Spain Real Estate News
Bad news: Bank of Spain says real-estate developers have a potential troubled exposure
The Wall Street Journal talks quite often about Spain's financial situation.
In a recent article, published yesterday, John Shipman writes: "Spain Has Its Own Set of Problems Nowhere Near Being Solved. Though Spain’s IBEX 35 stock index jumped 1.7 per cent today, ...continue reading "Wall Street Journal on Spain"
7 great image tips for your kitchen
We sigh for kitchens, wouldn't you love to have one of these?
Let us give you a few image-tips: ...continue reading "Design your Kitchen. Pay Attention to Color"
Who to go to when planning to buy a house in Spain
The New York Times Real Estate section talks today about a decisive decision: to use or not to use the services of a real estate agent.
"Why should a buyer bother using an agent?", asks the paper, "to protect his or her interests in an expensive, often complex purchase that can become even more ...continue reading "A House in Spain? Do it Safe"
Government considers hiking income tax on Spain's highest earners
Under the proposed plans, the new levy would be imposed on net wealth in excess of EUR700,000, affecting an estimated 160,000 of Spain’s wealthiest individuals. Expected to yield around EUR1.08bn (USD1.48bn) a year for the government, the threshold for the proposed levy is around seven times the previous EUR120,000 2008 threshold to ensure that the middle class is protected from the measure.
The government's move follows an announcement by Spain's FinanceMinister Elena Salgado at the end of August, in which she explained that the government is currently considering the idea of ...continue reading "Target: Spain’s Super-Rich"
Crown your livingroom with Art
Planning to decorate your livingroom? Here's three artistic works to give a tone of sophistication to your livingroom.
A whole wall for your bookcase
Have you ever imagined your ideal house? Mine has the largest bookcase. This combination of nature and culture in the image makes it a great example of a good use of space in a house.
A mystifying equation: 1 + 1 equals 2.5 on real estate
It's a new way to make better profit according the New York Times. "It applies to breakthrough combinations", says the paper, "in which someone buys two adjoining apartments and breaks through the connecting wall, or in some cases the floor or ceiling, to create a bigger place. The equation makes ...continue reading "Selling Contiguous Apartments"
If ever there was a time to snap up a bargain Spanish property is now
Never before has the chance been so affordable to own your own Spanish property, to live, retire, work or generate revenue by cashing in on the still increasing tourism market.
According to the real estate valuation firm Tasaciones Inmobiliarias (Tinsa), in Andalucia, the average price of housing fell by 6.8 per cent in August over the same month of 2010, which marks an incredible accumulated drop of 23.5 per cent since its peak in late 2007.
...continue reading "Doors Open on the Spanish Property Sales"
The Spanish property market is finally starting to recover
The consensus is that demand is now growing, and that prices have fallen far enough, but that the market is still difficult and very different to what it was -- a fact that the road show planners seem to have missed.
The road show hopes to appeal to the mass-market, low end buyers, but these buyers relied on the loose lending that fuelled recklessness and over-development in the market, and also on the surge of confidence that came from house prices rising rapidly in their home countries.
So, now we have a Spain that is still over developed and over supplied, and where lending is hard to come by, but where prices are up to 70 per cent below peak 2007 prices. And it is that last fact that has the buyers coming back.
property-abroad.com
A pretty face for a pretty city studio
Wouldn't your studio apartment look great with this pic in the center of your livingroom? Give a bit of class to your house with black and white photos.