Britons have long dominated overseas property sales in Spain, but demand from Swedish buyers is steadily rising.
In summer 2016, demand was up 59.8% year-on-year in Quarter 2, according to data from leading Spanish second home specialist, Shario, and the Property Registrars Registradores.
Swedish sales rose 22.7% in Quarter 3 2016, while UK sales in Spain fell 16.3%. Read more »
What’s Christmas in Malaga like? What will be open? … We’ve been asked a lot of questions by people coming to spend their Christmas holiday in Malaga so we thought the best thing was to create a Christmas in Malaga FAQs blog post.
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The rally in GBP/EUR is by no means over says a leading foreign exchange analyst.
The GBP/EUR pair has risen from the 1.09s of the October flash crash to November highs at 1.18 with a good boost being provided by the US election result on November 9. Read more »
Much has been written in recent months on the subject of underlying price trends in the Spanish property market, with the views of property portals, valuation firms, registrars and notaries often presenting rather contradictory information. However, the latest information produced by the central government statistics unit on Wednesday appears to offer little room for doubt, and reports an increase of 4% in average residential property prices over the last twelve months. Read more »
For too long Malaga was known as an airport city; the gateway to the beautiful Costa del Sol. But the world is waking up to Malaga’s charm and beauty and realized that it is a thriving city begging to be explored.
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THE iconic Byblos hotel in Mijas is set to reopen its doors to a new A-list crowd after being sold for €60 million Read more »
Both sales figures and average prices rose in the second quarter of 2016
The latest detailed statistics regarding residential property sales in Spain which were published on Monday by the country’s notaries show that the market upturn continued in the second quarter of the year, in terms of both the number of sales completed and the average market price. Read more »
Record-low interest rates , new Flights from low cost airlines and unconventional stimulus pushing down borrowing costs across the Europe and Spain are having a positive effect on the housing markets. Spain with its additional stimulus from overseas buyers appears to benefiting with increased demand from second home hungry Brits leading the way . Is this this good news one that could inadvertently lead to overheating once again? Read more »
Pound Sterling hit an impressive multi-week high against the Euro in the wake of Donald Trump’s victory and we believe further advances are possible. Read more »