Laura Hamilton, TV-presenter and expert in property, explained why she believes it is still a great idea to purchase a property in Spain despite increasing opposition. Locals worry that non-EU buyers’ influx will cause prices to rise and reduce their housing stock. A proposed property tax from PM Pedro Sanchez may mean that the tax rate on purchases made outside …
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CSN News reports that foreigners are making up 14.6% in the purchase of property prices in Spain.
According to the registration data, HOUSE PRICES reached a new record in 2024. Second-hand homes were 6.3% more expensive compared to the previous year with average prices of €2,039 per m2 while new houses rose by 4.8%. Non-Spanish purchasers of property accounted 14.6% of all deals, which is just shy of the 15% record reported in 2023. READ MORE These …
Read More »CSN News reports that massive demand has helped home construction on Costa Blanca reach its highest level since 17 years.
Construction of new homes in Alicante has reached its highest levels since the bubble burst. COATA, Alicante’s Official College of Technical Architecture, has revealed that 2,727 new homes were built in the first three months of 2018. This is a 53% rise compared to the same period in last year. READ MORE ALICANTE CONSTRUCTION Comparing quarter to quarter, the increase …
Read More »Pensioner, 83, ‘lives in poverty’ in Spain because her tenant ‘hasn’t paid rent in two years’ – but are there two sides to the story? CSN News
A pensioner, aged 83, from Carranque (Toledo), claims to be in financial difficulty after her tenant, who allegedly did not pay rent for the past two years, accused her to have contributed to a suicide. Paquita tells Cuatro’s programme En Boca de Todos She rented out the house of her deceased mother to supplement her pension. She claims that Beatriz …
Read More »Brits in Spain watch closely as France moves to ‘review the 90-day restriction on British second home owners’ – CSN News
In the wake of Brexit a FRENCH MEP is pushing for the granting of visiting visas to British second-home-owners. This could pave the way for Spain. Martine Berthet is a French Senator who has sent a letter requesting a new Immigration Bill in November 2023. The new bill would change the rules on the length of stay that Brits could …
Read More »Spain’s Estepona is planning a new sprawling sports complex that will include an indoor pool, a dozen tennis courts and other amenities – CSN News
ESTEPONA plans to upgrade its sports infrastructure with the construction of a new multisport complex. There will be a heated indoor pool as well as many facilities for racket sports, community recreation and other activities. The project now available for bids represents a significant investment in public-private partnerships on the Costa del Sol. READ MORE Estepona is now using DRONES …
Read More »Thousands of hotels still for sale in Spain despite booming tourism sector – here’s where to pick one up – CSN News
If you’ve ever dreamed of owning a Hotel in Spain, the options are endless. Idealist The property portal claims to have over 1,000 listings – mostly in tourist hotspots. Although the number of hotels on the site has fallen by 3.5% annually in March, it still offers almost 1,400. In the wake of Covid-19, there was a significant increase in …
Read More »Hit TV series ‘White Lotus’ recreated in the flesh at iconic Mallorca hotel – amid speculation that the fourth series is coming to the island – CSN News
THE luxurious Four Seasons Resort Mallorca at Formentor is offering guests an immersive experience inspired by HBO’s acclaimed series, ‘The White Lotus’. White Lotus Cabana will be open from March 17 until May 14 at the resort. Visitors can enjoy an exotic menu based on the location of the show. The initiative lets fans immerse themselves in the atmosphere of …
Read More »CSN News reports that house prices in Spain are expected to rise three times faster in 2024 than in the rest of Eurozone.
The price of houses in Spain has increased three times faster than the rest the Eurozone. According to Eurostat, Spanish property prices are expected to increase 11.2% in the fourth quarter 2024 compared with the same period 2023. The Eurozone, on the other hand, only saw a 4.2% increase. READ MORE This means that in the Eurostat series of reports, …
Read More »Doubts grow over Malaga’s ‘Puerto Banus’ project as Qatari funders miss another payment – But what is the new mega-port? CSN News
San Andres Marina faces increasing uncertainty after Qatari financiers missed another important payment deadline. Al Alfia – the sovereign wealth fund associated with Qatar’s royal family – has asked for a second extension after failing to pay a second instalment to the marina’s occupation fee. This raises further concerns about the future of the project. As a possible rival to …
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