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Property in Spain

Spanish properties sold to foreigners increase by 24.7%

PROPERTY sales to foreigners in Spain experienced an increase of 24.7% in the third quarter of 2011 compared to the same period last year, according to statistics from the Ministry of Public Transactions. The provinces with the greatest number of property purchases by foreigners were Alicante (2097), Malaga (951), Barcelona (607), Balearics (516) and Santa

Homes in Spain

Junta to regulate thousands of illegal Andalucia properties

ANDALUCIA’S Junta president has announced plans to regulate thousands of homes that have been built illegally over the last few decades. Speaking in Torrox at the weekend, Jose Antonio Grinan said a decree to legalise many of the properties built on non-buildable land would ‘probably’ be passed on January 10. “We are talking about legalising thousands and thousands of

Costa Blanca

Doubts Over Spanish Land Registry Plan to Make Info Available in English

Making Land Registry information available in English could make matters worse for the Spanish property market instead of better, according to an overseas property lawyer. Peter Esders, solicitor at Chebsey & Co., told OPP in a letter that more information being made available online in English leaves him “anticipating problems”. “I am worried about the

Cantabria

Asking prices fall 7pc in a year according to portal

Spanish property asking prices for previously occupied homes fell 7.4pc over 12 months to the end of November, according to Idealista.com, a leading property portal. Resale prices are now down to an average of 2,099€/m2, compared to 2,268€/m2 a year ago. On a monthly basis, prices fell 1.3pc compared to October, the second largest monthly

Housing Sales

Three out of four Spanish property investors believe the sector will turn around within eighteen months

The Spanish real estate sector is still in the doldrums, but investor expectations are improving, according to the latest survey by international consultants CB Richard Ellis. 73pc of real estate investors in Spain expect the sector to turn the corner in the next year and a half, reveals the latest property investment barometer from CB


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