news
Spanish overseas property sales hit three year high
16 May 2012
Figures from the Bank of Spain and Taylor Wimpey Espana provide proof, if any was needed, that international property markets behave differently to their domestic counterparts.
Doom and gloom is difficult to avoid when reading reports that mention the Spanish economy, unemployment or the banking/property sectors. Yet there are pockets of good news for our industry.
According to the Bank of Spain, foreigners invested 4748 million euros in Spanish property in 2011, up 27% on 2010.
It was the second consecutive annual rise and the highest yearly rise since the boom. According to the banks figures foreign investment was above 2006 levels which stood at 4716 million euros. More Spanish overseas property sales hit three year high
Doom and gloom is difficult to avoid when reading reports that mention the Spanish economy, unemployment or the banking/property sectors. Yet there are pockets of good news for our industry.
According to the Bank of Spain, foreigners invested 4748 million euros in Spanish property in 2011, up 27% on 2010.
It was the second consecutive annual rise and the highest yearly rise since the boom. According to the banks figures foreign investment was above 2006 levels which stood at 4716 million euros. More Spanish overseas property sales hit three year high
Opening of San Pedro underpass for Marbella property market
14 May 2012
June sees the arrival of an underpass long overdue for Marbella's property market.
The San Pedro road will finally open next month, allowing traffic to flow fluidly between Marbella and the Costa del Sol. The project will "breathe new life" into the area's housing, according to agents, after several years of start-and-stop construction. More Opening of San Pedro underpass for Marbella property market
The San Pedro road will finally open next month, allowing traffic to flow fluidly between Marbella and the Costa del Sol. The project will "breathe new life" into the area's housing, according to agents, after several years of start-and-stop construction. More Opening of San Pedro underpass for Marbella property market
Costa del Sol prepares to welcome Brits sprinting away from Olympics
30 April 2012
The Costa del Sol will be making every effort to welcome British holiday makers escaping London during the 2012 summer Olympic Games after a report from the Association of British Travel Agencies (ABTA) discovered that 21% of people questioned said that they do not want to be in the UK whilst the world's biggest sporting event takes place. More Costa del Sol prepares to welcome Brits sprinting away from Olympics
Dream Property's new online catalogue
8 March 2012
We invite you to have a look at our new catalogue with selection of the exclusive properties http://www.dreamproperty.es/folder/ More Dream Property's new online catalogue
Dream Property participates in Russian Meeting Point in Marbella
7 March 2012
The place and time to be in real estate: Russian Meeting Point Marbella, 14 -16 March 2012
The “Russian Meeting Point” is organized by Barcelona Meeting Point in cooperation with the President of the Andalusian Federation of Urban Developers and Residential Tourism and the owner of the Hotel Villa Padierna Palace, Ricardo Arranz.
The event aims at getting together hundreds of Russian investors and real estate agents with the entrepreneurs of the “Golden Triangle”, for the purpose of releasing the stock of properties available in the areas of Marbella, Estepona and Benahavís.
More Dream Property participates in Russian Meeting Point in Marbella
The “Russian Meeting Point” is organized by Barcelona Meeting Point in cooperation with the President of the Andalusian Federation of Urban Developers and Residential Tourism and the owner of the Hotel Villa Padierna Palace, Ricardo Arranz.
The event aims at getting together hundreds of Russian investors and real estate agents with the entrepreneurs of the “Golden Triangle”, for the purpose of releasing the stock of properties available in the areas of Marbella, Estepona and Benahavís.
More Dream Property participates in Russian Meeting Point in Marbella
The beginning of a Spanish property shortage?
16 January 2012
With unemployment at record levels and property price falls accelerating in many areas, good news from Spain is thin on the ground.
Much has been made of Spain’s property glut but it seems that in the Costa del Sol at least, falling prices are beginning to clear the market.
Could this be the start of shortage of property in established holiday home areas?
Ironically the answer is probably yes, although it may take some time.
More The beginning of a Spanish property shortage?
Much has been made of Spain’s property glut but it seems that in the Costa del Sol at least, falling prices are beginning to clear the market.
Could this be the start of shortage of property in established holiday home areas?
Ironically the answer is probably yes, although it may take some time.
More The beginning of a Spanish property shortage?
Extension of VAT reduction to apply to holiday homes
9 January 2012
The condition excluding newly-built holiday-homes from VAT reductions appears to have been dropped.
When the Socialist Government introduced a VAT reduction on new homes sold last year, from 8pc to 4pc, the People’s Party, then in opposition, promised to extend the reduction to the end of 2012, but only on primary residencies up to a certain price. More Extension of VAT reduction to apply to holiday homes
When the Socialist Government introduced a VAT reduction on new homes sold last year, from 8pc to 4pc, the People’s Party, then in opposition, promised to extend the reduction to the end of 2012, but only on primary residencies up to a certain price. More Extension of VAT reduction to apply to holiday homes
Spanish banks lending over 100% on repossessed properties
6 January 2012
Spanish Banks are prepared to lend over 100% on their own properties that have been repossessed, it has been revealed.
They are also selling them at rock bottom prices to attract buyers so that they can reduce the amount of property on their books.
According to Adam Cornwell, managing director of Feltrim International these are quality properties in desirable areas.
Recent reports from a leading risk adviser say banks have around €30 billion worth of property that they can’t sell.
More Spanish banks lending over 100% on repossessed properties
They are also selling them at rock bottom prices to attract buyers so that they can reduce the amount of property on their books.
According to Adam Cornwell, managing director of Feltrim International these are quality properties in desirable areas.
Recent reports from a leading risk adviser say banks have around €30 billion worth of property that they can’t sell.
More Spanish banks lending over 100% on repossessed properties
Foreign Investment in Spanish Property up 27.8% to September
2 January 2012
Foreign investment in Spanish real estate surged 27.8% to September, over the same period in 2010. In total, these transactions amounted to 3,601 million euros, which is a significant rise compared to the slight increase of 2.6% in 2010, according to the Bank of Spain. More Foreign Investment in Spanish Property up 27.8% to September
Russian buyers and golf property helping Spanish property market
5 December 2011
There has been a surge of interest from Russians looking to buy residential property in Marbella this year having been attracted by the region's climate, glamorous lifestyle, beautiful scenery and choice of upmarket homes, it is claimed.
Fine & Country said it has had a large number of Russians visit their office at the Marbella Club Hotel over the summer months, according to Laurent Coulée sales director.
‘The number of Russians looking to buy homes in the area has doubled since last year. They are typically looking for high value properties on the coast and on exclusive estates such as La Zagaleta and Sierra Blanca that are renowned for their good quality homes and high levels of security,’ she said. More Russian buyers and golf property helping Spanish property market
Fine & Country said it has had a large number of Russians visit their office at the Marbella Club Hotel over the summer months, according to Laurent Coulée sales director.
‘The number of Russians looking to buy homes in the area has doubled since last year. They are typically looking for high value properties on the coast and on exclusive estates such as La Zagaleta and Sierra Blanca that are renowned for their good quality homes and high levels of security,’ she said. More Russian buyers and golf property helping Spanish property market
