EstatesSpain.info

Recovering real estate sector presents best growth opportunities

2011-11-15T10:24:00.001-08:00

Investors seeking a bargain should turn to the Spanish property market as High levels of distressed properties and unsold stock in Spain make it a buyer's market, it has been suggested. According to Bloomberg reports, there are many reasons for people to consider purchasing real estate in Spain at the present time as the real estate values have now slipped to their 2003 levels, making it an

Mallorca is expected to undergo a top-down recovery in 2012

2011-11-15T10:19:00.001-08:00

The Mallorca property market is expected to undergo a "top-down recovery" in 2012, it has been suggested. According to Sotheby's International Realty, the high-end homes for sale on the island have performed relatively well this year and this is expected to continue next year. Stephen Dight, Managing director of the organization commented: "We expect a top-down recovery, that is to say

Valencia a safe choice for investment

2011-11-10T14:11:00.000-08:00

While property prices in Spain have plummeted in recent years, Valencia is considered to be a good option for those planning to purchase a home in the country as there are many homes in the city on the market for a low price at present. Marc Da-Silva, founder of PropertyJournalist.com said that due to the Spanish housing downturn, there are a lot of the vendors have become desperate in their

commercial property sector may take some time to recover

2011-11-04T14:14:00.000-07:00

The commercial property sector in Spain may take more than a year to recover, research shows. According to a data published by Savills, the lack of finance coupled with the wider European debt issues will slow the market's recovery. Since 2001, investment in Spain’s commercial property sector is now at its lowest level with just €1.25 billion (£1.1 billion) in deals concluded in the first nine

Spanish golf properties are holding its value

2011-09-21T07:01:00.000-07:00

According to industry experts in Spain, properties located on or near Spanish golf courses are holding its value much better than the national average and have weathered the economic storm better than comparable homes on the coast. Taylor Wimpey de Espana said that Golf property had held its value between 10 to 15% more than other properties in the country and the value of golf properties fell

2011-09-21T06:40:00.000-07:00

Demand for property in Spanish cities could be set to grow as an increasing number of investors look to take advantage of price drops in Costa de la Luz on Spain's Atlantic coast. Nick Stuart, managing director of Spanish Hot Properties, portrayed the region as "the Caribbean of the Spanish property market" as it offers "a completely different lifestyle for property buyers, especially for

Spanish luxury property market has shown more resilience

2011-09-15T07:54:00.000-07:00

The sales of residential property in Spain dropped radically during the second quarter of the year, compared to the same period in 2010. Recent figures from Spain’s National Institute of Statistics showed a 40.8 per cent fall in the level of Spanish property sales which is followed on from a 30.4 per cent decline in Q1 of 2011, compared to a year earlier, according to AFP report published on

Substantial price falls in Spanish coastal areas encourage buyers

2011-09-08T07:55:00.000-07:00

Investors seeking a bargain should turn to the Spanish real estate, one sector commentator has noted as there are "some outstanding bargains to be found" in the country. Adrian Warriner, Managing director of Spanish-Living.com explained that this is the ideal time for buyers to jump in as in some of Spain's coastal areas, price falls have been substantial. He suggested Costa del Sol, where

Foreign investment increase in Madrid office market

2011-09-01T07:57:00.000-07:00

Foreign investor interest in the Madrid office sector has increased significantly which is showing signs of recovery particularly in Madrid's central business district (CBD). The latest research from Savills has revealed that vacancy rates in Madrid has dropped during the second quarter of the year to reach 4.73 per cent, compared to the 5.31 per cent recorded in the shortage of new

Retirees looking for Spain for new experiences

2010-10-26T07:49:00.000-07:00

Brits retiring abroad are increasingly looking to try a new way of life and Spain is still a popular choice with people wishing to retire in the sun, it has been claimed.According to Research by NatWest International Personal Banking , moving abroad is still a popular choice with retirees, with western European nations such as Spain and France and long-haul destinations such as Australia and US

Distressed properties offer best bargains in Spain

2010-10-01T12:24:00.000-07:00

Those looking to buy properties in Spain pick up many bargains due to the economic climate, it has been stated.According to data from the Royal Institution of Chartered Surveyors (RIC’s), 13 out of the 25 countries surveyed reported distressed sales which include Spain. The report stated that distress sales in the market are increasing at a faster pace than last quarter and greater number of

The world cup bid will help revitalize the property market

2010-09-27T13:15:00.000-07:00

Spain and Portugal are considered having "ideal venues" for the World Cup and having a strong chance of being elected as tournament host and this could have benefits for people with property in the nationsAccording to Costa del Villas, Spain and Portugal are vying with several other bidders, including England, to host the tournament and FIFA inspection delegation head Harold Mayne-Nicholls has

Andalusia market is delivering great opportunities for buyers

2010-09-16T13:42:00.000-07:00

Anyone interested in property in Andalusia property market could be interested to know that the market is alive and well and delivering great opportunities for buyers.According to annual report on the market by Barbara Wood of the Property Finders, the stats indicate that at the end of 2009 in Andalusia, there is overall 18% fall since prices peaked in 2007, however he recommended buyers to see

