Golf developments not just for golfers
Publicity
For many house hunters searching for a place in the sun, the thought of purchasing a home on a golf course may never have occurred to them if they are not an avid golf player. However, with the benefits that these types of developments bring to home owners, it may well be time to [...]
Residential planning approvals in free fall
On the back of some unreliable price and transaction data suggesting that the worst is behind us there has been some talk lately in the Spanish press about the housing market finding its bottom. But the latest figures for planning approvals show that, for the residential construction sector at least, there is still plenty of [...]
Bank of Spain to double provisions in move that may drive property prices down
The Bank of Spain plans to introduce a new rule forcing banks and savings banks (cajas) to double the amount they write off when they own a repossessed property for a year or longer. This will give banks and cajas a big incentive to reduce their prices to liquidate their growing stock of repossessed properties [...]
New report forecasts rising glut and falling prices
Rising supply coupled with weak demand will continue to drive down Spanish property prices says a new report on the Spanish property sector by DBK, a business consultancy.
Environment sacrificed to urban development say experts
Spain has done a poor job of developing its coastline over the last 30 years, most reasonable people would agree. Over-development dominates in many areas, creating a “wall of cement” effect that puts off an increasing number of holiday makers and potential holiday home buyers. You could say that, in many areas, the environment has [...]
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