Potential Spanish bargains highlighted

Prospective investors have been urged to look at the availability of resales on the Spanish market. Homes Worldwide said that many apartment owners were having difficulty selling their properties quickly, potentially creating bargains for overseas investors.
The website recommended that people carry out research on different areas to see if any bargains were available. It added that some of the resales could be going at a cheaper price than some new properties.

Spain Property - Are you a number cruncher?

For properties in Spain the latter area of research has been made easy by the largest English language Spanish property portal kyero.com that lists 90,000 properties across Spain and produces a Spanish House Price Index with unbiased quarterly statistics on average prices of properties for sale. Delving further into statistical research, it won’t take you too long to uncover the MVIV, Spanish Ministry of Housing (mviv.es), who produce statistics formulated from Spanish property sales across all provinces.

Majorca Properties Due For 2007 Sunset

Real estate in Mallorca has been popular for several decades now, with many Europeans who have holidayed on the Spanish island deciding to buy a second home for holidays, a business, or for retirement. Prices have risen on the island as buyers - mainly British and German - have moved in, but there are mixed signals coming from the property and tourist sectors, which could see a freeze in Majorca property inflation, and possibly even a dip in prices in the near future. With the increase in visitor numbers, property demand should in theory be good.

Spanish developer sinks with the cooling housing market

From the looks of things at the newly built Aparta Hotel Residencia, you would never know that it was the high summer tourist season in Canet d'En Berenguer, a town of 5,000 just north of Valencia on the Mediterranean coast to Spain. The 308 apartments in the compound, completed this spring, are all unoccupied. Grass has started to sprout between the red terra-cotta tiles that lead to the empty, peanut-shaped swimming pool.
The residence is just one of a trail of buildings dotting the sandy coastline that were constructed by Enrique Bañuelos as he amassed a fortune of more than €4 billion, or $5.4 billion, over the past 15 years. Bañuelos lost much of that money - and that of shareholders - as the stock market punished the firm he had founded, Astroc Mediterraneo, as the housing market in Spain cooled rapidly.

Development boosting Valencia property market

The Spanish resort of Valencia is enjoying strong popularity as it quickly develops into a major holiday destination, claims a real estate company. Valencia Property believe that ongoing work to improve the city's infrastructure as well as the expansion of low-cost flights to the region are helping to ensure booming property values, increased rental yields and a healthy tourist industry.

Property Prices in Barcelona at an All Time Low

After ten years of rapid but steady growth, property prices in Barcelona are lower than they were at the beginning of the year. Does this indicate a dramatic market crash, or just a sign of settling down? Research into the second quarter of 2007, conducted by Spanish property information portal Idealista, reveals that the price of property in Barcelona city and it's surrounding municipalities have dropped by an average of 1.3%.
The report, The Quarterly Evolution of Resale Home Prices, details the findings of a survey sample of 10,689 homes in Barcelona, roughly half of which are located in the city centre, with the other half located in 21 surrounding municipalities of the city. The analysis was conducted on a mixture of private sale figures and those reported by real estate professionals.

Spain Property Sale Market Still Very Strong

From the recent past until now many property investors may have thought that property for sale in Spain is not a good idea and that they should look elsewhere for good property investment. However, the research and certain happenings show that Spanish properties are still very strong and attractive investment for property investors.
There may have been a real estate and property market correction in Spain after the real estate boom, but now again Spanish properties are in high demand, promising and again could be the next great real estate investment on the Mediterranean coast.

Spain still best choice for investors

A study conducted by GE Money, discovered that the majority of 100 mortgage brokers still believe that Spain offers the best value for money in the long-run, reports property specialists propertyinspain.net.

Developers plan new Spanish golf resort

Plans to build a new golf course and 2,000 homes are underway in La Alpujarra in Spain.
The region's Olive Press newspaper has quoted a local councillor, who claimed to have seen the urban extension plan. Real estate companies are also reported to be advertising property in the area in land around the town, mentioning the future development of the golf course. Almost one million square metres of land will be used for the construction of new property, according to Spain Real Estate.

Valencia property has the winning formula

It has the same prized combination of a beautiful old town and beaches. It also has some fantastic modern architecture: Santiago Calatrava's City of Arts and Sciences rises spectacularly from the dry river bed that dissects the city, much of it an exotically landscaped park that gives the impression of abundant greenery.

And like Barcelona, post Olympics, Valencia is only now starting to realise the value of its waterfront. The port will soon have new restaurants, hotels, cinemas and leisure facilities, new tram and metro stops are springing up, and the detached seafront district of Cabanyal will be linked to the centre by an extension of the main Avenida Blasco down to the sea.

Marbella rocked by vast property corruption scandal

Spain, no stranger to shady dealings, has been stunned and shamed as the former planning supremo of Marbella, the Costa del Sol's playground for the super-rich, faces trial for the country's most spectacular corruption scandal. Eighty-six members of Marbella's power elite, including two former mayors, are accused of embezzlement on an unprecedented scale. The alleged mastermind was Juan Antonio Roca, accused of taking backhanders from builders and bribing councillors to rubber-stamp illicit property developments. Police seized nearly ¿1m in cash at the home of his lawyer.

Buying Property On The Costa Blanca, Spain

Sunny Spain has long been a great place to own your little piece of heaven, the clean environment and relaxed atmosphere makes it a great place to live in or put up a vacation home. With the property prices in Spain especially along its tourist resorts rising over the last decade, buying a property in Spain has never been more desirable than it is now.
One of the most sought after real estate properties available is Costa Blanca property. Costa Blanca possesses some of the best beaches in Spain. It is bounded by Denia and Javea in north, and Guardamar and Torrevieja in the south. The palm tree capital of the world, Elche, is also located inside Costa Blanca.

Spain's Buy To Let Boom

Figures from the Foreign Office show that between April 2005 and March 2006, Spain was the most popular destination for British holidaymakers, with almost 14 million people travelling there.

France came second (11 million) followed by Ireland (4.2 million), America (four million), Italy (3.4 million).

The figures come as further proof that the Spanish property bubble has not burst, and will boost investment in Spain's buy-toilet property market as investors look to cash in on this popularity.

Spain's popularity is based on proximity to the UK, ease of access, cheap air fares, the weather and the advanced tourist infrastructure.

Spain PM Zapatero: Economy, Real-Estate Sector Are "Solid"

MADRID -(Dow Jones)- Spanish Prime Minister Jose Luis Rodriguez Zapatero said Friday the country's real-estate industry is slowing down but that its fundamentals and economy as a whole remain solid.

At a meeting with journalists, Zapatero was answering a question about whether he was worried about the economic impact of recent volatility in the financial markets.

Buying Property in Spain

Every year many thousands of properties in Spain are sold to foreign investors. What is the attraction? Firstly the country has a great climate and that is particularly appealing to those people living under the grey skies of northern Europe. Getting there is both quick and relatively cheap. A flight from London in the United Kingdom to Malaga on the south coast of Spain takes only a little over two hours. It is possible to get some very cheap flights with either one of the well known budget airlines or by picking up a spare seat on one of the hundreds of charters that fly to Spain every day.

There is a wide selection of property to choose from both in type and numbers. Consideration of the following points will help to narrow the search. Size of the property, the garden and the number of rooms required. People planning to emigrate with children should check out what schooling is available locally. Consider the local health & social services. Choose between a built up area or open countryside. How near is the beach, a town, the shops, the bars and restaurants, public transport, its frequency and what time does it stop in the evening?