Are lower interest rates a trap for property buyers?
I often read that now is a great time to buy property because interest rates are so low. But are low interest rates really such a good thing for buyers?
Construction completions down 34pc
The rate at which new homes are finished is starting to fall, relieving one source of pressure on the Spanish property market. There were 261,849 construction completions in the first seven months of the year, 34% less than the same period last year, according to figures from the Ministry of Development.
Latest Euribor and Spanish mortgage news
A summary of the most important news on Spanish mortgages and interest rates.
Great investment opportunity from developer of Desert Springs golf resort in Almeria
Publicity Bespoke holiday homes are available with a design-and-build service and discounted golf club membership A new property investment and development opportunity is offered for the first time by the developer of Desert Springs, Europe’s only international award-winning luxury family resort and championship desert golf course in the Almanzora region of Almeria in south-east Spain.
Banks bring property market to life with bargains
Whilst some argue it is still too soon to call the bottom of the Spanish property market (see previous article), others say the market is coming back to life because banks are dumping their stocks of property with big discounts.
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