Spain Real Estate News
Just over 4.5 million Britons live abroad, with approximately 1.3 million of them in Europe, according to the United Nations.
The top destinations for British expats in the European Union are Spain ...continue reading "Brexit: What does leaving the EU mean for expats?"
After the scandal over the misleading sale of preferential shares in savings banks and the upcoming big payouts to homeowners for 'floor clause' interest rate overpayments, the next wave of mass financial lawsuits and possible refunds is ...continue reading "Big refunds could be on the way for home sellers over ‘wrong tax charge’"
Estate for sale in Álora (Málaga province). House: 207 sqm, plot: 6,496 sqm, 5 bedrooms, 2 bathrooms, swimming-pool, gardens
Spain ranks third as the preferred destination for global investors looking to relocate out of the UK and into other European countries, according to a new survey released on Tuesday by EY. The audit firm (formerly Ernst & Young) asked senior business executives representing firms with foreign investments in Europe about the impact of Brexit on their operations. And 14% of respondents said ...continue reading "Spain ranks third as Plan B for foreign investors fleeing Brexit"
The British community in Malaga has shrunk by one third in three years. The speed is due to several factors such as ageing, loss of spending power and fiscal pressure, but its rate is increasing, according to the latest figures regarding continual residence.
...continue reading "The British Costa exodus: loss of 5,000 people in a single year"
If you always wanted to live in Spain or ever dreamed with enjoying a long time in the country, but your budget was holding you back, this is your opportunity to make your dream come true. Do not miss this selection of dwellings located around the Iberian peninsula in areas like the Costa del Sol in Málaga, Benidorm in Alicante, Valencia and Cadiz.
130 m2, 2 bedrooms, 2 bathrooms, furnished, swimming-pool, gardens.
Click here for further details
...continue reading "6 Homes to rent in Spain, under €790 per month"
Up to 50,000 people in Malaga province, and possibly millions across Spain, could be in line for a large refund from lenders on their mortgage payments after a surprise EU ruling. This includes 
many foreign owners with mortgages in Spain and analysts said that payouts could reach four billion euros.
The European Court of Justice (ECJ) in Luxembourg ruled that Spanish banks that had loaned money to homebuyers on variable interest rates were breaking European law when they refused to pass on the savings from the dramatic fall in interest rates after 2009 by enforcing the so-called ...continue reading "Millions of home owners in line for payouts over bank loan abuse"
The United Kingdom’s decision to leave the European Union in June has not discouraged London-based property developers from investing in Spain. Among the companies looking to establish a presence along the Mediterranean are Round Hill Capital, which has chosen the Costa del Sol as its launch pad into Spain. ...continue reading "British developers lead the revival of Costa del Sol’s property sector despite the Brexit"
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"
The Cordish Companies, a US real estate developer and entertainment operator, is planning to invest at least €2.2 billion on a Madrid resort. The complex will create more than 56,000 jobs for the regional economy, the company claimed in a presentation. The project includes hotels, restaurants, stores, theaters, cinemas, gaming areas and even a circus.
The company has already presented the project to the regional government, which is controlled by the conservative Popular Party (PP).
...continue reading "US developer planning mega-resort outside Madrid"
