Do you like going to the beach? And what about sunny weather nearly the whole year? Oh, well, if the answer to those questions is yes, this is your post, don’t miss it! ...continue reading "Homes for sale in Alicante under €150,000!"
The number of homes in Spain sold to British buyers has slumped since the Brexit vote and the fall in the value of the pound.
Sales in the third quarter of this year declined 16% after steadily increasing since 2011. Last year the strong pound led British buyers to purchase almost 10,000 Spanish properties, up 42% on 2014, giving them a 21% share of the number of homes acquired by international buyers.
No other nationality buys as much property in Spain as the British, and in recent years they have made a significant contribution to the recovery of the Spanish property market.
About 28% of holiday homes on the Costa del Sol are sold to Britons and 26% on the Costa Blanca. They also dominate the sales of holiday homes in Murcia, the Canary Islands and the Balearics.
...continue reading "Brexit vote dents British demand for Spanish property"
Hoteliers’ associations in Benidorm and Gran Canaria have complained about “clear abuse” by British law firms who approach holidaymakers promising “to get them their money back for their holidays” on a “no win, no fee” basis.
According to reports over the summer, mobile ‘help centres’ have appeared in areas popular with UK tourists that encourage them to make compensation claims for complaints such as sickness or poor quality.
European package holiday legislation makes tour operators responsible for compensating passengers if anything goes wrong on holiday, however these amounts are normally taken off the money paid to hoteliers as part of their contract.
...continue reading "Holiday resorts’ anger at UK lawyers who encourage tourists to sue hotels"