Thursday, 23 March 2017

Latest News

Spain: Investment hotspot

ONE of the world’s biggest accountancy firms has revealed that Spain is set to become even more of an investment hotspot in 2017. Ernst and Young, now known as EY, found that Madrid is a favourite among investors looking to relocate from the UK following the Brexit vote. Spain’s capital…

Atlantic attention on Spain

SPANISH property is firmly back in the global limelight. The prestigious New York Times has recently published a piece singing the praises of the emerging marketplace, especially highlighting Barcelona. The piece notes how the return of influential international investors to Spain in 2014 has helped the market improve dramatically since…

Property heaven for investors

FOR the seventh year in a row, Hong Kong has been declared the least affordable city in the world when it comes to buying a property. An apartment in the skyscraper city costs more than 18 times the annual income of an average household. That shocking statistic has actually improved…

Europe’s vision for 2017

SPAIN is now one of the best places to invest in real estate in Europe as political turmoil grips the continent. Investor expectations for 2017 have been undermined by political uncertainty, especially in the UK, but Spain fares very well in recent reports. PwC has released its European Real Estate…

Popular News

IN a surefire sign that Spanish residential real estate is…

Discover the market price of any home in Spain

BANKIA has launched a free tool that allows anyone to discover the market price of any home in Spain. People can even obtain a detailed report on the property, local facilities, and its price evolution in recent months. The tool can describe the socio-economic condition of the neighbourhood, transport services,…

Red hot properties down under

REAL estate in New Zealand startled observers when two Auckland homes were sold five times in just four days. The country continues to experience a property boom, considered one of the biggest in the world today. Both houses were ‘flipped,’ meaning sold two or more times during a year. The…

New incentives for landlords

LANDLORDS who offer their tenants fair rents will be offered tax breaks and other subsidies as a reward under a new scheme aimed at lowering prices and ending the scourge of abusive rents. The project has been pioneered by the Catalonian government as rents in the region reached a record…

Peak investment in Spanish hotels

LAST year was a spectacular one for Spain’s booming hotel industry as the residential property market shed the last relics of recession. Total investment in Spanish hotels reached an astronomical €2.15 billion in 2016, the second highest year of the decade after 2015. International investors interested in new and ever…

New house prices in Spain up again

THE price of new housing across Spain has jumped up for the second consecutive year, rising by 3.3 per cent in 2016. That leaves an average price per square metre in newly built properties of €2,120. When the price of new builds rose in 2015 it marked the first increase…

Skating on thin ice

TWO major financial institutions have sounded a warning bell over fears that several key property markets could overheat and collapse. Both Barclays and the Organisation for Economic Co-operation and Development (OECD) have painted a stark picture of the potential threat. A recent OECD report has identified Sweden and Canada as…

Terrific year ahead

2017 is set to be the year that the Spanish property market finally consolidated the astounding gains of recent years and embraced a new model of stability and sustainability. House prices are expected to see strong growth of around six per cent, surpassing the just over three per cent seen…

Finally, it is the end of an era

A SURVEY of some of the world’s top property experts has found that the majority believe that 2017 will the year the extraordinary London price boom finally comes to an end. Conducted by The Times, the poll found that 22 out of 39 leading economists reckoned the show was over…
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