Spanish property prices on the Mediterranean coast fall 14.3% in a year
Nationally property prices are back to where they were at the start of 2005 Property prices on the Spanish Mediterranean coast fell by 14.3% in 2008, according to the latest monthly Spanish house price index published by Tinsa, one of Spain’s leading appraisal companies.
Court orders developer of Santa Maria Green Hills to return stage payments
Buyers cannot be forced to complete on properties with an “uncertain future” rules court The Provincial Court in Malaga has dealt a serious blow to developers trying to force buyers to complete on properties with planning irregularities, a common problem in Marbella. The ruling will give hope to many foreign property investors who are trapped [...]
MEPs on “land grab” fact-finding mission to Spain
Developers ridicule British press criticism of Valencia’s “land grab” laws as “a work of fiction”
Expat home owners in Almeria march for property rights
Expat property owners marched through Almeria City on 9 January to protest against town planning disarray and corruption, whilst demanding stronger property rights and access to utilities.
Town halls to get their hands on 8 billion Euros to fight crisis
Spain’s town halls are to be given a key role in fighting Spain’s economic crisis. Prime Minister José Luis Rodríguez Zapatero’s wants them to help him spend 8 billion of the 33 billion Euros his socialist government plans to pump into the economy. Mayors up and down the country will be delighted to help out, [...]
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