Here we go……………a link to all the articles on the property market in Spain for the months of March and April 2017. There is a brief summary from me. You can sift through and decide what it worth reading. Hopefully this will keep you informed as well as save you time.
Weak pound melts the British dream of a place in the sun 29th April 2017 https://www.theguardian.com/money/2017/apr/28/spanish-property-market-weak-pound-melts-british-dream-place-in-sun The main message in this article is that demand from Britons has fallen by about 30% by comparison to this tme last year because of the weak pound.
Why the sun is still shining on Spanish real estate 29th April 2017 http://bridgingandcommercial.co.uk/article-desc-11867_Why%20the%20sun%20is%20still%20shining%20in%20Spanish%20real%20estate Informative article on the lending market comparing practices in Spain and the UK. Interesting for anyone looking to raise a mortgage.
Market conditions creating an opportune time to invest in the Spanish property market 29th April 2017 http://www.einnews.com/pr_news/377159809/market-conditions-creating-an-opportune-time-to-invest-in-the-spanish-property-market Main message of the article is that the Spanish property market grew by 16% in 2016 which is good news.
Spain’s “golden visa” scheme brings in €2.16 billion in first three years 25th April 2017 http://elpais.com/elpais/2017/04/24/inenglish/1493019207_929786.html An interesting report on the golden visa scheme which is where you get a residency permite for you and your family if you invest over 500€k. Apparently some 27,300 people have taken up the scheme since 2013 investing 2.16€bn mainly Russians and Chinese.
What the UK General Election means for the Gibraltar property market 20th April 2017 http://chronicle.gi/2017/04/13166/ The article basically says the election hasn’t affected the property market in Gibraltar and then explains why.
Protecting property owners in Spain 20th April 2017 https://www.euroweeklynews.com/3.0.15/properties-in-spain-sale-real-estate-spain/144165-protecting-property-owners-in-spain Very short article reporting that new mortgage laws in Spain are protecting the vulnerable from eviction but that thy don’t go far enough.
Luxury Property on the Costa del Sol 19th April 2017 http://www.einnews.com/pr_news/376587728/luxury-property-on-the-costa-del-sol The article says sales transactions rose 31% in 2016 which is an important figure.
Rising Property Sales are Leading to a Fragile increase in Construction in Spain http://murciatoday.com/rising-property-sales-are-leading-to-only-a-fragile-increase-in-construction-in-spain_121106-a.html Very good article with sober analysis and commentary on the current state of the market and key indicators.
How not to sell a €12.5m villa (or any other property for that matter)15th April 2017 https://www.estateagenttoday.co.uk/features/2017/4/how-not-to-sell-a-12-5m-villa-or-any-other-property-for-that-matter Humorous article that tells the story of an incompetent estate agent selling high end property in Marbella.
Recovery continues in the Spanish property market, bubble fears ruled out 15th April 2017 http://www.propertywire.com/news/europe/recovery-continues-spanish-property-market-bubble-fears-ruled/ Sober article reporting on steady growth in the market and qoting lots of statistics.
Irish and Spanish recoveries took rather different routes 14th April 2017 http://www.irishtimes.com/business/economy/irish-and-spanish-recoveries-took-rather-different-routes-1.3047376 Article compares the Spanish and Irish economic crash and recovery.
Barcelona Takes Lead in Spanish Home-Price Rebound: 12th April https://www.bloomberg.com/news/articles/2017-04-11/barcelona-takes-lead-in-spanish-home-price-rebound-chart This is s chart showing that house prices rose in Barcelona a staggering 19% in the first quarter.
Murcia property market recovers slowly but surely say BBVA 4th April http://murciatoday.com/murcia-property-market-recovers-slowly-but-surely-say-bbva_34836-a.html The article states the the property market in the region of Murcia is recovering but not as much as other regions
Leading bank expects further 2.5% rise in Spanish property prices this year 3rd April http://www.yourviva.com/blog/2017/04/03/leading-bank-expects-further-2-5-rise-in-spanish-property-prices-this-year/ Article suggests the domestic market inSpain is also beginning to recover.
Property in Murcia after Article 50: reasons to be cheerful after Brexit 31st March http://murciatoday.com/property-in-murcia-after-article-50-reasons-to-be-cheerful-after-brexit_34801-a.html This is an valiante attempt at putting a positive spin on Brexit
Property mortgage lending in Spain reached 5-year high in January 29th March http://murciatoday.com/tinsa-report-2-per-cent-spanish-property-price-increase-in-april_120682-a.html Interesting statistics in this article such as building licences and supply of property on internet portals. All are up.
Spain sees a sharp rise in residential property sales 22nd March https://www.propertyinvestortoday.co.uk/breaking-news/2017/3/spain-sees-a-sharp-rise-in-residential-property-sales Market activity is up.
Brexit to have little effect on Spanish housing market:expert 21st March http://famagusta-gazette.com/brexit-to-have-little-effect-on-spanish-housing-marketexpert-p39215-69.htm Article says Brexit wont affect the overall market because the Brits who used to account for 30-40% of the market now only account for 10-15% of the market.
How to get back money lost on Spanish property 16th March https://www.aplaceinthesun.com/articles/2017/03/how-to-get-back-money-lost-on-spanish-property Useful article for people who lost their deposit when buying off plan (with a bank guarantee) in the boom years.
“The Yield On ‘Prime’ Office Property In Madrid Has Fallen From 5.5% To 3.5%. Valuations Should … 13th March http://thecorner.eu/spain-economy/yield-prime-office-property-fallen-valuations-rise/62629/ Interesting interview with Eduardo Fernández-Cuesta RICS 3.5% seems very low to me. Very interesting!
Best Places to Buy in 2017 – Spain 11th March https://www.aplaceinthesun.com/articles/2017/03/best-places-to-buy-in-2017-spain Article says Spain is one of the best places (in the sun) to buy property.
Spain: Investment hotspot 4th March https://www.euroweeklynews.com/3.0.15/properties-in-spain-sale-real-estate-spain/143673-spain-investment-hotspot Postive opinion from a leading accountancy firm on Spain as an investment location.