Spanish Property News

Spain's great all-round summer

2010-09-17T12:41:00.002+02:00

Spain is having a great summer and the place is on the up in the property, vacation, financial and weather sectors, all of which impact on property purchase.After three years of construction lay-offs and cut-backs in housing production – down from 600,000 a year to 400,000 – annual output was up 18.6%, the highest in the Eurozone. This should mean more choice in two years and give time for the

Capital Gains less taxing in Spain

2010-06-25T17:59:00.020+02:00

So the dreaded Capital Gains Tax remains at 18% for most Brits, but the UK Budget added an extra 10% for high earners who want to sell second homes in the UK or Spain.The tax clicks in only after the owner’s basic UK profit allowance of £10,000 has been applied along with the cost of any improvements and running costs (if renting it out). This change is likely to encourage more Brits to buy a

Euro boosters for property in Spain

2010-06-14T15:21:00.007+02:00

Britain's new coalition government has got off to a quick and appreciated start with national budget savings and waste-avoidance supposed to save £6 billion this year and this seems also to have boosted Sterling against the much troubled Euro.The pound is approaching its highest level against the Euro since it slumped to near parity in November 2008 and that is enough for many prospective Spanish

Bonanza for Spanish timeshare buyers

2010-06-14T14:31:00.001+02:00

There could be a double your money bonanza for people who have purchased a timeshare property in Spain, as a new court ruling looks set to spark-off an avalanche of timeshare compensation claims against developers. The new Spanish court ruling can now be used by up to 400,000 European timeshare owners to seek compensation from illegal contracts signed after 1996 in Spain and industry experts

Spain digs into their debt mountain

2010-06-02T13:05:00.004+02:00

If you thought the new British coalition government was off to a flying start to cut the growing debt mountain and save the nation, better look at what the Spanish Government has been up to in the same period. Two countries trading on over-priced properties and suffering from the fact the affordability level has been reached; two countries suffering from their highest unemployment levels;

Election chaos speeds Brits to sunbelt

2010-05-11T12:18:00.007+02:00

It wasn’t exactly a comprehensive survey, but the one on emigration commissioned by Currency UK was timely, as Britain slumped to an all-time low in the corruption league table with the cobbled plans for a Government of the Election Losers to run the country…That latest attack on UK democracy came just after the survey, so the next one might show even greater interest in Over-50s quitting the UK

McBroon duffed-up by a pensioner

2010-04-29T16:46:00.004+02:00

McBroon, the raider of British pensions, came face with a real pensioner when told he had to mix more with real voters instead of the marshalled lines of McBroon-nosers hitherto in the election campaign...The smiles and smarms of his little chat with Gillian Duffy - a grandmother who had worked for Rochdale council for 30 years - vanished when he got into the safety of his bomb-proof Jaguar.

UK fiscal storms or sunbelt for over--50s

2010-04-27T14:39:00.009+02:00

Still no good news for Brit over-50s and pensioners as the last lap of the General Election race gets underway…Not much on Europe either from McBroon or Lord Meddlesome, the former EU commissioner who made his millions there.More of the silver-hair brigade will be deciding shortly on whether they head off to the sunbelt or weather out the fiscal storms to come in murky Britain, whichever party

Two new truths boost Spanish property

2010-04-14T12:18:00.005+02:00

Two new truths on the same day might be a shock to the system, but there is a link between them that British over-50s and retirees will be quick to spot.Shock one came when McBroon, having denied for years that he was the architect of the UK’s fiscal meltdown as Chancellor and then Prime Minister, finally admitted he’d been too soft on the bankers and their antics caused the crisis.Shock two was

Payback time for pensioners as McBroon quits

2010-04-06T14:00:00.005+02:00

It should be the beginning of the end of McBroon and his bungling Labour Party as he announced the General Election date and scuttled round to Buckingham Palace to get his demob from the Queen…That was just 24 hours after it was revealed that the Over-55s are the biggest voting segment in the UK as they represent over 42% of the electorate. These are the pensioners whose pensions were robbed by

Over-50s can quit UK for just £25,000

2010-03-22T13:50:00.001+01:00

Prime Minister McBroon is in a right pickle, having had his clapped-out New Labour saved by an £11M investment from clapped-out, seventies-style Old Stalinists in the Unite trade union, it’s now payback time. McBroon is using the union’s cash to fight the next election and carry on with his crazy government of the Britain he has ruined. To make sure he toes the Militant Tendency line, Unite has

The Great Spain Getaway underway

2010-03-19T11:09:00.001+01:00

Britain’s Over-50s have clocked that the untruthful McBroon the Clown has been caught with his trousers around his ankles when he was forced to reveal the truth about the military spending cuts he had denied consistently to the Chilcott Inquiry, Parliament and divers TV interviewers. Wise old sceptics among the electorate are now wondering about the veracity of McBroon’s other assertions on

