Bright - News: Real Estate and Investment
Listed below are all news items related to the Real Estate and Investment category:
More than 300 buyers refuse to sign for Marbella flats for fear they may be illegal
Héctor Barbotta / SUR in English
The licences for two developments in Elviria Sur are under inspection
The majority of the buyers are British residential tourists and investors
December 28, 2006 | Read more... | Category: Real Estate and Investment
Public notaries obliged to state form of home-purchase payments to prevent money-laundering
Ignacio Lillo / SUR IN English
Quantities of money paid in advance must also feature on the document signed by the public notary
The Law for the Prevention of Fiscal Fraud demands the computerisation of all house registering
December 28, 2006 | Read more... | Category: Real Estate and Investment
The Junta to scrutinise all building licences granted in Marbella since 1991
ANTONIO MONTILLA / SUR in English
The Public Works delegate will not say how many houses will have to be demolished
The Partido Popular demands that the Andalusian Government compensate owners
December 28, 2006 | Read more... | Category: Real Estate and Investment
Properties purchased as investments are saturating the real estate market
Almudena Nogués / SUR in English
Speculators are anxious to sell quickly,given that prices are not likely to continue rising
They warn that excess supply is beginning to slow sales, which are now taking three times longer to finalise
November 13, 2006 | Read more... | Category: Real Estate and Investment
Inland real estate firms investigated for selling illegal country properties
Pilar R. Quirós | Sur in English
Agencies allegedly offer houses for sale without checking the paperwork. Seprona will take all cases of illegal construction on country land to court.
September 5, 2006 | Read more... | Category: Real Estate and Investment
Real estate firm charged with swindling property buyers
M. J. Cruzado / SUR
A judge in Malaga has charged the owners of the development and real estate company Aifos. J.R.C. and his wife, M.T.M., with fraud after 16 clients reported that their contracts had not been respected.
According to a judicial decree dated February 27th, “there are sufficient reasons for considering that this is a case of a crime of fraud”, as this couple “sold to third parties, via different companies, numerous properties allegedly under construction when they did not even have the municipal licence to start building work, and this formed part of a pre-conceived plan to obtain capital illicitly”.
March 18, 2006 | Read more... | Category: Real Estate and Investment
'Slowdown' as Spanish property rises 12%
Kevin Barnett / Spanish Property News
Property growth forecasts by leading Spanish banks were spot-on at 12 per cent for last year and they are forecasting the same again for 2006.
March 18, 2006 | Read more... | Category: Real Estate and Investment
Spanish property market remains healthy
Assetz
The latest statistics from the Spanish government reaffirm the fact that property investment in Spain remains one of the most sensible options for UK residents looking to enter a foreign property market.
March 18, 2006 | Read more... | Category: Real Estate and Investment
Fall in property sales in the province of Malaga leads to rise in rentals
Almudena Nogúés / SUR in English
Around 1,400 new estate agencies had opened in the last two years but some of them have already closed. It takes three times as long to sell as a few months ago.
February 28, 2006 | Read more... | Category: Real Estate and Investment
Distressed sales on the Costas
Mark Stucklin / News provided by Spanish Property Insight
It's a buyers' market on the Costas - with a glut of off-plan investors desperate to sell before having to complete. Prices are plummeting, so is it time to go bargain-hunting?
Read NewsJanuary 25, 2006 | Read more... | Category: Building and construction news
Spanish Property News Roundup Decemeber to January
Mark Stucklin / News provided by Spanish Property Insight
Here is a the monthly round up for all the related news to Spain´s proprety market. If you need further information then visit Mark´s site.
January 10, 2006 | Read more... | Category: Building and construction news
Spanish Property News Roundup November to December
Mark Stucklin / News provided by Spanish Property Insight
Here is a the monthly round up for all the related news to Spain´s proprety market. If you need further information then visit Mark´s site.
November 8, 2005 | Read more... | Category: Building and construction news
Supply and demand in the property sector
Offer and demand decide the price. What is the present supply of dwellings in Spain, and what is the demand, on the internal and international market?
By / FIPE
October 22, 2005 | Read more... | Category: Real Estate and Investment
Land grab law faces the axe
Valencia’s hated LRAU ‘land-grab law’ has its days numbered after eight years of controversy.
The CB Friday
September 30, 2005 | Read more... | Category: Town & Country Planning
White lies, black money
Chris Wilson / Expat Telegraph
The recently installed socialist government has decided to get tough on tax cheats and money launderers and the booming property market is a number one target.
Read News...
September 9, 2005 | Read more... | Category: Real Estate and Investment
House price inflation slows to near zero
Chris Giles Economics Editor / Financial Times
House prices in England and Wales fell for the sixth month in a row in August, according to the FT house price index, the most reliable guide to the prices achieved by sellers in the property market, published on Friday. Read News...
September 9, 2005 | Read more... | Category: Real Estate and Investment
The global housing boom
In come the waves
The Economist
NEVER before have real house prices risen so fast, for so long, in so many countries. Property markets have been frothing from America, Britain and Australia to France, Spain and China. Rising property prices helped to prop up the world economy after the stockmarket bubble burst in 2000. What if the housing boom now turns to bust?
Read News...
