Now is the time to buy in Spain
Now is the time to buy a new property in Spain where some prices in resort, village and beach locations are at their lowest for six years but are tipped to rise significantly in future years.
Lanzarote Visitor Numbers Continue To Ri...
Despite the falling pound, failing airlines and the bleak economic outlook British and Irish holiday makers are still reluctant to relinquish their place in the sun. As figures recently released by the Spanish airport authority AENA reveal that foreign visitor numbers to Lanzarote have increased for the year to date. With the British tourist market leading the way.
Distressed Not Depressed
Mark Williams of The Rights Group looks at how property buyers can benefit from a property portfolio in the current conditions.
You Can Profit From Spain?s Distressed P...
A plethora of ?distressed? or BMV (below market value) prospects are being promoted by those real estate agents who are still active in the Spanish market.
Questions and Answers About Buying a Pro...
(Panorama always recommends that purchasers of property in Spain retain a qualified solicitor to represent them and qualified financial advisors to deal with tax issues.)
The Marbella Property Buyer's Guide - A...
The buyer's problem in finding the right property, negotiating its purchase and closing the sale is much more difficult than in one's own country. As in most resort areas, everybody seems to be in the business, from the taxi driver to the hall porter in the Hotel. Property is everyone's favorite subject of conversation. And almost everyone has an opinion, many of which can easily confuse a potential buyer. Where to start?
Alcohol Shortage = No Booze In Bali
To many travellers, one of the biggest pleasures of a holiday is enjoying a few drinks in the evening, (and afternoon, and morning) so visitors to Bali will be horrified to hear that the country is facing an alcohol shortage, which tourism chiefs fear may dent the tourist high season which is so crucial to the Bali economy… The alcohol drought is due to customs officials confiscating thousands of bottles of booze from some of the island’s top hotels, restaurants and bars. But why, I hear you cry? Well, apparently the bottles have counterfeit tax labels meaning they are being illeg...
11m Brits To Emigrate Over Next 2 Years
New research has found that a whopping 11 million Brits are thinking of taking a job overseas within the next two years ? a significant dent in the population ? and a fifth of those would choose a new life down under? Britain is experiencing the greatest exodus of its own nationals in recent history while immigration is at unprecedented levels, new figures show. In 2007, 207,000 British citizens - one every three minutes - left the country and currency specialist Foreign Currency Direct has revealed that one in four working Brits are now looking to abandon their homes in the UK for sunnier cl...
Vintage Jerez Offers Would-Be Hoteliers ...
Plenty of us harbour a secret ambition to do a César Ritz and try our hand at hostelry. Jerez real estate agents, Mercers, have two city centre residences on their books which will allow you to do just that. The first is for those who like to work smart and is ready to go whilst the second is for those who like to work hard and is ready for renovation. Both have enough period flair and exquisite detailing to satisfy even the late ?King of Hoteliers and Hotelier of Kings?. Most famous for being the spiritual home of flamenco, the birthplace of sherry and a centre for Andalucian dancing hor...
New Property Legislation Introduced In C...
Investors concerned about the notorious Cyprus property title deeds issue will be interested to hear that new legislation has been introduced in a bid to clear up years of problems ? however, before you pop the champagne corks ? the new rules will only apply to new purchases, meaning that vast numbers of owners will still be without legal documentation? Thousands of overseas buyers have chased cheap property deals in Cyprus over the last five years, but buyer confidence has taken a knock after some owners found developers were hanging on to title deeds for their property in Cyprus. As so many...
Spain is still on the top list for real ...
Spain has been and still is on the top list of foreigners when it comes to buy a property and/or spend holidays. Not surprising as the country offers a beautiful scenery; white sand beaches and spectacular mountains, fantastic weather, good food, cultural live, and fantastic for sports as golf, water sports as well as winter sports. Not to mention the great infrastructure in roads, airports, offering regular flights to many important cities in Europe. Despite the Spanish property slow down and weakening of the market the Spanish economy is still growing and the unemployment rates are the l...
Real Estate investments in Costa del Sol
Real Estate investment in Costa del Sol is still growing and investments have been crowned with strong revaluation superior to the global yields of stock markets and other financial assets. Inspite of IMF, The Economist and the OECD the real estate investment reaches in some provinces, for example in Málaga, a 20% revaluation. Costa del Sol is a consolidated and solid area comparing to its sister coasts (Costa Blanca, Costa Cálida, etc …). Luxurious hotels located in Marbella and surrounding still constitute a synonymous of exclusivity, luxury and prestige that has been persisting ...
