Real estate sector won’t recover until mid-2011 says Bank of Spain
Back in 2007, Spain was partying like it was 1999 on the back of a real estate bubble. After the fiesta came the hangover, which the Bank of Spain (BoS) now says will keep the real estate sector in recession until mid-2011 at least.
Spanish property market expands 17pc in April
The number of homes sold in April, excluding social housing, rose by 16.8% compared to the same month last year, according to the latest figures from the National Institute of Statistics (INE).
House prices fall 1.2pc in Q1 according to official index
Spain’s official house price index shows prices falling 1.2 over 3 months to the end of March, and by just 2.9% over 12 months, which doesn’t sound too bad. The only question is, what have the técnicos down at the National Institute of Statistics been smoking?
Owners furious about construction quality of Torre Lugano skyscraper in Benidorm
Owners of flats in the Torre Lugano – Benidorm’s second highest skyscraper – are taking the promoter to court for 28 million Euros over construction faults in the new building.
Ask a Lawyer – My tenant is not paying the rent, what can I do?
My tenant is not paying the rent, what can I do? I have been advised that now the eviction process is faster in Spain and I can get back the property in weeks, is this correct? More
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