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Huge Surge in Spanish Property Enquiries

A variety of well-regarded Spanish property portals and websites are reporting unprecedented levels of enquiries for properties for sale in Spain.
Although these are still hard times for most people in Europe, it seems that the dream of owning a property in Spain is still as strong as ever. This desire has also been fuelled by [...]

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Cheap Spanish Property: Expert advice is to invest early

People considering investing in Spanish property should look to do so in the early part of 2010 in order to capitalise on rising property prices in the country according to a spanish property expert.

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Some claim Spanish property market is about to turn

In something of a financial U-turn the Spanish property market seems to be somewhat more attractive to overseas investors who are thinking about putting cash into the mortgage market and Spanish property.
According to Mercers estate agents enquires from British people about money types of Spanish properties that are available have increased considerably over the last [...]

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Tax on Spain’s Rich to Balance Deficit

Spain’s cash-strapped Socialist government is poised to emulate the UK and increase taxes on the rich, reversing its policy of tax cuts and prompting protests from the conservative opposition.
The impending U-turn - designed to plug the gaping budget deficit arising from the global economic crisis – was signalled this week by José Blanco, public works [...]

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Spanish real estate bubble

My star article this week is Realism Rules in Overseas Property. Although not specifically addressing the Spanish property market, it contains 10 pithy and basic questions to ask yourself when buying abroad - anywhere.

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Espana’s Housing Woes

Arancha Ibarra considers herself one of the lucky victims of Spain’s housing collapse. After struggling to find a buyer for her renovated two- bedroom apartment in Madrid for two years, Ibarra found a tenant for 750 euros ($1,066) a month, becoming one of the 1.5 million second-home owners thrust onto the country’s rental market.
The number [...]

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Where To Find Cheap Property In Spain

In the meantime, there are countless cheap properties in Spain to be had, thanks in part to a surfeit of new properties as a result of oversupply. It’s a buyer’s market right now, and people are slowly returning to Spain as confidence is gradually restored. Do your research, and Spanish property can still be a [...]

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Investment property in Spain: 20% Net Profit in 4 Years?

This week, the IMF is counselling prudence and continued financial vigilance because it, unlike the Spanish PM, believes that the global economy is a long way from recovery.

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Spanish property owners restructure debts

Spanish property owners are restructuring debt with their creditors throughout Europe as the recession hammers the cash flows and values of commercial property.

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Spanish mortgages lending down 42%

The number of new residential mortgages granted in Spain in April fell 42% year on year to 50,288, according to latest figures from National Institute of Statistics (INE). As elsewhere, Spanish property market runs on mortgage lending, so this dramatic fall in new lending speaks volumes about the weak state of the market. These figures [...]