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Singles wanting to become independent, young people who share an apartment, families with children, families with elderly people in charge. Each case needs a type of housing adapted to their needs. There are so many goals that finding a real estate project can become a measure that has consequences for the whole family and that must include the specific needs of each of its members. We give you the keys to find the best project. ...continue reading "Find the right real estate project for your family"

Around 56% of British people enquiring about the Spanish property market are actively interested in purchasing opportunities according to a study by Spanish real estate agent Inmoaction with 27% of respondents commenting that they would buy a second home in the country.

Results from the survey of more than 1,500 people highlights that the decline in prices in the Spanish property market is increasingly attracting British buyers looking for a well priced dream home.

‘While the data shows that Brits seem to be showing a great deal of interest in Spanish property, we are seeing this interest translate into action,’ said Marc Pritchard sales and marketing manager of Spanish house builder Taylor Wimpey España.

‘While enquiries by Brits have increased by 5.5% in August this year compared to the same time in 2011, last month saw 53% of all our property sales in August made to British clients,  the strongest sales month to British buyers since September 2010,’ he explained.
...continue reading "British buyers willing to purchase a second home in Spain"

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Comunidad Valenciana stood at the forefront of home sales to foreigners in 2011

Comunidad Valenciana (Valencia, Alicante and Castellón) stood at the forefront of home sales to foreigners in 2011, accounting for the 30.6% of the national total. So, this group performed 10,730 transactions for an amount of 1,515 million Euros, according to the latest report of the Housing Observatory of the region.

The Government explained that the data from the end of 2011 "endorse the Consell bet to encourage the region home sales to European buyers", in order to increase the number of transactions over the previous year, when there were 9,300.

The total value estimated of these transactions amounted to 1.515 million Euros in 2011, an amount that also exceeds the quantity achieved in 2010, with 1,431 million Euros.

The Consell has highlighted its commitment to value the housing stock available in Valencia for foreigners in Russia, Sweden, Norway and the UK, especially new homes for second residence, located in the coastline and inland towns.

He pointed out that a secondary house purchase by foreigners in the Comunidad Valenciana is "to consider a number of advantages over other destinations, such as security, facilities, distance to markets and colonies of foreigners of various nationalities."

Finally, the same sources stressed that property investment "is a significant source of revenue for our community, and has an important impact on productive sectors such as construction, tourism, hospitality or services"

Source: elmundo.es