madrid
November 26th, 2009
The average home in Spain is currently on the market for 344 days, taking more than 11 months to find a buyer, according to a study recently published, which indicates that many prices are still out of reach of many buyers. The length of time is reduced in some areas of ...
Continue reading Around 1 Year to Sell a Spanish Property
November 27th, 2009
The Ministry of Finance has estimated that more than half of all residential leases in Spain not declared to the relevant tax authorities. This has been stated just over a month since income tax rent relief for landlords was raised from 50 to 60%. Specifically, they estimate that there are ...
Continue reading Massive Tax Evasion on Rental Properties in Spain
November 30th, 2009
In more mortgage related news, the Euribor has closed the month of November with its ninth straight record low at 1.23%, meaning an average saving of 240 euros per month or 2880 per year compared to one year ago, this data is based on an average mortgage of € 150,000 ...
Continue reading 240 Euro per Month Saving on an Average Spanish Mortgage
December 10th, 2009
Spanish home sales totaled 106,273 in the third quarter of 2009, while this is 13.6% less than the same period last year, it does represent the smallest decline in a quarter since sales began plummeting in mid 2007. Meanwhile, second-hand property has recovered by 11.5% as 52,299 homes were sold between ...
Continue reading An Improving Spanish Property Market
December 21st, 2009
According to a report by the Spanish Institute for Family Policy, every day there are 333 broken marriages in Spai , making the total number of break-ups for the first nine months of this year 89,883 . This total includes 83,616 divorces, 6,145 separations and 122 annulments, the full total ...
Continue reading Marriage Break-ups Increasing in Spain
December 21st, 2009
The nine Spanish provinces of La Rioja, Navarra, Burgos, León, Palencia, Soria, Huesca, Zaragoza and Teruel are on alert for the "high risk" of snow, according to the State Meteorological Agency (AEMET). However, the AEMET announced that the heavy snowfalls that have occurred recently will soon give way to rain ...
Continue reading Spain on Weather Alert
December 22nd, 2009
The first prize in the annual Christmas lottery, known as El Gordo (the fat one), amounting to three million euros has been won by the number 78,294 and was sold in the city of Madrid. The second prize of one million euros, was for number 53,152, sold in the Madrid ...
Continue reading Madrid Wins Big in Spanish Xmas Lottery Draw
December 22nd, 2009
Barcelona's Lionel Messi was crowned FIFA footballer of the year yesterday at a prestigious gala held in Zurich. The Argentine striker said he was "simply very happy" with the recognition and "being the first Argentinian to receive it, is a great honor." Not even his competitors for the top award had ...
Continue reading The World at Messi’s Feet
December 23rd, 2009
A plane from the airline Spainair, serving the route from Madrid to Las Palmas, with 185 people aboard made an emergency landing this morning. The airport established a local alert, however "the landing was normal and no passengers were injured." The 185 passengers spent the night at the terminal of Seville, ...
Continue reading Spainair Flight Forced to make Emergency Landing in Seville
December 28th, 2009
Nearly one million Spanish are now older than eighty-five years, representing some 2.1% of the population, according to the latest municipal census released today by the National Statistics Institute (INE). In total there are 46,661,950 people in Spain, of whom 989,047 are aged 85 or over - 679,699 women and
Continue reading Spain’s Ageing Population
