a half years will jo
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Spanish Property Boom Officially Over, Says Report
December 2008
A recently published report from the Spanish Ministry of Housing reinforces the fact that the Spanish property boom is now over. The number of transactions involving resale properties is back to the pre-boom low, with sales having declined by 47% to 179,000 in the first nine
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Spanish Fractional Ownership Property - Not To Be Confused With Timeshare
Fractional Ownership should not be confused with Timeshare. The fundamental difference with fractional ownership is that the purchaser owns part of the title deed, as opposed to units of time. Therefore, if the property appreciates in value, then so do the shares.
For those
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Spanish government to cut Capital Gains Tax for non-residents
The Spanish Government have proposed to slash Capital Gains Tax liabilities for non-resident property sellers in the 2007 budget.
While nothing definite has yet been confirmed, the general feeling is that the proposals will go ahead.
Spain was in the dock recently for having differen
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