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June 14th, 2010
Spanish property sales increased by 17.6% in April compared to the same month last year, a total of 34,326 transactions were completed, of which 49.7% was made up of new properties and 50.3% were resale properties. These figures are according to the official data released today by the National Statistics ...
Continue reading Spanish Property Sales Rise for 4th Consecutive Month
May 26th, 2010
According to the Mercer 2010 Quality of Living Survey, which covers 221 cities around the world, Madrid and Barcelona are the highest rated Spanish cities, both of which rank among the 50 best cities in the world to live, occupying positions 48 and 42, respectively. Vienna is rated as the city ...
Continue reading Barcelona: Highest Quality of Living in Spain
May 20th, 2010
Sevilla won the Copa del Rey final last night at the Nou Camp stadium in Barcelona, they beat Atletico Madrid 2-0 in a frenzied encounter. The first goal came early in the game, Capel giving Sevilla a dream start after just four minutes. Then, in a tense finish, Sevilla secured ...
Continue reading Sevilla Win Thrilling Copa del Rey Final
May 14th, 2010
The National Statistics Institute has revealed that, in April, the underlying inflation in Spain has registered its first negative result since records began in August 1986. Underlying inflation, which does not include the volatile prices of unprocessed food and energy, dropped by
Continue reading Negative Inflation in Spain for First Time on Record
April 26th, 2010
The Minister for Housing, Beatriz Corredor, said today that according to the latest price data and construction activity, "the worst of the housing adjustment is over" and Spain has entered a "phase of stability." Corredor was speaking during the Low Cost Real Estate Exhibition,
Continue reading Spanish Minister for Housing: The Adjustment is Over
April 23rd, 2010
Polaris World has reached an agreement with bankers on its debt of 83 million euros, that supports fifteen subsidiaries, and which allows them to avoid insolvency proceedings. The company said that it has reached an agreement involving the sale of certain assets to the banks, thus strengthening its cash position ...
Continue reading Polaris World Successfully Complete Debt Negotiations
April 19th, 2010
This year is the last year you will be able to buy a home in Spain with extraordinary income tax relief, regardless of the buyer's status. As of January the 1st 2011, the reductions for buying a property in Spain will depend on a buyer's income and will mean that ...
Continue reading Time Running Out for Tax Relief on Spanish Mortgages
April 19th, 2010
According to house price statistics released today by the Ministry of Housing, in the first quarter of 2010 the average price of property in Spain was 1865.7 euros per square metre, representing a decrease of 1.4% in respect to the previous quarter and 4.7% when compared annually. The annual drop of ...
Continue reading Spanish Property Prices at 2005 Levels
April 13th, 2010
The property sales statistics released today by the National Statistics Institute (INE) showed the highest increase of its history, whose first comparable data dates back to 2008 and has always reflected declines in the property market until this year. In total, 41,033 home sales were recorded in February, representing an ...
Continue reading Second Month of Growth in Spanish Property Sales
April 12th, 2010
The Spanish government has today approved a package of 26 anti-crisis measures covering six main sectors that they hope will improve the recovery and tackle unemployment. The six sectors involve housing rehabilitation, business stimulus, small and medium business support, greater safeguards for citizens and consumers,
Continue reading Spanish Government Unveils 26 Anti-Crisis Measures
