MADRID October 2011 . Housing prices fell by 5.6% in the third quarter over the same period in 2010, thus continuing the downward trend and that started in late 2008, according to price statistics released today by the Ministry of Development. Between July and September this year, the average price per square meter of properties […]
Mallorca is still the most desired island in Spain to buy property despite the current world financial situation. Property buyers that retire in Mallorca or Ibiza sometimes think it will be cheaper than living in the UK, apart from the weather and other conditions. This is not the case because the island’s lifestile can be […]
Cala D’Or, with its superlative harbour and sandy beaches, is a bustling holiday resort on the Southeast coast. Popular with families, this area is not for those who seek a life in the wild spaces of Mallorca. It is better suited to those who prefer the charm of natural surroundings without suffering any of the […]
The Spanish Euribor rate decreases again in September to 2,067 % according to the infomation provided by the Bank of Spain. The Euribor is short for Euro Interbank Offered Rate. The Euribor rates are based on the average interest rates at which a panel of more than 50 European banks borrow funds from one another. […]
This revolutionary villas are constructed with concrete roofs, walls and floors. Alternatively the developer offers wooden fllors and painted walls. Modular Houses in Mallorca ? The villas have been designed by a prestigious architect following the strongest building regulations. The prices have been adjusted to the lowest possible with no intermediates involved in the […]
Today, the Spanish Government’s Development Minister, José Blanco has reduced the tax (IVA) on all new properties from 8% to 4% effective immediately. This temporary reduction will run until the end of 2011 and will stimulate sales on new property and boost the Spanish economy. With the ongoing financial crisis hitting Spain hard, the Government […]