Spain
Mallorca and Ibiza Sotheby’s International Realty - Reflecting on 2014, looking forward to 2015
Spain’s property market is back on track. According to leading Spanish property valuation firm, Tinsa, 2014 showed the smallest nationwide house price devaluation since 2007 and, due to healthier supply-demand, record tourism figures (2014 should close on an all-time-high of 65 million visitors), an improving economy and falling unemployment for the second consecutive year, it expects house price variation to level out at 0% in 2015.
Castellon tipped to become Spain’s 2015 property hotspot
With its ‘ghost airport’ now officially up and running, the eastern Spanish city of Castellon is tipped to be the property hotspot of 2015, according to leading Spanish property portal, Kyero.com.
Scanning the horizon - what does Spain hold in store for 2015?
Tourism in Spain contributed 11.7% to the economy in 2013, according to the latest data from Market Research Reports, with total tourism output reaching €191.5 billion.
‘Best in the World’ for Gibraltar Property
Gibraltar has returned from the ‘World’s Best Finals’ of the International Property Awards in association with Rolls-Royce Motor Cars with fantastic news – a global win for New Aloes.
Spanish mortgage changes tempt foreign buyers to purchase Iberian dream homes
Spain’s mortgage rate is making headlines at present with Euribor (the rate usually used to set mortgage interest payments in Spain) falling to 0.335% in November with this record low leading many buyers to act fast in order to purchase the property of their dreams.
Retire to Spain and enjoy a longer life plus a 5% cash discount!
The Foreign Office estimates that some 800,000 Brits live in Spain for all or part of each year. The number of those residing permanently is uncertain but best estimates put the figure as being somewhere between 250,000 and 400,000 people.
Murcia - Paramount theme park and Corvera airport gather momentum
Last week Alberto Garre, President of the Region of Murcia, said the arrival of the high speed AVE train and opening of Corvera International Airport “in 2015, if possible, would become reality”. Add a 16.28 million euro European Commission subsidy to kick-start investment at Paramount and Murcia is clearly entering a purple patch.
New Spanish government figures point to gentle housing market recovery
Figures released by the Housing Department within the Ministry of Public Works show that expats living in Spain spent 36% more on property in the first half of the year than they did in the same period last year.
Live well year round at The Abama Luxury Residences
Those seeking a holiday home that will keep the whole family entertained every month of the year should look no further than the Abama Luxury Residences in Tenerife.
‘Best Property in Spain’ is found on the Island of Ibiza
According to The International Property Awards 2014-15, the ‘Best Property Single Unit’ Spain is Palacio Bardaji. This beautifully-restored 18th Century palace in Ibiza’s Old Town scooped the highest five-star award at last week’s London ceremony.
Gibraltar property wins best in Europe
Gibraltar’s New Aloes has been handed ‘Best Property Single Unit – Europe’ in The International Property Awards in association with Rolls-Royce Motor Cars.
Foreign buyers bag bargains as Spanish property market offers best value in Europe
A popular winter sun destination, Spain is packed with delights to engage and entertain those looking to while away the days in a warmer clime than the UK affords.
Engel & Völkers reports end of summer rush in the Balearics
After a long hot summer Engel & Völkers, with 19 shops throughout The Balearic Islands, is reporting a strong sales outlook over summer 2013 and predicting a final rush of deals leading up to the close of this year.
Murcia company claims Best Real Estate Agency Spain for fourth time
Murcia-based estate agent, Mercers, has recently earned a five-star accolade for ‘Best Real Estate Agency Spain’ at The European Property Awards in association with Rolls-Royce Motor Cars. This is the fourth time the Company has claimed that title in the past six years – no mean feat.
Spanish property on the up as penthouses command 30% price premiums
Spain’s property market is on the up, as a flood of foreign investors are snapping up bargain properties following years of tumbling prices.