British still keen to buy property abroad finds new survey from Primelocation
Results for the 2009 International Survey conducted by primelocation.com show that 70% of visitors to primelocation.com/international-property are actively looking to buy an overseas property, despite the current economic uncertainty. Of all respondents, 28% said that they are unaffected by the current economic situation, 22% who had delayed their plans because of the economic climate are [...]
Holiday rental prices down 10pc in coastal areas
Renting a holiday apartment this August on the beach in Spain will work on 10% cheaper on average than last year, according to data from real estate consultants Tecnitasa.
Bearish report on Spanish property from leading research firm
A research firm with a reputation for bullish reports on the Spanish property market has gone decidedly bearish in its latest report. Having been optimistic about the market’s prospects in recent years, Asesores Financieros Internacionales (AFI), one of Spain’s best known financial research firms, now forecasts that property prices will fall 30% by 2011, and [...]
Invitation to view property at Sotogrande, Europe’s leading residential & sporting estate
PUBLICITY Sotogrande, the world’s finest residential development and sporting estate, has teamed up with international estate agents Savills to offer an exclusive package for viewing property in Sotogrande this summer.
Euribor falls to 1.61pc in June
Euribor (12 months), the interest rate normally used to calculate mortgage payments in Spain, fell to an all time record low of 1.61% in June, down from the previous record low of 1.64% in May. This will bring relief to borrowers on annually resetting mortgages.
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