Foreign investment in Spanish real estate rose by 27 percent in 2011 It’s the largest increase since 2008. Falling house prices in Spain have been undoubtedly the main reason for this positive turnaround. Prices have dropped between 25 and 30 percent since 2007. Foreigners invested 4.748 million Euros in buying property in Spain in 2011,
The Spanish government has decided to revert back to the original way in which a foreigner may apply for an NIE number in Spain. Last December, the government ruled that all applications have to be made in person, and can no longer be applied for by a legal representative with a notarized power of attorney.
Lower prices, the only strategy to sell property on the coast Today we begin the day with a review of current housing in the different Spanish media. To our total surprise, we read the headline: A coastal real estate sold 70 homes in three days. In these times, seems to us quite a feat, but
Nerja is among one of the main tourist destinations in Spain for holiday rentals, according to the travel website TripAdvisor. Ahead of Nerja are only cities such as Barcelona, Madrid, San Sebastian and Marbella. In a statement, TripAdvisor has indicated that holiday rental is a traditional type of accommodation that has many followers and that
The date is a fiesta across the region of Andalucía Today, February 28, is the Día de Andalucía, and is a fiesta in the region. It marks the date in 1980 when a referendum was held on the Statute of Autonomy for the region, in which the people of Andalucía voted to become an autonomous
House prices in Spain have fallen 35% according to the Economy Minister, Luis de Guindos, based upon figures since the crisis started. The main criticism, claims De Guindos, is that the banks only lend to buyers of their own re-possessed properties in preference to those seeking properties from other sources such as general estate agents
If your asking price is right you will sell your property in a day argues José Luis Jimeno, Managing Director of Noteges, a leading Spanish property company. You have nothing but your own unrealistic expectations to blame if your property doesn’t sell fast. That’s the conclusion Jimeno has reached based on his experience of this
Idealista.com, one of Spain’s leading property portals, has just published a survey showing the difference between asking prices and what house-hunters are offering. On average, those looking to buy a property offered 23pc less than asking prices in January of this year, according to Idealista’s survey. The biggest difference between asking prices and offers was