Fears that Russia may attack their homeland have prompted many Poles to purchase foreign property in Spain. The number of non-Spanish buyers of real estate in Spain increased by 153% last year. The Russian invasion of Ukraine, which took place in February 2022, has pushed East Europeans towards buying or renting properties on the opposite side of the continent. READ …
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After a Madrid Court threw out AIRBNB’s appeal, 65,000 listings for unlicensed holiday flats in Spain could be removed. In recent months, the Ministry of Consumer Affairs has sent three orders demanding that online advertisements be removed because accommodation violates tourist housing regulations. The Madrid High Court has backed the Ministry over its first submission, which results in a ban …
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The property sales in Alicante province were at their highest level ever recorded. The National Institute of Statistics reported that 4664 purchases had been made in March, which is higher than the previous record of 4,541 set two years earlier. The number of homes sold in Spain in March 2007 was 4,400 plus, at the heights of the boom in …
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A PROPERTY Expert, also known as @crismasfamilia in TikTok, has revealed a strategy that pensioners can use to begin investing in real estate. I’m not crazy. This is the investment strategy that I came to tell you about today. “This is the investment strategy I am going to tell you today, and I’m really not crazy,” she said on one …
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A MALLORCAN real estate agent has blamed some ‘locals’ for pushing up property prices because of foreign buyers. Maria Antonia Bermejo from the Gestpropiedad company says that supply of homes is scarce due to ‘exorbitant prices’. Interview by the Diario de Mallorca newspaper, the agent said: “We are talking about €300,000 or €400,000 for a flat covering just 80m2.” READ …
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Squatters in Spain find ways to get around a new, tougher law that aims to evict the squatters despite promises of a speedy trial. A change to the Criminal Procedure Act technically allows the crimes of ‘usurpation of a home’ and ‘breaking and entering’ to be heard in short hearings within a maximum period of 15 days. The squatters evictions …
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The smallest island in Spain will ban all new construction. Tabarca Island is located off the Costa Blanca, close to Alicante and Santa Pola. It has about 70 permanent residents. Alicante City Council, which administers the island, published on Monday their proposals for a Tabarca protection plan. READ MORE TABARCA PROPERTIES(Pixabay image) Plan will prohibit new buildings and ban the …
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The first quarter of 2025 figures, released on Thursday, show that house prices have hit a record in Spain. Foreign buyers accounted for 14% of 181,625 transactions, with people from the UK leading the way. The figures come from the Association of Registrars which clocked average prices at €2,226 per m2 by the end of March. READ MORE House prices …
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The National Statistics Institute(INE) published figures on Wednesday showing that the price of a house in Spain increased by 9.4% compared to a month earlier. The sales of properties in the northern and central parts of the country, which are not dominated with tourist properties, have seen some of the largest percentage increases. Average prices per m2 came in at …
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A BRITISH entrepreneur has been revealed as the owner behind Spain’s most expensive home currently on the market – a spectacular Marbella mansion priced at an eye-watering €70 million. Joe Ricotta is selling Villa Bellagio, located in the gated community Sierra Blanca. The British businessman is best known for founding one of the UK’s leading refrigerated logistics companies, PCL Transport …
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