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Posts Tagged ‘Spanish Property’

Profiling the Recovery Part III: Spain

by liambailey on Thursday, February 4th, 2010 in International Real Estate Trends, Predictions, Spanish Property

Knowing — or maybe believing is a better word — that property markets and economies around the world are on the way back up sure is a nice feeling. It may be a short-lived feeling, because according to some there are signs that the short-lived positivity will end as quickly as it begun.

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Buying Property In Tenerife

by OP-Mall on Saturday, January 10th, 2009 in Spanish Property

puerto-de-la-cruz-north-coast-tenerife-spain

If you thought the Canary Islands (especially Tenerife) were home to drunken British tourists and tacky resorts, think again. In fact this beautiful island has so much more to offer than cheap tourism than is initially believed.

Aside from the fact that Tenerife sports an all year round excellent climate at around 22 degrees Celsius, you can also eat your heart out at the many new, hip restaurants and cafes as well as explore the many breathtaking scenic aspects of the island.

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New Spanish Property Law Introduces REITs

by OP-Mall on Tuesday, November 11th, 2008 in Real Estate Investment Trust (REIT), Spanish Property

In a bid to revive Spain’s lagging real estate market and to also protect property investors’, the Spanish government has recently drafted a new law that permits property developers convert to regulated Real Estate Investment Trust companies (REITs).

The REITs company establishments are supposed to help revive Spain’s real estate industry governed by strong rules to keep control.

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International Property News Beat [Mid Week] – Highend London, Spanish & Florida property

by Overseas Property Mall on Wednesday, October 29th, 2008 in Property News Summaries

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International Property News Beat [Mid-Week] – Spanish Property, Emmar & Real Estate Moguls

by Overseas Property Mall on Wednesday, October 22nd, 2008 in Overseas Property Trends

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International Property News Beat – House Prices in Dubai & Bulgaria, House buying tips in France

by Overseas Property Mall on Monday, September 8th, 2008 in Property News Summaries

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High End Spanish Properties Unaffected by Downturn

by Overseas Property Mall on Tuesday, September 2nd, 2008 in Luxury Property, Spanish Property

spanish-villas-by-golf-course.jpg

Amidst the gloomy conditions and depressing headlines surrounding the Spanish housing market, a recent FT report shows that high end real estate still appears to be holding strong. In the last six months, Savills’ Costa del Sol office have had two €7m sales, one to an Englishman and one to a Gibraltarian, a €5.5m sale to an Englishman and a €5m one to a Russian.

While the mass market is suffering from a glut of new properties, the high-end Spanish property sector is characterised by well-heeled, cash paying high net worth individuals unaffected by high interest rates and mortgage restrictions.

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Spanish Government in Court Over Land Grab Laws

by OP-Mall on Wednesday, August 27th, 2008 in European Property, Spanish Property

construction in tarifa, spain

British and other overseas expats who have lost their Spanish homes to a notorious and ridiculous ‘land grab’ law now have some hope in retrieving their properties. The European commission has now taken Madrid to the European Court of Justice over alleged infringements of European competition regulations governing the public works contracts in Spain.

The law allowed Spain’s developers to expropriate rural land from property owners if the developers’ could persuade local authorities that the rural land acquired were suitable for “urban development”.

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Spain – Is It The New Helldorado?

by OP-Mall on Tuesday, July 8th, 2008 in Spanish Property

Spain has taken on a new meaning for the one million British investors who settled in the country over the last ten years. What was once a property investors dream has today become a nightmare for many. So what has happened in the land of tapas, afternoon siestas and endless sunshine? What could have possibly gone wrong to Brit expatriates in such big financial trouble they lose hundreds of thousands of pounds on their once rosy investments?

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Spanish Approve Tax Cuts To Counteract Property Gloom

by OP-Mall on Tuesday, April 22nd, 2008 in Spanish Property

The Spanish government has acted fast to counteract the worldwide property gloom that seems to have hit us like a storm in the last few weeks. A new law was passed on April 18th that cuts all workers and pensioners tax bill by 400 euro, taken from a budget surplus to help counteract the slumping housing market.

18 billion euros has been approved with immediate effect to be funnelled back to the Spanish residents. 10 billion for this year and the remaining 8 billion euros next year.

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