Sunday, 19 February 2017

Latest News

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…

Popular News

SPANISH property is firmly back in the global limelight. The…

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…

New Year, market remains strong

THE latest figures on the Spanish property market indicate that there was a cooling down during October after months of back-to-back double digits increases. Home sales fell by 1.7 per cent from September but were 2.6 per cent higher than October last year. House prices rose by 1.5 per cent…

Winter getaways pricier this year

WINTERTIME has arrived meaning many people are renting cottages and chalets so they can get away for a few days and enjoy some skiing. Others might prefer relaxing by the fire with some hot chocolate and a good book. In any case, these winter getaways are a popular alternative to…

Government will not combat ‘vulture funds’

THE National Government is concerned about social housing being sold to ‘vulture funds’ but considers the issue to fall under the jurisdiction of the autonomous communities. During a Senate meeting, Maria Pilar Garrido Gutierrez, the senator from the parliamentary group Unidos Podem-En Comu Podem-En Marea grilled Minister of Development Iñigo…

Demand for a dream

SPANISH construction is in rude health if the abundance of new property ventures, both residential and commercial, is anything to go by. The real estate market in Madrid is now on fire with foreign investment increasing dramatically since the first signs of recovery in 2013. Indeed the commercial real estate…
Win A Car

MEMBERS OF: AEPG association AFFILIATED TO: