Spanish Property News

The latest news update from the Spanish property portal Kyero confirms what many Spanish property agents on the ground have been seeing - Spanish property prices have touched bottom.

Martin Dell from Kyero states that "I continue to predict a wave of foreign investment money flowing into Spanish property. Word on the street plus confirmation by Knight Frank that real Spanish property prices have bottomed out means that what we're waiting for now are the investors."

At Dream Spain we are seeing increasing amount of buyers looking at property on the Costa Calida. When you can buy a detached villa within walking distance to the beach for 160k euros you can understand why.

We will continue to add more great resales to our Spanish property portfolio over the next couple of weeks, to complement the really interesting new build properties already available.

Spain is still the popular choice for foreign buyers - I have no doubt about that. As I write this in November it is 25 degrees here on the Costa Calida. Property is available at great prices, interest rates are low, it all makes perfect sense.

Labels: Costa Calida Property, Murcia Property, Spanish Property Prices

A new study shows that Spain tops the list of the 101 most popular overseas property destinations searched for on the internet - not a surprise to those who know the reality behind the many downbeat newspapers stories currently circulating.

The study looked at which countries UK internet users search for, and Spain came in at number one, with the region of Murcia itself in the top ten.

The research, from Globaledge.co.uk, analyses 200,000 property related searches over the last 100 days and groups them into specific locations.

Ashley Rigg, director of Globaledge.co.uk, said: "An amazing 11 out of the 20 most popular overseas searches in the last 90 days were for Spain or for Spanish towns and regions. Despite the media gloom surrounding the Spanish housing market, there is still considerable demand from Brits for property in Spain and the lifestyle that goes with it."

See the full report at globaledge.co.uk.

Labels: Murcia Property, Spanish Property

Spanish property buyers have been reassured that while the market has slowed down Spain is still the place to buy and Murcia in particular. Speaking recently in UK newspaper, Liam Bailey from the global property consultancy Knight Franks stated that "Spain has been one of the stronger performers in recent months." He pointed out that although house prices in Madrid went up by just 2% last year, property values in Murcia increased by more than 8% during the same period. Visit the Dream Spain website to see properties that our available now in Murica.

A Place in the Sun magazine also confirmed Spain's continuing popularity during a recent survey which showed that Spain is the most popular overseas property market for British buyers.

Labels: Buying Property in Murcia, Murcia Property, Spanish Property

Labels: Costa Calida Property, Murcia Property, Property Investors

Labels: Costa Calida Property, Murcia Property, Spanish Property

Murcia is touted as one of the most upcoming regions in Spain, and property prices here are almost 50% cheaper per sq. m. than anywhere else in the region. Investors are beginning to see the potential of Murcia as an investment destination as millions are being pumped in infrastructure development.

Spain has been one of the top tourist destinations in Europe for many years. Many people have bought holiday homes in the sun; however, demand has now pushed prices in many areas of Spain sky high. Sure, the recent press on the market crash in Spain has also put a dampener on the average investor. But a little known fact is the market has only gone through a downturn in the Costa del Sol leaving the rest of Spain still ripe for investment.

In a recent Daily Mail article, Murcia was being touted as the newest hotspot in south-east Spain. Located between Alicante and Aguilas, this region has been slow to jump on to the tourism bandwagon. But it is making up for lost time. Anyone who has flicked through the Real Estate TV channel in recent times will have undoubtedly come across the “Next Big Thing” – Murcia. With 180 miles of coastline, unspoilt villages, and one of the balmest climates in Spain, any investment in Murcia today will reap excellent rewards in the next 18-24 months.

What makes Murcia an excellent investment today?

High speed rail link from Murcia to Madrid
New international airport which will be fully operational by December 2008
3 new motorway links already underway
180 miles of stunning Mediterranean coastline
Already established resorts like La Manga commanding very high premiums on rentals and resales
Large developers like Polaris World are pumping millions into various development schemes
In general, Spain has reported a significant rise in prices (around 28%) in the previous two years and, if you invest in the right property in the right location, you can still be assured of a healthy return on your investment. There have been some adverse comments in the media recently, regarding falling property prices in Spain. This is certainly true in some areas particularly Costa del Sol and parts of Southern Costa Blanca. The effect of over-build at highly inflated prices in these regions has resulted in the necessary price realignment. However, Murcia has remained untouched by these fears and is ready and waiting to be the next big thing.

There are various projects and resorts being developed in Murcia, especially targeting the tourist market. Certain properties on offer are at least 50% cheaper than what you can buy in the UK and significantly below prices compared to the Spanish regions mentioned above.
Story from huliq.com

Labels: Murcia Property, Property Investors

Spain’s property market has been boosted by the 500 plus Blue Flags awarded to its beaches and marinas.

To receive a Blue Flag, beaches and marinas must meet stringent criteria. Marinas must produce an environmental policy & plan, have recycling facilities, provide a map indicating all amenities and have lifesaving facilities. Beaches have ongoing evaluations to ensure they meet the criteria which includes safety provisions, the presence of a map indicating all facilities, toilet facilities, recyclable waste facilities and compliance with the required standard of water quality.

A total of 499 Spanish beaches have been judged by the Blue Flag International Jury to have met the criteria, along with 77 marinas.

In the Costa Calidá there are 21 Blue Flag Beaches and Marinas – details can be found here.

The 576 Blue Flag awarded are great news for the Spanish property market – and reflect the confidence felt in the market by holiday homeowners and buy-to-let investors alike.

Labels: Costa Calida Property, Murcia Property, Property Investors

At Dream Spain we are always working to secure the best opportunities for our clients. We are pleased to confirm that on selected developments we have secured low deposit agreements - ensuring our clients have access to the most competitive payment terms available in the region. Being locally based our clients benefit directly from the excellent relationships we have developed with the best local builders in the area.

This is just one of the many reasons our clients choose Dream Spain and recommend our company to their family and friends. Please contact us now for a realistic chat about the property market in Murcia and the Costa Calidá.

Labels: Costa Calida Property, Murcia Property, Property Investors