Marbella property sales in 2010 increases three fold

2010-09-09T23:28:00.000-07:00

The property market in Marbella on Spain's Costa del Sol appears to be showing the first tentative signs of a recovery.The Spanish newspaper El Sur cited the figures published in a report by the Municipal Delegation of Hacienda (Marbella's equivalent of the Inland Revenue) and stated that in the first financial trimester of this year, 2.499 property sales were officially registered, which is

Falling prices and favorable exchange rates boost Spanish properties

2010-09-09T11:18:00.000-07:00

Property searches are up for Spain as investors look to capitalize on falling prices and favorable exchange rates. Spanish property sales are expected to enjoy a new boost as Sterling regains the 20% lost to the Euro since 2008. Many agents have said that price falls in Spain are drawing investors back to the country.Capital Gains Tax changes in the recent UK Emergency Budget are an extra

The Balearic Islands is a long-time favorite with holidaymakers

2010-08-27T12:04:00.000-07:00

Excellent climate with some 300 days of sun per year, wonderful beaches, a rich cultural offer and the unusual hospitality of their inhabitants make Balearic Islands one of the preferred holiday destinations in Spain.According to Govern de les Illes Balears, the islands boast an array of natural wonders which keep people returning to the holiday hotspot, anyone renting out property to

Nerja has maintained a lot of its original character

2010-08-13T08:56:00.000-07:00

Nerja on the seashore some 50 kilometres from Malaga and marks the eastern tip of Malaga's Costa del Sol has been recommended for anyone seeking a Spanish property in a more remote part of the popular destination.Flanked by a dramatic mountain range, Sierra Almijara, to the east, Nerja boasts 16 kilometres of beaches with powdery sand and sparkling clear water. All major water sports are

Brits are currently able to pick up tremendous value properties

2010-07-30T08:18:00.000-07:00

Property investors in Spain will be pleased by news that the European destination has been tipped to become the top tourist hotspot this summer, despite increasing competition.According to the Association of Independent Tour Operators (AITO)., Holidays to Spain will be the top choice in 2010 by British tourists. Ian Bradley, spokesperson for the group, said that Spain will be sure to come out on

Current recession good for investment

2010-07-20T13:39:00.000-07:00

The Spanish property market is showing hints of stabilizing and individuals looking to invest in Spanish property should do so in the early part of 2010, it has been suggested by a property buyer.The purchaser purchased a house in 1994 in Marina Alta, a northern part of the Costa Blanca, when Spain was still in recession. He said that with little demand for building work at the time, he was

Pamplona Bull Run boosts property in northern region

2010-07-03T12:05:00.000-07:00

The festival of San Fermin, or the Pamplona bull running as it's more commonly known outside Spain officially begins at midday on 6th July every year. The popularity of the Pamplona Bull Run sees property in Spain packed out during early July.According to Lonely Planet, demand for accommodation in the northern region where the annual tradition takes place is typically full as the big day

18-month high for volume of sales in the property market

2010-07-02T11:57:00.000-07:00

There is increased optimism that property sales will continue to improve across Spain in the future.Data for June from the College of Registrars showed that 7.04 per cent growth was witnessed in the Q1 when weighed up with the same period 12 months previous. Sales also improved by 16.28 per cent over the first three months of this year in comparison to the final quarter of 2009. These figures

Spanish city of La Coruna offers views of the past

2010-06-21T13:31:00.000-07:00

Property in Spain could be an ideal investment, especially in the town of La Coruna as it is a great destination for a holiday and also ambitious developments are set to take place.Antonio Fontenla, acting president of A Coruna Chamber of Commerce said that much of the city’s property doubles as museum or gallery space. He said that the city hosts many art galleries where the visitor can take in

BA Launches New flights to Spain Balearic Islands

2010-06-15T13:43:00.000-07:00

British Airways has launched its new BA CityFlyer service to Ibiza, allowing passengers to fly direct from the Docklands to the Balearics which is good news for rental property investors in those resorts.Customers can fly from London City on a direct to this popular city break destination in just two hours and 15 minutes. Flights depart and return on a Monday, Friday and Sunday, leaving early

Spanish countryside offers good value to tourists

2010-06-07T13:37:00.000-07:00

Spanish countryside could be an option for people who want a good-value holiday as it is likely to provide "incredible value" in 2010, according to a media outlet.The Daily Telegraph has reported the strong Euro has not dented the appeal of Spain and this means that while costs are up as a result of the strong Euro, they are still below those at home. Rural areas in Spain have become family's

The popularity of Spain is due to its versatile properties

2010-05-31T08:00:00.000-07:00

Spain is one of the most popular destinations for Brits and lifestyle buyers and is due to its good weather, relaxed lifestyle and the chance to live or holiday together with the fellow Brits. James Dearsley, European sales director for Atlas International, explained that there are two types of people interested in Spain. Firstly, there are those who "want to go there because Spain is so