British owners in Almeria make some progress defending their homes from demolition
The British community in Almeria, many of whom own homes declared illegal, are starting to make progress in their campaign to defend their homes from demolition, reports Spain’s leading newspaper El Pais.
Developers of illegal homes in Marbella have fines reduced by 75pc
The town council of Marbella has slashed the fine that developers will have to pay for legalising homes they built in contravention of planning permission, bringing the end of Marbella’s town planning chaos a step closer.
8,000 young adults asked to return housing benefits
The Spanish government is asking as many as 8,000 young adults to return their means-tested housing benefits after they were paid by mistake.
Property valuations down 41pc in 3 years
In yet another sign of continued weakness in the Spanish property market, the number of property appraisals carried out last year fell 4%, according to a new report from the Bank of Spain.
Supply of properties under 200,000 Euros explodes in Barcelona and Madrid
Flat for sale for 127,000 Euros in Barcelona Gothic Quarter, asking price reduced by 24% (see details at Idealista.com) The supply in Barcelona and Madrid of properties for sale under 200,000 Euros has exploded in the last year as vendors drop their prices, reveals new research from Spanish property portal Idealista.com.
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