Costly Spanish Corruption Curbed

New legislation due to be implemented in Spain will restrict property prices and prevent corruption in the real estate sector.

Buy property in Spain

Spain is the most popular destination for British investors looking to purchase a property abroad, according to financial provider HSBC.

Spanish property doctor: Beware of buyers who flash the ecash

A new breed of Costa con man is preying on gullible sellers, stealing money and even houses.

Spain's huge town planning schemes

STRASBOURG (Thomson Financial) - Deputies in the European Parliament have condemned the huge town planning schemes that are affecting some areas of Spain, particularly Madrid and the tourist belt coastlines, as well as the pressures put on local owners to part with their real estate. The residential planning schemes have "no relation to the genuine needs of towns and villages," go against "environmental sustainability" and have a "disastrous effect on the cultural and historic identity" of the sites, according to the European Parliament.

DLA Piper loses Spanish property boss

“The reason for the move is that I’m trying to find other types of work. I’ll work in the real estate sector and I have my own business. I will take the summer to have time to think about it.”

Santander to sell off property in Spain

Spain's biggest bank, Santander Central Hispano, plans to sell all its property assets in the country, except its headquarters, for an estimated 4.0 billion euros ($5.3 billion), according to a report published in Spanish daily El Pais.

GE buys real estate in Spain

GE Real Estate Iberia has the reins in Spain on logistics. The firm is adding to its 200,000-square-meter industrial portfolio in the country with the acquisition of two new developments, a 110,000 square-meter project in Vilarrodona, 80km from Barcelona for €80 million (U.S.$106 million), and a 44,000 square-meter facility in Valencia for €44 million (U.S.$59 million).

Central Hispano sell Spain real-estate worth 4 bln euros

A spokeswoman for Spain's largest bank by market capitalization said Wednesday that the sale of 44 buildings, including its large complex in Boadilla del Monte on the outskirts of Madrid, and 1,200 branch offices, will generate capital gains of around EUR1.4 billlion.

Ghost towns appear in Spain as decade-long boom ends

We came to look at apartments but found ghost towns,'' said Usua, a 27-year-old taxi driver. ``You'd need to drive miles for a loaf of bread or cigarettes and my girlfriend found it creepy and unsafe so we turned around and left.''

Spain property fears hamper new share listings

Spanish property firm Realia put in a muted performance on its first day of trade on Wednesday, after lukewarm demand from investors had already forced the company to slash its initial public offering price.

Spain's real estate boom is over

Spain constructed 750,000 houses and apartments last year, more than France and Germany combined, while annual demand runs about 60 percent of that, according to the Finance Ministry.

Spanish real-estate company Realia Business SA slashed the final price for its initial public offering

The demand is weak because investors are wary about Spanish listed property firms, and this is hitting Realia hard," local brokerage Inverseguros said in a research note.

Spain′s economy doing well, but will it last?

Spain's recent growth has been based on a strong surge in domestic demand, especially consumption and residential construction, driven by two factors: the accumulation of debt on the part of families and corporations, as well as increased immigration.

Spain growth more balanced as building boom cools

Spain, Europe's fastest growing major economy, is showing more balanced growth as a near decade-long construction boom gently cools, Bank of Spain and Eonomy Ministry reports said on Thursday.

Spanish Property in 2007 Boom or Bust?

Overseas Property Hub, Nubricks.com, today announces its second Spanish podcast 'Great Spanish Property Debate'. This hour-long show contains information that buyers, sellers and owners of property in Spain all need to hear and forms the next instalment in Nubricks second overseas property podcast series.