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Spanish Property Prices Still Decreasing
As the sale of Spanish property registered an increase of 10.7 per cent in the first half of 2010 compared with the same period in 2009, the property prices have seen a drop of 4.3 per cent in July compared to the same month in 2009. The Spanish Property...
Spanish Property Sales Increase 10.7% Compared to 2009
The sale of properties in Spain registered an increase of 10.7% in the first half of 2010 compared with the same period last year, according to data released Tuesday by the National Statistics Institute (INE). 37,297 transactions were registered in...
23% of Spain’s Construction Companies Closed
According to a recent study by the Fundación Colegio Libre de Eméritos Universitarios around a quarter of Spain’s construction companies have closed shop. A total of 170,000 companies in the construction industry have closed their companies during...
Distorted Realities of the Spanish Property Sector
A recent article on a property website declared that the “number of internet searches by Brits for property overseas has increased exponentially in the last 12 months, according to a study conducted by an estate agent consortium”. The survey...
Spanish Municipalities on the Brink of Bankruptcy
The collapse of the Spanish property sector and bad management has led to over 400 out of the over 8,000 municipalities in Spain to stop paying their water, electricity and telephone bills. According to sources from the FEMP (Spanish Federation of Municipalities...
Debating “Ley De Costas” Law
Since 2004, the Spanish population has been heavily criticizing those policies, which the former Environment Minister – Cristina Narbona made, regarding “Ley De Costas”. It has been over 5 years and a situation of unrest pertaining to the then...
The Costas Sitting on a Goldmine
A recent study focused on Gandia highlighted the need for residential tourism. Heading the study, Sr. Vicent Altur identifies the need to turn residential tourists into residents upon their retirement. He says this can be achieved by providing year round...
Spanish Property Controversy: Spain a Pariah State
Spanish MEPs have added their voices to EU parliamentarians and human rights campaigners condemning Spain’s abysmal record of unequal application of planning laws and summary destruction of homes. Many homes were bought in good faith within the law...
Spanish property debt is unbearable, warns Assocation
The president of AHE (Spain’s Mortgage Association), Santos Gonzalez, has warned that the banks do Share
