Spanish property market still at lowest level in 4 years, despite better November
After a truly dismal October, the Spanish property market did slightly better in November, with sales up 20pc on a monthly basis. Compared to 12 months ago, however, sales were down 8.6pc.
British couple sentenced to prison in Spain for illegal home in Andalucia
An article today at the mailonline tells the story of a retired British couple in Torrox, on the Costa del Sol in Andalucia, who have been sentenced to 8 months in prison for flaunting Spanish planning laws and ordered to demolish their illegally-built house. Judging by the comments at the bottom of the article, they [...]
Talk of Formula 1 for Mallorca is good news for the Island’s property market
Mallorca appears to be having more than it’s fair share of action this year. This beautiful Balearic Island is already to be used at both the start and finish of the Global Ocean Race 2011 – 2012. Publicity
Reports from the front-line make happier reading than recent headlines
“Thanks for all the depressing news” was the understandably sarcastic message one reader sent me after the last news bulletin, which contained nothing but unremittingly bleak news from the Spanish property market.
Housing starts on Costa Blanca collapse to levels not seen since the 1960s
The feeble state of the property market on the Costa Blanca has driven new home building down to levels last seen in the 60s or even before, reports the Spanish press.
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