Zarra, British colony town in Valencia, has plans for nuclear waste site
Zarra, the Valencian town with the highest proportion of British residents, is divided over plans for a temporary storage facility for Spain’s nuclear waste. Zarra’s British residents, already struggling with an illegal building scandal, are staying mum on the issue.
Costa Blanca property owners hit by massive hike in local rates
Property owners in parts of the Costa Blanca are facing massive hikes in their local rates, reveals a recent article in the Costa Blanca’s English-language news paper Round Town News (RTN). This is not the first time expat owners have seen their rates more than double overnight. Taxes on property owners have been going up [...]
The fibs that property buyers need to look out for in Spain
Vendors always went to talk up benefits whilst reducing perceived costs, but telling lies is another matter. In a country like Spain, where the information you get from estate agents is patchy at best, buyers often find that the property or plot size ain’t half as big as advertised. Here are some other common fibs [...]
Tinsa property price index down 5pc over 12 months to January
Spanish property prices fell by 5.5% over 12 months to the end of January, according to the property price index published monthly by Tinsa, one of Spain’s leading appraisal companies. That’s a slight improvement on the -6.6% last month, and confirms a general trend towards smaller price declines. At this rate prices will be stable [...]
Spanish property market shrinks 27pc in 2009
They thought 2008 was bad, but last year was a veritable annus horribilis for the Spanish property market. Can 2010 be any worse?
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