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Category: myVIVA Property (box 1) (191 articles)

Approval of Spanish mortgages up 7.3% year-on-year

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These days, Spanish banks and finance houses are undoubtedly much more willing to approve mortgages than they used to be.

For those thinking of buying a home in Spain, 2016 certainly looks like being a good year, and to that end national daily El País was prompted to run an article on the subject of mortgages – and how to choose the best deals – earlier this month…

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Author: 01/02/2016 [0] Comments 

Spanish property transactions increase for 18th month in a row

The Spanish property market has enjoyed 18 months of sustained growth as prices, mortgages and number of buyers all increase

For the 18th month in a row, the number of homes sold in Spain has grown, according to new data published this week by the country’s General Council of Notaries.

This sustained recovery of the housing market is great news for would-be investors and current homeowners, bringing with it steady price increases, growing market confidence and greater interest from many different buying groups…

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Author: 27/01/2016 [0] Comments 

Three ways to gain in Spain 2016

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2016 is shaping up to be a great year for Spain, economically, socially, and in terms of its global image… why not be a part of it?

All of the evidence – be it from economists, real estate experts or tourism websites – appears to suggest that 2016 could well be Spain’s year.

But while GDP increases, record overnight stays and various percentage-point increases in property transactions are all well and good, what does it all mean to the average sun-seeking, home-hunting Brit hoping to enjoy their own small slice of Spain’s good fortune?

Well, whether you are interested in a sunshine summer getaway, a savvy investment or a change of lifestyle, here are three ways to take advantage of Spain’s expected upturn in 2016…

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Author: 26/01/2016 [0] Comments 

Success of Spain real estate market eats away at 'distressed' property mountain

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Last year represented a high point for distressed property sales in Spain, with 2016 to be the year that the mountain of bad-loan properties erodes.

The number of distressed properties up for sale in Spain is set to fall this year as the mountain of ‘bad loans’ built up during the recent recession begins to collapse.

Across Europe, sales of repossessed homes will reach around €70 billion in 2016, down from €93.5 billion last year, which was the peak of the distressed property crisis…

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Author: 19/01/2016 [0] Comments 

From traditional Andalusian… to contemporary industrial chic

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“We’re absolutely delighted with the result, it’s all worked out brilliantly!”

When Renate and Daan Kranenburg bought their 6-bedroom villa at Mijas Golf in 2014, “It was like an adventure. It was the first time we had bought a property overseas, so we didn’t quite know what to expect or how things would turn out. But we’ve lived in various different European countries, so the prospect of buying a house in Spain – and extensively remodelling it both inside and out – didn’t really faze us. It was exciting…

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Author: 15/01/2016 [1] Comment 

Spanish homes offer best value in Europe – report

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The OECD map shows how Spanish property is among the best value in the developed world.

A new metric of measuring property values devised by the Organisation for Economic Development (OECD) has found that homes in Spain represent some of the best value in Europe

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Author: 07/01/2016 [0] Comments 

Even the Aussies begin eyeing Spanish property

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Everybody needs good neighbours, so could yours soon be Australian?

Plenty of regions and countries around the world like to lay claim to the fact that they are, in fact, ‘God’s Own Country’.

Be it a proud Yorkshireman, a teary Irishman marooned in a bar in Thailand, a flag-waving American keen on telling anybody who will listen why they hail from the Greatest Country on Earth, or even the quiet German, politely experiencing other cultures but silently ranking each as that-little-bit-inferior to their own.

Such nationalistic pride is understandable, and actually quite useful. The world is learning to embrace difference, but the flipside to that is a growing sense of remembering where you came from.

Australians are a great example of this…

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Author: 21/12/2015 [0] Comments 

Number of British buyers in Spain rises 26% in a year

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The number of Brits buying in Spain has increased by 26% this year compared to sales in 2014.

A number of estate agents operating in the Spanish property market have reported that the volume of Britons buying in the country has risen by around 25% since 2014.

Furthermore, figures from sources across the real estate spectrum confirm that the recovery of the Spanish property market is in full swing across most regions, with Lucas Fox International and Engel & Volkers confirming that confidence is high among both foreign and national buyers

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Author: 16/12/2015 [0] Comments 

2016 set to be another great year for Spanish property

Spanish property prices have stabilised and are set to rise by around 1.15% this year

With 400,000 homes sold this year, 2015 was a good year for Spanish property… and 2016 promises to be even better.

Next year will see the Spanish property market continue the recovery seen throughout the course of 2015, according to data and analysis by appraisal company Tinsa.

Price rises are expected pretty much nationwide in 2016, with Tinsa data showing that average prices rose by 1.9% in November compared to a year prior…

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Author: 15/12/2015 [0] Comments 

Spain now sixth-largest property investment market in the world

The strong pound should tempt British buyers, but the 110% mortgages should be avoided.

The lure of Spanish property is strong, with the market growing to the 6th largest in the world this year.

The property market in Spain is now the world’s sixth-largest in terms of transaction volume, according to recent data compiled by consultancy firm CBRE.

Spain’s property market languished in 16th and 11th positions respectively in 2013 and 2014, but has shot up to sixth place this year on the back of impressive growth that has been consistent throughout the year and spread across many parts of the country…

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Author: 14/12/2015 [0] Comments 
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