Friday, 21 May, 2010 will go down in history not only as a watershed in terms of Marbella’s future development and planned expansion, but by association actually that of the entire Costa de Sol, because for the first time since 1986, the resort finally has an official blueprint defining town planning regulations for the next [...]
Unsold holiday homes in Spain’s most popular coastal regions account for 61% of the one million empty properties in the country, according to figures released this week by Spain’s Ministry of Housing.
In 2009 there was a 12% increase in the number of newly-built homes that remained in search of a buyer, totalling 688,044. When you [...]
Prime Minister Zapatero announced today a budget plan aimed at tackling Spain’s economic worries in an effort to ward off the woes currently afflicting Greece. As a fellow member of the eurozone, Spain is susceptible to the economic fluctuations of all zone members and, despite the country boasting the fourth-largest economy in the EU, has [...]
Andalucía’s government declared last week that many of the thousands of properties that have been retrospectively judged to have been illegally built could be demolished shortly, with a mere one month’s notice for the beleaguered property owners, many of whom are British.
These ‘fast-track’ demolitions are part of Spain’s concerted and collective governmental efforts to crack [...]
Following on the heels of last Friday’s encouraging news that – according to the Bank of Spain – after 18 long months of setbacks the country has officially climbed out of recession with the economy growing during the first quarter of the year by 0.1 per cent… more good news has been released today by [...]
Spain’s leading daily newspaper – El País – reported on Sunday that the number of unemployed people in the country fell for the first time in eight months last week by approximately 24,000. However, this report was at odds with figures published by the national statistics institute (INE), which revealed that unemployment had risen to [...]
In addition to dodgy credit, Bjork and an extended career for Kerry Katona (although I think that’s a different Iceland), Iceland is now giving us international travel turmoil in the form of a rather unprecedented ash cloud. The billowing dusts of molten volcanic rock currently wafting its way from the Eyjafjallajokull Volcano is sitting at [...]
Everybody’s favourite airline, Ryanair, are set to increase their already unpopular charges by as much as 70% over the summer – hang on, isn’t that the busiest time of the whole year?!
The charges, for practically everything you can think of, are now by and large way more expensive than their “no-frills” competitors.
All pretty cheeky when [...]
The governor of Spain’s Central Bank, Miguel Ángel Fernández Ordóñez, stated today that the country should seek ways to tackle its uniquely high levels of unemployment by making changes to its generous benefits for workers who have their ‘indefinido’ contracts prematurely terminated.
The country’s ‘very Spanish problem of high employment’ (in the words of Ordóñez) is [...]
I note with interest that UK overseas mortgage specialists Conti have just announced an upturn in business – significant increases in numbers of both applications and conversions.
It appears that British buyers are starting to be tempted by the mixture of historically low interest rates and a possible bottoming out of house prices in countries that have typically been hotspots for [...]
The VIVA ViewAnybody from our organisation with a point of view |
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CarolynEditor of HOT Properties - always with an ear to the ground |
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AndyTopical, political and sometimes downright grumpy |
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IanHome thoughts from abroad - our man back in the UK |
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