http://www.alicanteos.com Buying or living in Spain. This is your blog Mon, 14 Apr 2008 10:40:06 +0000 http://backend.userland.com/rss092 en FT During the investiture debate Jose Luis Zapatero announced that he will take measure to help the housing market and also the access to credit for government housing. "Mr Zapatero told parliament he would speed up government infrastructure projects such as high-speed train links, promote more state-subsidised housing and extend government guarantees ... http://www.alicanteos.com/archives/2008/04/14/zapatero-to-help-spain-housing-market Half of Spain's estate agencies closed their doors last year amid a sharp downturn in the sector, according to figures from the nation's main estate agents' association API. Of the roughly 80,000 estate agencies that existed at the beginning of 2007, only 40,000 have survived the slump in sales, ... http://www.alicanteos.com/archives/2008/01/17/half-of-spains-estate-agencies-closed-in-2007 Figures presented in a report by by the Ceimigra Foundation, Bancaja and the Regional Immigration Department show that 70 per cent of properties in the Valencia region owned by foreigners are in the province of Alicante. This latest data for 2007 indicates that foreign property sales in the province are worth ... http://www.alicanteos.com/archives/2008/01/10/alicante-most-popular-with-overseas-buyers Viva Estates, one of the largest estate agents on Spain's Costa del Sol, has closed all but one of its offices, the latest victim of the downtown in the country's real-estate sector. The company, which sells flats and homes to a mainly British, German and Irish clientele, has shut 13 ... http://www.alicanteos.com/archives/2008/01/10/top-spanish-estate-agency-hit-by-slump The plight of Inmobiliaria Colonial has raised fears of asset fire sales by indebted Spanish property companies, which could further hit already shaky property prices. Colonial, whose stock lost nearly three-quarters of its value in a week after banks holding shares as collateral in derivative positions dumped stock on the market, ... http://www.alicanteos.com/archives/2008/01/08/way-squeeze-pressures-spanish-property-firms With sales slumping, prices faltering and property developers despondent, Spain's housing market evidently failed to get the soft landing in 2007 that the government and experts had predicted at the start of year. Some experts are alarmist, some cautiously optimistic, but all agree that the sector is in crisis. The issue is ... http://www.alicanteos.com/archives/2008/01/08/spains-real-estate-sector-suffered-a-hard-landing-in-07 The phones don't ring off the hook any more at Spanish real estate offices, once the giddy beneficiaries of a sizzling property market. In fact, they hardly ring at all. And the revolving-door flow of customers has vanished. Sharply higher interest rates, a glut of homes and newly jittery banks have ... http://www.alicanteos.com/archives/2007/12/14/alarm-as-spains-once-booming-property-market-loses-steam Found via Homesworldwide Alicante is getting four more hotels and 4,000 new homes, plus a remodelled stadium and new railway station. British property buyers tend to ignore Alicante, which is a shame as the city is still very Spanish and has beautiful beaches and excellent shops - if you're looking for a ... http://www.alicanteos.com/archives/2007/12/06/infrastructure-improvements-for-alicante Spanish construction companies may escape the worst housing crunch in 15 years after turning themselves into low-cost energy stocks. Sacyr Vallehermoso and competitors together spent about $16 billion, almost a third of their annual revenue, in the second half of 2006 to buy stakes in Spain's biggest oil and natural gas ... http://www.alicanteos.com/archives/2007/12/06/spanish-builders-reinvent-themselves The prices of flats in Barcelona has increased by 7,5 % during the last year but they now take an average of 19 months to be sold, 5 months more than last year. In spite, of increasing prices promoters try to be generous they offers flexible financing , sometimes the ... http://www.alicanteos.com/archives/2007/10/25/flats-raise-75-in-barcelona