Budget passengers see Málaga fly high
In March, 192,913 cheap flight passengers arrived at Málaga Airport, an increase of 19.9 percent on the previous year, according to figures just released by the Institute of Tourism Studies (IET). In the first tree months of the year, 468,727 passengers arrived in Málaga on budget flights, an increase of just over 16 per cent on the first quarter of 2006. Easyjet uses Málaga Airport as its primary destination in Spain, with the Costa del Sol attracting 22 per cent of its budget travellers. RyanAir and Air Berlin are also important budget airlines for Málaga Airport, which is at present un...
New golf course maintenance plan for La ...
The three 18-hole golf courses, par 3 course and the David Leadbetter Academy will benefit from this new maintenance plan. The consultants have already prepared the plan and its implementation should see improvements to all aspects of the courses within months. Turfgrass Consultancy Ltd is an Irish-based golf course company specialising in the high-end of the market of European golf course development and project management. Managing Director, John Clarking says the new plan will result in improvements in the condition and presentation of the courses at La Cala golf resort. "We will implem...
New TV Channel will be launched in March...
Life as we know it on the Costa del Sol is about to change, and for the better, with the launch in March 07 of the Costa's own TV Channel transmitting 16 hours per day via the Sky Digital network to up to 30 million viewers in the UK and Ireland. Living in Spain TV will be a local community channel depicting life in Spain as it really is, featuring real life stories of many of the million or so expats who have relocated in Spain, most of whom have a story to tell. It will provide a voice for this ever increasing expat community not only throughout Andalusia and Spain but throughout the who...
Coastal property in Spain
The average price of the new house in Spanish coasts reached 2.488 euros by constructed square meter in 2006, which supposes an increase of 11.4% with respect to the previous report, according to Spanish Taxation Office. The most expensive properties, with average prices superior to the 3,000 euros by square meter, are in Barcelona (4,192 euros/m² San Sebastián (3,807 euros/m²), Sitges (3,125 euros/m²) and Casteldefels (3,029 euros/m²). The greater property price increases took place in those areas where the cost by square meter was relatively low. It is the case of Rod...
Police foil drug dealer's Zeppelin esc...
Officers from the National Police force have foiled an Italian drug trafficker's plan to escape from prison in the Canary Islands using a remote-controlled Zeppelin airship. The inmate had a support team outside the prison consisting...
Wrong way driver kills man in oncoming ...
A 40-year-old man died today at the wheel of his car when it was hit by another car driving in the wrong direction down the M-50 in Madrid. According to police and emergency service reports, the accident occurred at 5.30pm on...
Bolivian worker with severed arm claims...
Franns Rilles Melgar, the Bolivian worker who lost his arm in an accident at an industrial bakery in Gandia at the end of May, today initiated a civil and criminal case against his former employers for the injuries he sustained. Rilles...
Unemployment down again in June
Unemployment figures fell in June for the second consecutive month, with 55,250 fewer unemployed than in May (a 1.53% drop). According to the Ministry of Employment and Immigration, there are currently 3,564,889 unemployed in...
Parents jailed for sexually abusing the...
The Provincial Court in Palma de Mallorca has condemned a couple from the Mallorcan town of Llucmajor to a total of 52 years in prison for sexually abusing their own three children when they were aged between six and 12 years, between 2000...
18 million 'swine flu' vaccines on or...
Health Minister, Trinidad Jiménez, announced today that she had pre-ordered 18 million doses of the vaccine against AH1N1 virus, which would protect approximately 40% of the population. An agreement has been signed between...
Britons face 13 years in jail for dragg...
The family of the 17-year-old who died after being dragged along under a car for more than two kilometres between Alfaz de Pi and La Nucia, are accusing the British couple who were driving the car of getting out of the car, untangling the...
Drivers to get two extra points on thei...
Almost 21 million drivers, eight out of ten of all those currently holding a driving licence, will receive an extra two points today as a bonus for not having lost any points since the points system was introduced three years ago. The...
Last surviving Spaniard goes out of Wim...
Spain's Juan Carlos Ferrero went out of the Wimbledon singles championship today as Britain's Andy Murray broke new ground to reach the semi-finals for the first time. The former French Open champion and the last Spaniard in the...
Nine-year-old fatally electrocuted in p...
A nine-year-old child has died as a result of being electrocuted whilst handling an inflatable paddling pool in Sabadell, Barcelona. The incident occurred last night at the child's home, and both the child's mother and...