Valuation company Tinsa has reported that the Balearic and Canary Islands are the only regions in Spain where house prices went up in April over the previous year – an increase of 3.3% versus an average 10.5% decline for the rest of the country.
“A laudable approach to selling property, good customer service”, just some of the praise coming from the judges responsible for awarding uv10.com ‘Best Small Agent’ in this year’s Association of International Property Professionals (AIPP) Awards – the third time of winning this award in four years.
Buying a property abroad is an exciting prospect, but one important rule applies – don’t let your heart rule your head. It’s crucial that the right advice is sought and that you don’t try to cut corners.
Areas of Mallorca, Marbella and Barcelona are featured in the Engel & Völkers International Group study 2013, based on the most expensive addresses worldwide from their annual study of data of over 490 shops in 36 countries on 5 continents.
It’s a fact, we’re living longer. Average life expectancy in the UK is now 80 years according to the World Health Organisation (2010) and with better standards of living and medical advances, this is only going to increase.
America’s modular homes industry is on the rise. According to Report Linker’s February 2013 US Prefabricated Housing Market Analysis, prefabricated homes are set to increase 15% annually through to 2017.
More than a million homes were sold across Spain in 2006 at the tail end of the Spanish property boom. The mortgage crisis that followed lowered demand and caused home prices to plummet.
French Alpine developer MGM is breathing new life into former ski resort hotels whose heyday has passed, thanks to the growing preference among families for self-catering accommodation in their own modern apartments.
Having debuted regular flights from London City Airport to both Ibiza and Mallorca in winter 2012/13, British Airways CityFlyer has enjoyed such success that it’s more than doubling its service for winter 2013/14.
Engel & Völkers, Mallorca’s largest international real estate company with 16 shops on the island, is reporting a welcome spring surge in sales and interest this first quarter.
With demand for holiday rental accommodation in Spain during Easter week this year increasing by 29% compared to 2012 according to the Spanish holiday rental portal, Homeaway.es, this summer is set to be a sizzler!
Spain’s status as the number one golf holiday hot spot has been confirmed by a new survey of golf tour operators compiled by KPMG’s Golf Advisory Practice.
Back in January, Murcia-based estate agent Mercers boldly announced a predicted 25% increase in house sales for 2013 over 2012. With Q1 showing exactly that, up 25% for the first three months of 2013 in comparison with 2012, the prediction is on track to becoming reality.
Recent census data has shown that one in six people in England and Wales are now aged 65, the highest proportion ever recorded at this age and a trend we will continue to see in the coming years.
Having made a concerted effort to orientate the Islands’ hotel and leisure facilities towards the high end, the Balearics are now successfully courting the Russian tourist. Visitor numbers from Russia are up 23.4% in 2012 over 2011 and now, for the first time, all three Balearic airports are connected to the nation.
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