“Foreign buyers are being lured back to Spain by lower house prices and fewer town-planning and property related scandals that gave a big slap to Spain’s reputation at the tail-end of the boom in 2008. “The surge in foreign demand last year was not evenly spread, however.” There was a significant increase in the number […]
Costa Blanca Top of the Charts for sales
Although a decrease in Spanish sales overall – Costa Blanca wins head and shoulders of the other Costa’s … Stronger sales from Jan to Sept 2012 were recorded for the Spanish district of “Alicante” in the Costa Blanca region – having greatest number of property sales by other nationals — the total sales listed are […]
End of price drops on the Sunshine Coast
The only people reducing property costs on the Costa del Sol today are the banks with their less-than-favourable repossession stock … this will follow to other areas by mid 2013. Also to take note some developers are reducing costs … the ones “who have properties that actually nobody wishes to purchase” (old and tired stock). […]
Spain leading the way in UK property sales
According to the recently published “Quarterly Index” report from The Overseas Guide Company, 79 % of British residents were wanting to buy property in the Eurozone during Q3 2012, with Spain leading the trend. RM, editor of The Overseas Guides Business, said: “Let’s not forget, the euro was at a four-year low against Sterling by […]
Good news — more UK buyers in Spain over the last quarter
There has actually been a substantial surge in the number of Britons snapping up properties in Spain, formal figures show. According to the current data produced by the Ministry of Development, 9,502 Spanish properties were purchased by foreigners, consisting of Britons, during the 2nd quarter (Q2) of this year, exemplifying a 12 % boost compared […]
Cyprus Government lowering VAT to encourage EU buyers
THE HOUSE of Representatives of Cyprus has accepted many tax incentives in order to boost Cyprus economy and attract foreign investments to Cyprus. One of them concernes lessened VAT prices for the non-EU nationals, buying their very first property in Cyprus for personal use. 5 % VAT will apply to EU and non-EU residents, which […]
Paramount Theme Park (Murcia) the latest updates
The base stone for Murcia’s Paramount Theme Park (Costa Calida) was laid last month, as the mega venture took a step close to becoming a reality. The foundation stone laying ceremony for the new Paramount Theme Park in Murcia, Spain, marks the start of the building process, with a view to opening this spectacular theme […]
Market place in Spain – prices still need to drop more
It remains a purchaser’s market in Spain, as desperate suppliers proceed to slash asking rates in a bid to draw in more home-buyers, according to the current information from Spanish property portal idealista. The figures reveal that over fifty percent – (54%) – of existing sellers decreased their asking prices by an average of 12 […]
Orlando property prices levelling off?
Residential property costs in Orlando, Florida, appreciated for the next consecutive month in May, with the average rate of a home in the town rising by 2.6 % from April and 11.1 % since the beginning of the year, according to a brand-new report released by the Orlando Regional Realtor Association. The four-month trend of […]
Top city student investments – Paris leads the way in 2012
Paris has narrowly defeated London to be ranked as the top spot for investors in student property, according to analysis by the Knight Frank. London missed out on the top spot for student real estate due to the high price of living; it is followed by Vienna, Dublin and Barcelona. James Pullan, head of student […]