Homes still 50pc over-priced in Spain says The Economist, but don’t you believe it

Posted on July 12, 2010 by Mark
Filed Under Property prices | 4 Comments

Econmist global house price survey

Official Spanish property prices are still more than 50% too high, says The Economist magazine. But if official statistics can’t be trusted, neither can this conclusion. Read more

Spanish parliament to debate infamous Ley de Costas, or Coastal Law

Posted on July 9, 2010 by Mark
Filed Under Ley de Costas - Coastal Law | Leave a Comment

The Ley de Costas has failed to protect the coast

The Ley de Costas has failed to protect the coast

Spanish parliamentarians will debate the infamous Ley de Costas, the bane of many holiday-home owners, for the first time since it was introduced in 1988. Read more

Zapatero rejects Mugabe comparison on Spanish land grab

Posted on July 8, 2010 by Spanish Property News
Filed Under Problems & scandals | Leave a Comment

Spanish developers de-capitalised by shareholders during boom

Posted on July 7, 2010 by Mark
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The owners of many of Spain’s developers used the boom to load their companies with debt whilst taking out capital, suggests a new report from the Spanish Savings Banks Foundation FUNCAS. That left developers ill-prepared for the downturn, which is turning out more severe as a result. Read more

Asking prices still 20pc too high say 84pc of house-hunters in Spain

Posted on July 5, 2010 by Mark
Filed Under Property prices | 1 Comment

Asking prices are still between 10% and 20% too high, reveals a new survey of house-hunters carried out in March by the Foundation of Savings Banks (FUNCAS). Read more

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