Taylor Wimpey launch town-houses in Alenda Golf, Alicante, from €189,000

Monthly mortgage payments rise for first time in almost 2 years

A summary of the Latest Euribor and Spanish mortgage news

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.

Residential rents up 1pc in July

Rents are rising and prices are falling, so yields are improving for landlords.

Tinsa Spanish property price index down 4.3pc

Average Spanish property prices fell 4.3% over 12 months to the end of July, according to Tinsa, one of Spain’s leading property appraisal companies.

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