September 9, 2005 | Read more... | Category: Real Estate and Investment
The price of new housing drops for the first time in recent years on the Costa del Sol
Cristina González / Costa del Sol News
A new report reveals declining sales figures on the western coastline
The building market on the Costa del Sol is slowing down, after many years of galloping growth and a landscape of high cranes right across the area.
September 8, 2005 | Read more... | Category: Real Estate and Investment
SIPPs to pour £10bn into housing market
In2perspective
Savers will pour £8.5 billion into Britain’s housing market from next April, with the introduction of new rules that allow people to spend their pensions on homes, say Hargreaves Lansdown.
Read News...
August 8, 2005 | Read more... | Category: Property
Everyone agrees all is well. It isn't!
Money Week
Mortgage costs are rising, sales volumes have collapsed, and house prices are on the way down. Yet even in the face of these steadily deteriorating fundamentals, estate agents, mortgage lenders, industry insiders and much of the press continue to claim that all is well in the property market. For estate agents in particular, all news is good news as far their predictions about the market are concerned. Rarely do you get to hear that any segment of the housing market is weak, at least not until after the event, when they’re often happy to report that the market is now better than before. These upwards-only commentators famously led us into the 1990-1994 housing crash by telling us not to worry, all was well. And today, most agents and agency bodies are forecasting solid house-price growth forever. My bet? They’ll continue to do so until well into the downturn.
Read News...
August 1, 2005 | Read more... | Category: Real Estate and Investment
'Property pensions' only for wealthy
BBC
New rules allowing the purchase of property through a pension will be inappropriate for most people, the government has admitted.
August 1, 2005 | Read more... | Category: Real Estate and Investment
What to do about the housing crash?
Money Week
Many still consider it premature to suggest that the UK residential housing market is about to crash, or is indeed already crashing. They therefore also think it premature to consider the impact that a housing crash might have on the economy. However, the fact is that many of the housing market statistics that we watch have greatly deteriorated in recent months - house price to income ratios make houses look even more expensive than they did before the 1989 crash, for example. For us, that implies that thinking about the economy in terms of a house price crash is a more pertinent thing to do than it has been for more than a decade.
August 1, 2005 | Read more... | Category: Real Estate and Investment
Residential property: not waving but drowning
Money Week
Most people now agree that the housing market is vulnerable to a sell-off. But will it be a mild slowdown, or a Nineties-style crash? James Ferguson reports.
August 1, 2005 | Read more... | Category: Real Estate and Investment
Tourists buy homes after ten visits
In the next six years, one million holidaymakers will make their home here
Cristina Gonzalez: Sur in English
July 4, 2005 | Read more... | Category: Real Estate and Investment
Land grab laws in Valencia under review
European Commission:LRAU-law in conflict with EU directives!
The Valencian government has been taken seriously to task by the European commission when it comes to the stipulations in the ill famous LRAU-law when it comes to how the town halls are permitted to accept proposals for urbanization plans.
July 4, 2005 | Read more... | Category: Real Estate and Investment
Too many real-estate agencies in the province
A study into the business on the Costa del Sol, carried out by the Aguirre Newman property consultants, puts it like this: It’s not that fewer properties are being sold, but that it takes longer to sell them.
June 10, 2005 | Read more... | Category: Real Estate and Investment
Sales tactics,good and bad
Some estate agents will go to extraordinary lengths to sell a house or apartment. The line between legal and illegal is thin
Read Article...
June 10, 2005 | Read more... | Category: Real Estate and Investment
The price of new housing drops for the first time in recent years on the Costa del Sol
A new report reveals declining sales figures on the western coastline
May 26, 2005 | Read more... | Category: Real Estate and Investment
Britons ‘supersize’ in Spain
Increasing numbers of Brits investing in Spain are buying larger properties fuelled by a surge in equity released from their own homes in the UK, according to The Norwich and Peterborough Building Society (N&P).Read Article...
May 15, 2005 | Read more... | Category: Real Estate and Investment
Guaranteed rental schemes: France vs Spain
Guaranteed rental schemes on overseas property can offer cast-iron rental income for an agreed number of years with a minimal amount of bother, but investors should look beyond the headline rental income offered per year, warns property investment specialist Assetz. French leaseback schemes are inflexible but offer great long-term investment opportunities. Spanish schemes are more suited to holiday home owners, but there are few long term guarantees.Read Article...
May 15, 2005 | Read more... | Category: Real Estate and Investment
Europeans increasingly buying second homes
The trend for Europeans buying a second home is growing, but it is probably not the time to buy as an investment, according to the European Housing Review.Read Article...
May 15, 2005 | Read more... | Category: Demographics
Spanish resale homes boom
Prices of resale homes in Spain are rising faster than those for new-builds for the first time in a decade, as ex-pats go in search of the 'Real Spain' inland areas in preference to the booming coastal locations.Read Article...
May 15, 2005 | Read more... | Category: Real Estate and Investment
Property: Fly to let
Rising UK house prices and the advent of cut price airline travel have helped fuel the overseas property investment boom. Helen Pridham explores the case for buying abroadRead Article...
May 15, 2005 | Read more... | Category: Real Estate and Investment
Nine out of every ten new homes being built have two or three bedrooms
Apartments account for 90 per cent of the new property offer for the coming year. The average size of detached houses is 220 square metres and the average cost is 470,000 euros. Read Article...
May 11, 2005 | Read more... | Category: Real Estate and Investment