January 24th, 2011
A British couple have been given an eight month suspended sentence and ordered to demolish their Spanish villa for breaching planning regulations. David and Janet Hartshorn illegally built a large house on protected land near the Costa del Sol town of Torrox, a judge ruled.
Continue reading Couple Sentenced and Ordered to Demolish Villa in Torrox
December 28th, 2010
The Spanish government said yesterday that household electricity prices will increase by 9.8%, effective Jan 1st, in a move that could stoke already-strong inflationary pressures as it reverberates through households and the larger economy. Spain's industry ministry said the hike will
Continue reading Power Prices Set to Rise in New Year for 17m Households
July 26th, 2010
US First Lady Michelle Obama and one of her two daughters will take a summer break in Spain, a White House source said Monday. Mother and daughter will spend their holiday in the southern holiday resort of Marbella on a "private visit in the company of old friends," the source ...
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July 22nd, 2010
The Ministry for Housing will be abolishing the direct funding it has been providing for the purchase of Spanish housing by low income families in 2011 and 2012. The funding, which ranged between 5,000 and 12,000 euros, ends on January 1st 2011 and is part of a series of budget ...
Continue reading Budget Cuts Effect on Low Income House Buyers
July 14th, 2010
The town of San Roque in Cadiz was on alert yesterday with a frightening scene on the local beaches. The alert was due to the fins of a blue shark being seen in shallow waters, forcing emergency workers to evacuate the beach. The shark was sighted in the afternoon just ...
Continue reading Blue Shark Causes Beach to be Evacuated in Cadiz
July 6th, 2010
According to the Bank of Spain, the total amount of money loaned through mortgages as of May amounted to 680,690 million euros, representing an annual increase of 0.9% over the same month in 2009, the highest growth in nearly a year. Although mortgage debt
Continue reading Spanish Property Loans Continue to Show Growth
July 5th, 2010
According to their Economic and Financial Report for June 2010, the Spanish Banking Association (AEB) state that house prices have now fallen "just over 10% from the previous maximums of early 2008," and are now at levels similar to those of late 2005. They believe that although
Continue reading Banks Weigh in on Spanish Property Prices Changes
June 22nd, 2010
More than one in four households of the elderly in Spain, 27.6%, is classed as "poor", with an income of less than 646 euros per month for those who live alone and less than 969 euros for those living with a partner. These figures are according to a report released ...
Continue reading One in Four Spanish Pensioners Considered “Poor”
June 21st, 2010
A man has been arrested for the murder of his former mother-in-law after attacking her with a stick in the town of La Guancha in Tenerife. The man, aged 44 years old, blamed her for his separation from his wife, who he had threatened to kill on several occasions. According to ...
Continue reading Elderly Woman Murdered by Son-in-Law in Tenerife
June 15th, 2010
Spanish house prices fell by 2.9% in the first quarter of 2010 compared to the same period in 2009, experiencing a continued slowdown in the decline of property prices after a 4.3% drop in the final quarter of last year, which also improved on last year's statistics. These figures are ...
Continue reading Spanish Property Prices Continue Soft Landing