Spain
Gibraltar takes World Trade Center to MIPIM 2011
Dubbed “the world's premier real estate event for professionals”, MIPIM 2011 is about to descend on Cannes. Running from 8 to 11 March, the occasion gathers together key players in the global real estate industry and Gibraltar’s World Trade Center is preparing for its MIPIM debut.
7 nights play and stay for 299 euros – Spanish golf fights back
English-owned Costa del Sol golf course, Estepona Golf, is leading the fight-back for affordable Spanish golf holidays. Now offering a 7-night play and stay with unlimited golf and range balls for just 299 euros per person, there’s no excuse for golfers not to return to their favourite golfing destination.
UK is top touring destination for Taylor Wimpey de Espana
Taylor Wimpey de Espana have a busy year ahead of them, not only are they launching new boutique developments across Spain but they are also touring Europe this Spring to showcase their quality developments.
Three property sales in three weeks for Gibraltar’s Ocean Village Marina
In the closing stages of 2010 a handful of high floor apartments in Gibraltar’s Ocean Village marina were released back to the market for sale. Seven sold within the first week to ‘waiting list’ buyers meanwhile, across a three week period in 2011, a further three properties priced between £280,000 and £470,000 have been snapped up. Why the demand? Answer – location location location.
Is Spain ready for the off-plan property tap to be turned back on?
In recent weeks, two Murcia-based property developers have announced grand plans for new build residential projects in 2011. One, Lake Argos, promises 500 ultra-modern detached homes in a nature reserve setting whilst Polaris World is adding 400 new units to its vast golf-led Murcia property portfolio. Local real estate company, Mercers, wonders if this could be premature.
Gibraltar ‘Bull’ sale in bid to recoup Madoff monies
It might seem like a drop in a 50 billion USD ocean, but the liquidators of infamous Madoff Securities International are selling the fraudster’s superyacht in a bid to recoup a fraction of the victims’ lost money. Currently lying in Gibraltar waters, ‘Bull’ (you’ve got to hand it to the man) is expected to receive offers over three million euros.
Spanish court ruling gives boost to ReclaimYourDeposit.com
As news of Spanish property fiascos escalate with many embittered expats losing millions of pounds in deposits for non-existent second homes, a legal lifeline has emerged from a Cantabrian courthouse.
Alicante and Malaga remain popular with foreign buyers
According to the latest analysis from Kyero.com, foreign buyers are increasingly looking for bargain properties and continue to focus their property searches in Spain’s best-known provinces.
Formula One hopes for Mallorca’s property market
Mallorca appears to be having more than it's fair share of action this year. This beautiful Balearic Island is already to be used at both the start and finish of the Global Ocean Race 2011 - 2012.
The quaint Spanish town of Moraira attracts UK buyers
When it comes to buying or building your dream home in Spain, the small Spanish town of Moraira has a lot to offer UK property buyers.
Gibraltar - an attractive proposition for the hedge fund industry
1 January 2011 was a key milestone in Gibraltar’s fiscal history. On this date the new Income Tax Act came into effect and completed the territory’s 14 year transition from ‘tax haven’ to mainstream European financial services centre fully integrated into the EU.
Flood of foreclosed properties set to hit Spanish market
There are now around 100,000 foreclosed homes on the market in Spain according to Madrid-based Pisos Embargados de Bancos, a company that lists a quarter of that amount on behalf of 25 Spanish banks.
Only half of property bank guarantees ‘issued’ in Spain actually exist
Despite being a legal requirement, ReclaimYourDeposit.com has discovered that only half of the bank guarantees ‘issued’ in Spain actually exist. This shocking news will heap yet more misery onto those despairing investors who are without a second home, the deposit they shelled out to buy it and now no means of recovering their losses.
Mallorca sales figures double for Taylor Wimpey de Espana
The most established British developer in Spain, Taylor Wimpey de Espana announced this week that 2010 has seen increases of up to 50% in sales from last year. And it is the Balearic island of Mallorca that has played a major part in bolstering the figures by doubling their year on year sales.
easyJet flight boost for Gibraltar Airport
As the eagerly awaited £100 million terminal nears completion, easyJet has announced its intention to launch a brand new route into Gibraltar Airport from Liverpool’s John Lennon. The three times a week service, to begin 29 March, will complement easyJet’s existing London Gatwick schedule and compete against Monarch Airlines’ Manchester route – also three times a week.