A Decline in Prices in Murcia We picked up this article from a recent mail shot from GoGo Estates in Murcia and thought it was worthy of sharing: In the Murcia Region the prices are showing a decline, the Housing Price Index (Precios de Vivienda (IPV)) indicate that in all Spain the prices of property´s have decreased. In the Murcia Region the statistics are showing that prices have fallen 10.5% in ...

  Detached Villa in Torremendo €179,000 Spanish Property Live has seen enquiries double in the last 3 months. SPL attributes the rising interest to the falling house prices in Spain, editor Neil Broadbridge commented: "Spain has always been a favourite with British buyers but clearly there has been a surge in interest over the last few months. Our recommended agent Coastland on the Costa Blanca, Costa Almeria and Costa Calida, reports ...

Spanish Prime Minister Mariano Rajoy warned that if the necessary actions were not taken then the deficit could increase another $8 billion. “We are living in a crucial moment which will determine our future and that of our families, that of our youths, of our welfare state,” said the centre-right People’s Party prime minister, who will oversee one of the largest deficit savings in Spain’s recent history, reports Reuters. “These measures ...

Almost every day there are reports in the papers and on television regarding the uncertainty with the Eurozone. Many Brits considering buying in Spain or emigrating there will be understandably concerned about depositing their money in a Spanish bank. The lack of confidence has been this way since September 2008 when the U.S investment house Lehman Brothers crashed and Northern Rock wasn’t far behind. It’s for this reason that depositors have ...

Sold Out! That is what Coastland have been telling their numerous customers interested in the Bank Owned Perajela Golf Villas. Last week one of Spain's largest savings Banks reduced the prices of 4 Romana Villas on the prestigious Peraleja Golf resort in Sucina Murcia to a staggering 96,300€, these Villas only 6 months ago were being sold for 230,000€ The frenzy that followed resulted in all of the Villas in this ...

The Paramount Theme Park Murcia site today getting ready for the inaugural stone to be laid this coming Thursday at 1pm. Completion still on plan for  opening in 2015.

Sterling vs. Euro; Last week saw continued weakness across the Euro zone keeping the single currency weak, the Pound also fell with poor economic data releases; it then recovered to see the GBP/EUR cross trading over a three year high with mid-market rates reaching 1.2433 over the weekend. One of the hardest questions to answer is what is expected of the Euro in the next 12 months? The French elections saw the Socialist ...

According to the Spanish National Statistics Institute there are 328,687 repossession properties for sale with an estimated value of 176 Billion Euros of unsold properties in Spain, making the Spanish banks the largest estate agents in Spain. Many of these properties are of little interest to those Europeans seeking a holiday home in the Spanish sun. Yet there are still thousands of coastal properties which are being offered with up ...

Sterling vs. Euro, an update.... Euro purchasers celebrated last week after Sterling extended gains against a beleaguered Euro as investors scaled back expectations of further stimulus from the Bank of England, putting the Pound on course to allow it to rise against the euro to levels not reached since the middle of 2010. The pound rose to its highest weekly average in over 3 years against the single currency and a ...

Received this from William this morning.... GBP/EUR exchange rates have just hit a 20month high of 1.2211. Which leads nicely onto the following article When to Buy Your Dream Home Abroad? Currently the majority of international property agents are receiving an unprecedented level of enquiries from first time buyers and fast sales from professional/experienced property investors. This is a key indication that huge numbers of inexperienced buyers are sitting on the fence waiting for the ...

British expat supermoto racer, Anthony Ford-Dunn from Bullas in Murcia is making final preparations for the first round of the Spanish Supermoto championship on Sunday 29th April at the spectacular, chicharra kart circuit in Villena, near Sax in the province of Alicante. Anthony is no stranger to the highly competitive racing in the Spanish Supermoto championship and was runner up in the championship in 2010 and 4th overall in 2011 despite ...

€530 Billion Euros Set To Boost The Eurozone Property Market And US Recovery Signs   This week 800 Euro zone banks tried to replicate Americas success in rising consumer confidence and borrowed €530 billion in the largest ECB liquidity operation of its kind. To be clear this is not a Greek style bailout. This is a growth stimulus, which in theory should boost the property market as banks start lending again. America initiated a ...

  Villamayor de Santiago a small town south east of Madrid has reverted back to using the old currency the Peseta. With the Euro Crisis deepening local shop keepers and business had the initiative to accept the old defunct currency to help its struggling population.  News quickly spread, and shoppers from neighbouring villages and towns have been flocking there to spend the old currency. Luis Miguel Campayo, chairman of the local merchants’ association, ...

Yesterday the signing of the land for the Paramount Theme Park in Alhama de Murcia was supposed to take place, but it didn't. Now the sceptics who believe this park will never break the ground will be having a field day with this news, however the official news from Premursa the company behind the planning and development is that the notarized signing has been delayed a month due to technical and ...

Wow, what a response! Monday we relaunched the main Spanish Property Live Website and the amount of Agents signing up has been incredible. Recently we have made a few changes to the site, stripped out some redundant features, and 'trimmed' our prices.... well 'slashed' would probably be a more fitting word. Estate Agents and Homeowners can now advertise up to 250 properties for an amazing 99 Euros for 12 months, and ...