Brit pensioners quitting Never-Never Land

2010-02-02T13:34:00.009+01:00

Thousands of Over-50s and pensioners are in despair over their futures as they note the daily pronouncements of the ruling McBroons and wannabe Cameroons on how to fix the fiscal mess in which the UK wallows. Likewise the decline in public service standards and a real threat to day to day living as deep budget cuts strangle services are major concerns. Whatever the outcome of the General

Taliban can afford to move to Spain…

2010-01-29T10:56:00.004+01:00

There can be few people left who do not think unbeloved, unelected leader McBroon has lost the plot in the fiscal arena after his crazy idea to hand over millions to the terrible Taliban to rebuild their lives rather than give a helping hand to thousands of British families and pensioners in near penury as a result of his pension raids and stealth taxes of the last decade.As McBroon postures on

Brit buyers voting with their feet

2010-01-22T13:24:00.003+01:00

It should be a good year for property purchase in Spain and already the Russian, Scandinavian and Benelux buyers are bagging most of the bargains, priced at levels of at least five years ago.The British, who have been sitting on their hands during the recession, seem more likely to buy in 2010, as they now realise their country is going nowhere soon, thanks to the trillions of pounds of debt

Demolition property pain in Spain

2010-01-08T15:46:00.012+01:00

The public relations contrast between Dubai and Spain was emphasised quickly enough in the first week of 2010 when the world’s tallest building went up amid a blaze of world publicity and the new homes of Brit buyers were battered down by bulldozers.The rulers of Dubai called up 10,000 fireworks, sky divers and a laser light show to shore-up their broken property sector and tell property buyers

Spanish property bargains window for 2010

2010-01-03T14:23:00.016+01:00

There is still a “window of opportunity” for some bargain property purchases in Spain as that country’s economy, like that of the UK, shows little sign of recovery at the start of the New Year.Just two months ago the European Commission assessed the fiscal state of play and stated: "Spain's weaknesses over the developing crisis reflect mainly the reversal of the continuous domestic demand

Final days for the McBroons?

2009-12-16T19:35:00.003+01:00

It’s looking like the final days of the McBroons as they scramble from saving face in the hot Afghan desert and onto snowy Copenhagen to save the world from climate change. As they have got so little right in their 12 years of mis-rule, few would give them any odds on pulling something useful out of the fire at this late stage of their decline.McBroon and his cohorts are allowing the busted banks

McBroon blunders boost Spanish homes

2009-11-13T15:15:00.002+01:00

Countries with the euro are now out of the recession, while the country with the pound remains mired in McBroon fiscal clay and still no sign of recovery. Blundering McBroon is to blame as he’s agreed to pay more billions in membership fees to the EU and his copy-cat car scrappage scheme gave £400 million to German and French manufacturers. He struts around European events like they should be

Spanish property "illegals" still on offer.

2009-10-23T13:10:00.007+02:00

Buyer beware is still an apt warning when it comes to Spanish real estate. Despite the long promised legalisation of the illegal property built during the corruption-ridden years at Marbella town hall, potential buyers are still facing risks.So far 18,000 properties, given planning permission during years of town hall back-handers, have been retrospectively, newly “legalised” and the innocent

Offplan property deposits legal successes

2009-10-19T13:57:00.008+02:00

The offplan boom that fuelled the Spanish real estate market for nearly a decade may have ended with the arrival of the recession, but the consequences for some unsuspecting buyers lingers on in ongoing disputes.Currently, savvy buyers are favouring the key ready bargains from hard-pressed developers and Spanish bank repossessions where even bigger discounts are available. Conversely, 100s of

Brit buyers miss out on Spanish bargains

2009-10-14T12:23:00.002+02:00

British buyers are losing out on the amazing property bargains in Spain as the Dutch show more courage, the Belgians more muscle and even the French recognise a good deal when they see one.These Euro-zone countries do not have the adverse currency problems of would-be Brit buyers, who now have to recognise that the once mighty Pound is worth just one Euro and is unlikely to do better than this

McBroon get his figures in a twist…

2009-10-13T09:00:00.004+02:00

So McBroon, the self proclaimed fiscal saviour of the world’s economy, isn’t very good with figures after all. First he loses £3B by selling our gold bullion just before prices soared, then he puts millions of pensioners in limbo by his annual stealth raids on funds, followed by his spurious claim that he’s seen off boom and bust for ever – just before Britain goes bust…Now he admits to fouling

McBroon's Britain "worst place in Europe"

2009-10-12T17:13:00.004+02:00

As the bungling McBroon’s start their fire sale of taxpayer assets like tunnels, bridges and betting counters, a new report says Britain is the worse place to live in Europe and the country is where the focus is on standard of living rather than quality of life.Researchers weighed up official data for ten European countries and concluded that high incomes in the UK are cancelled out by long

Scary for Brit pensioners

2009-10-09T13:17:00.006+02:00

There’s been some scary pensions data this week for Over-50s thinking about retiring to sunny Spain and stern warnings of a Big Bang if something radical isn’t done…Pensions are an accident waiting to happen, according to experts in the Channel 4 Dispatches programme,"Who Took Your Pension”While the McBroon Government financial crisis, poor investment returns and inadequate savings have curbed