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 ...

Spain’s new Prime Minister Mariano Rajoy has got his first term off to a flying start by making some tough decisions in a rapid attempt to bandage the wounded Spanish economy. One decision that Rajoy made that will benefit the Spanish Property market is the extension of the reduced IVA (4%) for the purchase of new build homes in Spain. Rajoy claimed that the temporary measure made by Jose Rodriguez Zapatero to ...

Price: 650000 € Town:Ciudad Quesada Bedrooms: 3 Bathrooms:3 Description: Listed by:Inmoinvestments Property Service Phone:(0034) 966 284 529

Price: 449000 € Town:Campoamor Bedrooms: 3 Bathrooms:2 Description:This exeptional top floor apartment boasts of stunning panoramic views at the sea and the area. The large living area of about 150 sqm has been created by linking two apartments, which has created a fantastic open and bright lounge - dining area. There is 3 bedrooms, 2 bathrooms, a modern ...

Price: 238000 € Town:Canals Bedrooms: 5 Bathrooms:3 Description:Canals, Valencia ? Each storey of the villa is completely self-contained and available for separate rental and the villa is also available for sale. Valencia airport is only 45 mins away and it is 60 mins to Alicante Interior The property has a build size of 240 m2. Ground Floor The lounge area is really unique ...

Price: 175000 € Town:La Romana Bedrooms: 4 Bathrooms:2 Description:La Romana, Alicante - Spacious town house on two floors plus garage. Interior The property has a hallway with a storage area and a spacious living room with double patio doors The townhouse has a fully fitted kitchen which has plenty of light from the two sets of windows and a separate utility ...

Price: 155000 € Town:Murcia (City) Bedrooms: 3 Bathrooms:2 Description:Bullas, Murcia - Rural detached villa with own pool for sale. A rent to buy option may be considered. Please ask for details. Interior The property has a lounge with a log burning stove and oil fired central heating. There is a dining area within the lounge. The fitted kitchen has a washing ...