News Archive: property markets

10, 2012 May:

Spain's bailout: Have we finally reached the bottom?

The chairman of Spain's third-largest bank, which holds €31.7bn of real estate, resigned this week, prompting speculation that the government will use €10bn to bail out the financial institution. But Spanish banks are also accused of over-valuing the property on their books. With property prices already thought to be lower than the official figures, how low can they go?

04, 2012 May:

Underpass overdue for Marbella property market

June sees the arrival of an underpass long overdue for Marbella's property market.

France is firm favourite for British buyers

France remains a firm favourite for British buyers, according to the Overseas Guides Company, which provides free guides to 15 countries.

03, 2012 May:

Spanish banks are hopeful for investor interest

Spanish banks are hopeful that investors will show strong interest in the real estate portfolios they are selling, as long as the prices are right.

24, 2012 April:

Spanish property beats the blues

The Spanish property market is looking blue but for one village in Andalucia, the opposite is true Júzcar, near Malaga, normally receives 300 tourists per year. Last summer, it agreed to have its traditionally white houses painted blue to celebrate the premiere of Sony's new Smurfs movie. Since then, the homes have stayed the same colour - and 125,000 people have flocked to see the distinctive property.

20, 2012 April:

Spain has enough land for 4 million homes

Spain has enough land approved to build another 4 million homes, according to R. R. De Acuna & Asociados. But with 2 million Spanish homes sitting unsold, the land will certainly not be needed any time soon.

19, 2012 April:

IKEA assembles London village

IKEA has already entered the real estate market with its flatpack US homes, but now the company is assembling something much bigger: a town. Strand East, near London's Olympic Park, will house 6,000 people in an effort to provide affordable accommodation. But bargain-hunting Brits still have their sights set overseas, as research reveals 25% of buyers believe it is cheaper to own a property abroad than in the UK.

16, 2012 April:

Spain is fourth most popular place for rich holiday homes

Spain is the fourth most popular country for rich property buyers looking for second homes, according Knight Frank's latest annual Wealth Report.

05, 2012 April:

Realistic asking prices for Spanish property draw in Scandinavian buyers

It seems that sellers of Spanish property are being a little more realistic when it comes to asking prices according to Spain's largest English language property portal, Kyero.com's Q1 2012 House Price Index.

04, 2012 April:

Murcia makes top 25 in world's best real estate markets

Nestled amongst a bevy of exotic Latin American locations, there was a surprise entry into the World’s Best Real Estate Markets 2012 – Murcia in Spain. Created by the boffs at International Living, the index takes into account value for money, appreciation potential, income potential, costs and ease of buying and believes Murcia has got what it takes to make you money in 2012.

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